CBRE Group (NYSE:CBRE) CFO Emma Giamartino Sells 2,250 Shares of Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at $16,086,350.91. This represents a 2.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Up 0.6%

NYSE CBRE opened at $152.75 on Friday. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The firm has a 50 day moving average of $140.17 and a two-hundred day moving average of $141.98. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $44.23 billion, a PE ratio of 35.04 and a beta of 1.18.

CBRE Group (NYSE:CBREGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The business had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The company’s revenue was up 15.1% on a year-over-year basis. During the same period last year, the business earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CBRE has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Evercore reissued an “outperform” rating and set a $175.00 target price on shares of CBRE Group in a research report on Thursday, July 30th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, Keefe, Bruyette & Woods increased their price target on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.57.

Check Out Our Latest Analysis on CBRE Group

Hedge Funds Weigh In On CBRE Group

Several large investors have recently bought and sold shares of the stock. Swiss RE Ltd. acquired a new stake in shares of CBRE Group during the fourth quarter worth about $25,000. Navalign LLC acquired a new stake in shares of CBRE Group in the 4th quarter valued at about $29,000. Ascentis Independent Advisors acquired a new stake in shares of CBRE Group in the 1st quarter valued at about $30,000. Cassaday & Co Wealth Management LLC purchased a new position in CBRE Group during the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC grew its stake in CBRE Group by 5,180.0% during the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after buying an additional 259 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Company Profile

(Get Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

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