Lombard Odier Asset Management Switzerland SA Acquires 17,638 Shares of CBRE Group, Inc. $CBRE

Lombard Odier Asset Management Switzerland SA boosted its holdings in CBRE Group, Inc. (NYSE:CBRE) by 83.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 38,649 shares of the financial services provider’s stock after purchasing an additional 17,638 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in CBRE Group were worth $6,214,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Legal & General Group Plc grew its position in CBRE Group by 2.6% in the third quarter. Legal & General Group Plc now owns 2,121,144 shares of the financial services provider’s stock valued at $334,207,000 after acquiring an additional 52,985 shares during the period. AIA Group Ltd bought a new stake in CBRE Group in the third quarter valued at $1,734,000. Alberta Investment Management Corp bought a new stake in CBRE Group in the third quarter valued at $5,026,000. King Luther Capital Management Corp grew its position in CBRE Group by 554.2% in the third quarter. King Luther Capital Management Corp now owns 23,602 shares of the financial services provider’s stock valued at $3,719,000 after acquiring an additional 19,994 shares during the period. Finally, NEOS Investment Management LLC grew its position in CBRE Group by 66.0% in the third quarter. NEOS Investment Management LLC now owns 65,343 shares of the financial services provider’s stock valued at $10,295,000 after acquiring an additional 25,983 shares during the period. Institutional investors own 98.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CBRE shares. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Barclays upped their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a research note on Friday, April 24th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.29.

Insider Activity at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by company insiders.

CBRE Group Price Performance

Shares of CBRE stock opened at $135.53 on Wednesday. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The stock’s fifty day moving average is $138.36 and its 200-day moving average is $148.55. The stock has a market capitalization of $39.69 billion, a PE ratio of 30.87 and a beta of 1.21.

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, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the firm earned $0.86 earnings per share. CBRE Group’s revenue 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. Equities research analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

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.