SG Americas Securities LLC raised its stake in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 571.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 641,686 shares of the financial services provider’s stock after purchasing an additional 546,160 shares during the period. SG Americas Securities LLC owned 0.22% of CBRE Group worth $86,923,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Swiss RE Ltd. acquired a new position in CBRE Group during the 4th quarter worth $25,000. Navalign LLC acquired a new stake in shares of CBRE Group in the fourth quarter valued at about $29,000. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group in the third quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CBRE Group in the fourth quarter worth about $42,000. Finally, MV Capital Management Inc. bought a new position in shares of CBRE Group in the fourth quarter worth about $42,000. 98.41% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. Barclays increased their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. UBS Group restated a “buy” rating on shares of CBRE Group in a research note on Wednesday. Finally, Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, CBRE Group has an average rating of “Moderate Buy” and an average target price of $180.29.
Insider Buying and Selling
In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.
CBRE Group Trading Down 0.1%
CBRE Group stock opened at $131.36 on Monday. The business has a 50 day moving average price of $137.90 and a two-hundred day moving average price of $147.91. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27. The stock has a market cap of $38.47 billion, a price-to-earnings ratio of 29.92 and a beta of 1.22.
CBRE Group (NYSE:CBRE – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. The company 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%.CBRE Group’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts forecast that CBRE Group, Inc. will post 7.65 EPS for the current 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.
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