CBRE Group (NYSE:CBRE) CFO Sells 2,250 Shares

CBRE Group, Inc. (NYSE:CBRE) CFO Emma Giamartino sold 2,250 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the sale, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Up 0.6%

CBRE traded up $0.86 during trading on Friday, hitting $152.75. The company had a trading volume of 950,024 shares, compared to its average volume of 2,153,683. The company has a market capitalization of $44.23 billion, a PE ratio of 35.04 and a beta of 1.18. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The firm’s 50-day moving average price is $139.74 and its 200 day moving average price is $141.90.

CBRE Group (NYSE:CBRE) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter in the prior year, the company earned $1.19 EPS. The company’s revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, equities analysts expect that CBRE Group, Inc. will post 7.77 earnings per share for the current year.

Institutional Investors Weigh In On CBRE Group

A number of institutional investors and hedge funds have recently made changes to their positions in CBRE. Brighton Jones LLC grew its stake in shares of CBRE Group by 322.9% in the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after buying an additional 11,065 shares in the last quarter. Woodline Partners LP raised its position in CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after acquiring an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. raised its position in CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 179 shares in the last quarter. First Trust Advisors LP lifted its stake in CBRE Group by 41.3% in the second quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after acquiring an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC lifted its stake in CBRE Group by 54.6% in the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after acquiring an additional 1,728 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

Analyst Upgrades and Downgrades

CBRE has been the topic of a number of recent research reports. Evercore reissued an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a research report on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Barclays raised their price target on shares of CBRE Group from $178.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Finally, UBS Group boosted their price objective 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. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and an average price target of $180.57.

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.