Handelsbanken Fonder AB Raises Stock Holdings in CBRE Group, Inc. $CBRE

Handelsbanken Fonder AB boosted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 106.5% during the second quarter, Holdings Channel reports. The firm owned 131,177 shares of the financial services provider’s stock after purchasing an additional 67,640 shares during the quarter. Handelsbanken Fonder AB’s holdings in CBRE Group were worth $17,668,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of CBRE Group in the fourth quarter worth approximately $643,405,000. Swedbank AB increased its stake in CBRE Group by 119.6% in the 1st quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock worth $348,306,000 after buying an additional 1,400,452 shares in the last quarter. Viking Global Investors LP purchased a new position in CBRE Group in the 3rd quarter worth approximately $190,648,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of CBRE Group by 5,115.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after buying an additional 997,848 shares in the last quarter. Finally, XN LP bought a new position in shares of CBRE Group during the 4th quarter valued at about $147,134,000. 98.41% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CBRE Group

In other 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 value 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the transaction, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

NYSE CBRE opened at $147.47 on Thursday. The stock’s fifty day moving average price is $139.32 and its 200 day moving average price is $142.03. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $42.70 billion, a price-to-earnings ratio of 33.82 and a beta of 1.18. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27.

CBRE Group (NYSE:CBRE) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, equities research analysts forecast that CBRE Group, Inc. will post 7.77 earnings per share for the current year.

Analysts Set New Price Targets

CBRE has been the subject of a number of recent research reports. Keefe, Bruyette & Woods raised their target price on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Barclays raised their price target on CBRE Group from $178.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. UBS Group increased their price target on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. 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 assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group has an average rating of “Moderate Buy” and an average target price of $180.57.

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.