PFA Pension Forsikringsaktieselskab Invests $70.59 Million in CBRE Group, Inc. $CBRE

PFA Pension Forsikringsaktieselskab purchased a new position in shares of CBRE Group, Inc. (NYSE:CBRE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 432,245 shares of the financial services provider’s stock, valued at approximately $70,590,000. PFA Pension Forsikringsaktieselskab owned approximately 0.15% of CBRE Group at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CBRE. ORG Partners LLC grew its position in shares of CBRE Group by 264.4% during the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after buying an additional 119 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group during the third quarter worth approximately $32,000. Bank of Jackson Hole Trust acquired a new stake in shares of CBRE Group during the third quarter worth approximately $38,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group during the fourth quarter worth approximately $42,000. Finally, Caitlin John LLC acquired a new stake in shares of CBRE Group during the third quarter worth approximately $45,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Down 0.5%

NYSE:CBRE opened at $142.02 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $140.94 and its two-hundred day moving average is $153.35. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27. The company has a market cap of $41.59 billion, a PE ratio of 32.35 and a beta of 1.28.

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

Analyst Ratings Changes

CBRE has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods raised their price target on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays increased their target price on CBRE Group from $174.00 to $175.00 and gave the stock an “overweight” rating in a report on Tuesday, April 14th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CBRE Group presently has an average rating of “Buy” and a consensus price target of $179.86.

Insider Buying and Selling

In other news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,810 shares of company stock worth $1,448,600 over the last quarter. Insiders own 0.46% of the company’s stock.

CBRE Group 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.