Nykredit A S Makes New $14.31 Million Investment in CBRE Group, Inc. $CBRE

Nykredit A S acquired a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 106,283 shares of the financial services provider’s stock, valued at approximately $14,315,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Swiss RE Ltd. purchased a new position in CBRE Group in the fourth quarter worth about $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the fourth quarter worth $29,000. Ascentis Independent Advisors purchased a new stake in shares of CBRE Group during the 1st quarter valued at about $30,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of CBRE Group in the first quarter worth approximately $33,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after buying an additional 259 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

NYSE CBRE opened at $147.71 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The business has a 50-day moving average price of $144.87 and a 200-day moving average price of $140.44. The firm has a market cap of $42.77 billion, a price-to-earnings ratio of 33.88 and a beta of 1.19.

CBRE Group (NYSE:CBRE) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter last year, the company earned $1.19 EPS. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, equities research analysts predict that CBRE Group, Inc. will post 7.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on CBRE shares. Keefe, Bruyette & Woods upped 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. Weiss Ratings restated a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Barclays lifted their target price on CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. UBS Group boosted their price target on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Evercore restated an “outperform” rating and issued a $175.00 price target on shares of CBRE Group in a research report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $180.33.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad Doellinger sold 228 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the transaction, the insider owned 41,778 shares of the company’s stock, valued at approximately $6,195,259.62. This represents a 0.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock worth $767,363 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.