CBRE Group, Inc. $CBRE Holdings Lifted by Pzena Investment Management LLC

Pzena Investment Management LLC boosted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 2.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 301,871 shares of the financial services provider’s stock after buying an additional 5,831 shares during the period. Pzena Investment Management LLC’s holdings in CBRE Group were worth $40,891,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc boosted its position in CBRE Group by 2.6% during 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 purchasing an additional 52,985 shares during the last quarter. AIA Group Ltd acquired a new position in CBRE Group in the 3rd quarter worth about $1,734,000. Fisher Asset Management LLC raised its stake in shares of CBRE Group by 96.1% during the 3rd quarter. Fisher Asset Management LLC now owns 43,533 shares of the financial services provider’s stock worth $6,859,000 after purchasing an additional 21,328 shares in the last quarter. Abacus Wealth Partners LLC purchased a new stake in shares of CBRE Group during the 4th quarter worth about $2,147,000. Finally, Flputnam Investment Management Co. lifted its holdings in shares of CBRE Group by 39.5% during the 4th quarter. Flputnam Investment Management Co. now owns 137,524 shares of the financial services provider’s stock valued at $22,112,000 after buying an additional 38,944 shares during the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Keefe, Bruyette & Woods boosted their price target on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Evercore set a $169.00 target price on shares of CBRE Group in a research note on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. UBS Group restated a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Finally, Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, CBRE Group currently has a consensus rating of “Moderate Buy” and an average target price of $178.86.

CBRE Group Trading Up 2.7%

Shares of CBRE Group stock opened at $138.35 on Thursday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The company’s fifty day simple moving average is $135.95 and its 200-day simple moving average is $146.55. The company has a market cap of $40.51 billion, a price-to-earnings ratio of 31.51 and a beta of 1.20.

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