National Pension Service Boosts Stock Position in CBRE Group, Inc. $CBRE

National Pension Service raised its holdings in CBRE Group, Inc. (NYSE:CBRE) by 5.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 607,893 shares of the financial services provider’s stock after buying an additional 33,882 shares during the period. National Pension Service owned about 0.21% of CBRE Group worth $81,877,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Fidelis Capital Partners LLC increased its holdings in shares of CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock valued at $709,000 after acquiring an additional 59 shares during the last quarter. Community Bank & Trust Waco Texas lifted its stake in CBRE Group by 0.5% during the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after purchasing an additional 70 shares during the last quarter. Centersquare Investment Management LLC lifted its stake in CBRE Group by 0.7% during the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after purchasing an additional 70 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in CBRE Group by 16.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock valued at $81,000 after purchasing an additional 71 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in CBRE Group by 1.7% in the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock valued at $688,000 after purchasing an additional 71 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

CBRE Group Trading Up 2.0%

CBRE opened at $140.73 on Friday. 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 52 week low of $121.69 and a 52 week high of $174.27. The business’s 50 day moving average is $145.20 and its two-hundred day moving average is $140.28. The firm has a market cap of $40.75 billion, a price-to-earnings ratio of 32.28 and a beta of 1.19.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.09. The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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, Inc. will post 7.79 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CBRE. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Barclays boosted their price objective on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Finally, Keefe, Bruyette & Woods boosted their price target on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $180.33.

Insider Activity at CBRE Group

In related news, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the sale, the chief executive officer owned 134,869 shares in the company, valued at $20,230,350. This represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad Doellinger sold 228 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 $33,810.12. Following the transaction, the insider directly owned 41,778 shares in the company, valued at $6,195,259.62. The trade was a 0.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,144 shares of company stock worth $767,363 in the last 90 days. 0.46% of the stock is owned by insiders.

CBRE Group Profile

CBRE Group, Inc is a global commercial real estate services and investment company headquartered in Dallas, Texas. Through its businesses, CBRE provides services to occupiers, owners, investors and developers of office, industrial, retail, multifamily, hotel and other property types.

The company’s principal activities include property leasing and sales, tenant and landlord representation, property management, facilities management, valuation and advisory services, capital markets, mortgage servicing, project management and real estate development.