CBRE Group (NYSE:CBRE) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of CBRE Group (NYSE:CBRE) from a buy rating to a hold rating in a research report released on Sunday morning.

Other equities analysts have also issued reports about the stock. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group boosted their target price on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Barclays lifted their price target on CBRE Group from $178.00 to $180.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Keefe, Bruyette & Woods boosted their price target on CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group currently has an average rating of “Moderate Buy” and an average price target of $180.57.

CBRE Group Trading Up 1.8%

Shares of NYSE:CBRE opened at $151.08 on Friday. The business’s 50-day moving average is $136.81 and its 200 day moving average is $142.97. CBRE Group has a 1 year low of $121.69 and a 1 year high of $174.27. The firm has a market capitalization of $43.75 billion, a P/E ratio of 34.65 and a beta of 1.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The company had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm’s revenue was up 15.1% compared to the same quarter last year. During the same period last year, the business posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, research analysts predict that CBRE Group will post 7.77 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the transaction, the chief executive officer directly owned 134,869 shares in the company, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal 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, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by company insiders.

Hedge Funds Weigh In On CBRE Group

Large investors have recently made changes to their positions in the company. QRG Capital Management Inc. boosted its position in CBRE Group by 5.7% during the first quarter. QRG Capital Management Inc. now owns 135,635 shares of the financial services provider’s stock worth $18,373,000 after purchasing an additional 7,349 shares in the last quarter. Flputnam Investment Management Co. increased its position in shares of CBRE Group by 39.5% in the fourth quarter. Flputnam Investment Management Co. now owns 137,524 shares of the financial services provider’s stock valued at $22,112,000 after buying an additional 38,944 shares in the last quarter. Abacus Wealth Partners LLC purchased a new stake in shares of CBRE Group in the fourth quarter valued at approximately $2,147,000. Norges Bank acquired a new position in shares of CBRE Group during the 4th quarter worth approximately $643,405,000. Finally, Knights of Columbus Asset Advisors LLC raised its stake in shares of CBRE Group by 82.4% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 25,265 shares of the financial services provider’s stock worth $4,062,000 after buying an additional 11,413 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

About CBRE Group

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.