Insider Selling: CBRE Group (NYSE:CBRE) CFO Sells 2,250 Shares of Stock

CBRE Group, Inc. (NYSE:CBRE) CFO Emma Giamartino sold 2,250 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Up 0.5%

Shares of NYSE CBRE traded up $0.69 during mid-day trading on Monday, reaching $130.64. 2,718,167 shares of the company traded hands, compared to its average volume of 2,182,262. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $38.25 billion, a PE ratio of 29.76 and a beta of 1.28. The company’s fifty day moving average is $139.98 and its two-hundred day moving average is $151.95. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The business had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Institutional Trading of CBRE Group

Hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans lifted its position in shares of 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 acquiring an additional 70,670 shares during the period. Principal Financial Group Inc. lifted its position in shares of 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 worth $1,491,855,000 after acquiring an additional 809,796 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of 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 worth $1,818,000 after acquiring an additional 3,438 shares during the period. Donoghue Forlines LLC bought a new stake in shares of CBRE Group in the 3rd quarter worth approximately $2,104,000. Finally, Cornerstone Investment Partners LLC lifted its position in shares of 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 worth $61,883,000 after acquiring an additional 47,460 shares during the period. Institutional investors own 98.41% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on CBRE shares. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. Barclays increased their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Finally, Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $180.29.

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.