UBS Group AG Cuts Stock Holdings in CBRE Group, Inc. $CBRE

UBS Group AG trimmed its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 53.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 719,951 shares of the financial services provider’s stock after selling 811,715 shares during the period. UBS Group AG’s holdings in CBRE Group were worth $115,761,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CBRE. Brighton Jones LLC grew its stake in CBRE Group by 322.9% during the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after acquiring an additional 11,065 shares in the last quarter. Woodline Partners LP grew its stake in CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after acquiring an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 179 shares in the last quarter. First Trust Advisors LP grew its stake in CBRE Group by 41.3% during the second quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after acquiring an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC grew its stake in CBRE Group by 54.6% during the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after acquiring an additional 1,728 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.46% of the stock is owned by corporate insiders.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $142.02 on Friday. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27. The stock has a market capitalization of $41.59 billion, a P/E ratio of 32.35 and a beta of 1.28. The firm has a fifty day simple moving average of $140.94 and a two-hundred day simple moving average of $153.34. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the company earned $0.86 EPS. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Barclays lifted their price objective on shares of CBRE Group from $174.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 14th. Keefe, Bruyette & Woods lifted their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Finally, Weiss Ratings raised shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $179.86.

About CBRE Group

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.