Stoneridge Investment Partners LLC Takes $654,000 Position in CBRE Group, Inc. $CBRE

Stoneridge Investment Partners LLC acquired a new position in CBRE Group, Inc. (NYSE:CBRE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,453 shares of the financial services provider’s stock, valued at approximately $654,000.

Several other large investors have also recently modified their holdings of CBRE. Swiss RE Ltd. acquired a new position in shares of CBRE Group during the fourth quarter worth $25,000. Navalign LLC purchased a new stake in shares of CBRE Group during the 4th quarter valued at $29,000. Ascentis Independent Advisors acquired a new stake in shares of CBRE Group in the 1st quarter worth $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of CBRE Group in the 1st quarter worth $33,000. Finally, MV Capital Management Inc. purchased a new position in CBRE Group during the 4th quarter worth $42,000. Institutional investors own 98.41% of the company’s stock.

Analyst Ratings Changes

CBRE has been the subject of a number of research analyst reports. Evercore reiterated an “outperform” rating and issued a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Barclays boosted their price target on CBRE Group from $178.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Keefe, Bruyette & Woods lifted their target price on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and a consensus target price of $180.57.

CBRE Group Stock Performance

Shares of CBRE stock opened at $152.75 on Friday. The firm has a market capitalization of $44.23 billion, a price-to-earnings ratio of 35.04 and a beta of 1.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. The business has a fifty day moving average of $140.17 and a 200 day moving average of $141.98. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. The company had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 earnings per share for the current year.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the sale, the chief financial officer owned 108,479 shares in the company, valued at $16,086,350.91. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the transaction, the chief executive officer owned 134,869 shares in the company, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,144 shares of company stock worth $767,363 over the last three months. 0.46% of the stock is currently owned by insiders.

CBRE Group Company Profile

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.