O Shaughnessy Asset Management LLC Grows Stock Position in CBRE Group, Inc. $CBRE

O Shaughnessy Asset Management LLC boosted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,223 shares of the financial services provider’s stock after purchasing an additional 5,314 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in CBRE Group were worth $21,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp increased its stake in shares of CBRE Group by 0.8% during the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after buying an additional 105,586 shares during the period. Principal Financial Group Inc. lifted its stake in CBRE Group by 1.1% in the fourth quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock worth $1,538,443,000 after acquiring an additional 99,532 shares during the last quarter. Geode Capital Management LLC grew its holdings in CBRE Group by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock worth $1,369,409,000 after acquiring an additional 151,027 shares in the last quarter. Invesco Ltd. increased its position in shares of CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after purchasing an additional 862,656 shares during the last quarter. Finally, Artisan Partners Limited Partnership increased its position in shares of CBRE Group by 8.8% in the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock valued at $633,705,000 after purchasing an additional 323,998 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

CBRE has been the subject of several recent analyst reports. Barclays lifted their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods increased their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, CBRE Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The sale 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 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 completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,944 shares of company stock valued at $387,153. Insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $131.64 on Tuesday. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27. The firm has a market capitalization of $38.55 billion, a P/E ratio of 29.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company’s fifty day moving average price is $138.42 and its 200 day moving average price is $149.51.

CBRE Group (NYSE:CBRE) last issued 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. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the company posted $0.86 earnings per share. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, sell-side analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

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.