Louisbourg Investments Inc. Purchases 4,900 Shares of CBRE Group, Inc. $CBRE

Louisbourg Investments Inc. grew its position in CBRE Group, Inc. (NYSE:CBRE) by 23.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 26,241 shares of the financial services provider’s stock after purchasing an additional 4,900 shares during the period. Louisbourg Investments Inc.’s holdings in CBRE Group were worth $3,555,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Swiss RE Ltd. purchased a new stake in shares of CBRE Group during the fourth quarter valued at approximately $25,000. Navalign LLC bought a new stake in CBRE Group in the fourth quarter worth about $29,000. Ameriflex Group Inc. bought a new position in shares of CBRE Group during the 3rd quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CBRE Group during the 4th quarter worth approximately $42,000. Finally, MV Capital Management Inc. bought a new stake in shares of CBRE Group in the 4th quarter worth approximately $42,000. 98.41% of the stock is owned by institutional investors.

CBRE Group Trading Up 2.1%

Shares of CBRE stock opened at $137.38 on Friday. The business has a 50-day moving average of $136.80 and a 200 day moving average of $147.06. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The stock has a market capitalization of $40.23 billion, a PE ratio of 31.29 and a beta of 1.21.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The business’s revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, sell-side analysts anticipate that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Barclays boosted their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.29.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 corporate 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.