Groupama Asset Managment Buys 11,026 Shares of CBRE Group, Inc. $CBRE

Groupama Asset Managment increased its stake in CBRE Group, Inc. (NYSE:CBRE) by 306.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,627 shares of the financial services provider’s stock after buying an additional 11,026 shares during the quarter. Groupama Asset Managment’s holdings in CBRE Group were worth $2,305,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CBRE. State Street Corp raised its position in CBRE Group by 0.8% during the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after acquiring an additional 105,586 shares in the last quarter. Principal Financial Group Inc. lifted its stake in CBRE Group by 9.4% in the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after acquiring an additional 809,796 shares during the last quarter. Invesco Ltd. grew its position in shares of CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after acquiring an additional 862,656 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of CBRE Group by 13.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock worth $704,610,000 after purchasing an additional 532,151 shares during the last quarter. Finally, Artisan Partners Limited Partnership increased its stake in shares of CBRE Group by 8.8% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock worth $633,705,000 after purchasing an additional 323,998 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

CBRE has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Keefe, Bruyette & Woods lowered their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Barclays dropped their price objective on CBRE Group from $192.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Finally, UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $179.86.

Insider Buying and Selling

In other news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 9,810 shares of company stock worth $1,448,600. 0.42% of the stock is owned by corporate insiders.

CBRE Group Stock Performance

Shares of CBRE stock opened at $132.99 on Friday. CBRE Group, Inc. has a 52 week low of $108.45 and a 52 week high of $174.27. The company has a market capitalization of $39.25 billion, a price-to-earnings ratio of 34.45 and a beta of 1.33. The company has a 50-day simple moving average of $153.71 and a 200 day simple moving average of $157.09. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, sell-side analysts predict that CBRE Group, Inc. will post 5.99 earnings per share for the current year.

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.