Wealthfront Advisers LLC Boosts Stock Holdings in CBRE Group, Inc. $CBRE

Wealthfront Advisers LLC lifted its holdings in CBRE Group, Inc. (NYSE:CBRE) by 18.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,278 shares of the financial services provider’s stock after buying an additional 4,576 shares during the period. Wealthfront Advisers LLC’s holdings in CBRE Group were worth $4,708,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans boosted its stake in CBRE Group by 12.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock worth $99,575,000 after purchasing an additional 70,670 shares in the last quarter. Principal Financial Group Inc. lifted its position in CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after acquiring an additional 809,796 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in CBRE Group by 43.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock valued at $1,818,000 after acquiring an additional 3,438 shares in the last quarter. Donoghue Forlines LLC bought a new position in CBRE Group in the 3rd quarter valued at approximately $2,104,000. Finally, Cornerstone Investment Partners LLC lifted its position in CBRE Group by 13.7% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after acquiring an additional 47,460 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Price Performance

NYSE CBRE opened at $142.71 on Friday. The business’s fifty day moving average price is $140.94 and its 200-day moving average price is $153.34. The stock has a market capitalization of $41.79 billion, a price-to-earnings ratio of 32.51 and a beta of 1.34. 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 $118.81 and a 1-year high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts predict that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CBRE shares. 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 report on Friday, April 24th. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Barclays upped their target price on shares of CBRE Group from $174.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $179.86.

Insider Buying and Selling at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the transaction, the insider owned 42,519 shares in the company, valued at $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,810 shares of company stock worth $1,448,600 over the last three months. Insiders own 0.46% of the company’s stock.

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.