CBRE Group, Inc. $CBRE Shares Sold by London Co. of Virginia

London Co. of Virginia lessened its stake in CBRE Group, Inc. (NYSE:CBRE) by 4.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,169,742 shares of the financial services provider’s stock after selling 57,202 shares during the quarter. London Co. of Virginia’s holdings in CBRE Group were worth $184,305,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Laird Norton Wetherby Wealth Management LLC increased its stake in shares of CBRE Group by 1.4% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 30,724 shares of the financial services provider’s stock worth $4,841,000 after buying an additional 415 shares during the period. Larson Financial Group LLC raised its holdings in CBRE Group by 11.0% in the third quarter. Larson Financial Group LLC now owns 778 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 77 shares in the last quarter. Lido Advisors LLC lifted its stake in CBRE Group by 9.2% in the third quarter. Lido Advisors LLC now owns 16,558 shares of the financial services provider’s stock worth $2,609,000 after acquiring an additional 1,398 shares during the last quarter. Lighthouse Investment Partners LLC lifted its stake in CBRE Group by 51.7% in the third quarter. Lighthouse Investment Partners LLC now owns 93,746 shares of the financial services provider’s stock worth $14,771,000 after acquiring an additional 31,946 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in CBRE Group by 62.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,989 shares of the financial services provider’s stock worth $471,000 after acquiring an additional 1,152 shares in the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CBRE has been the topic of a number of recent analyst reports. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Keefe, Bruyette & Woods decreased their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $179.86.

CBRE Group Stock Up 1.0%

CBRE stock opened at $135.08 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27. The company’s 50 day moving average is $155.63 and its two-hundred day moving average is $157.60. The stock has a market cap of $39.87 billion, a P/E ratio of 35.00 and a beta of 1.33.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. During the same quarter in the previous year, the firm earned $2.32 EPS. The company’s revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Research analysts expect that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider owned 42,519 shares in the company, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,810 shares of company stock worth $1,448,600 over the last quarter. 0.42% of the stock is owned by company insiders.

CBRE Group 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.