Yousif Capital Management LLC Sells 4,026 Shares of CBRE Group, Inc. $CBRE

Yousif Capital Management LLC lessened its holdings in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 34,858 shares of the financial services provider’s stock after selling 4,026 shares during the quarter. Yousif Capital Management LLC’s holdings in CBRE Group were worth $5,764,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in shares of CBRE Group by 12.6% in the third quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock valued at $99,575,000 after purchasing an additional 70,670 shares during the period. Principal Financial Group Inc. raised its position in shares of 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 purchasing an additional 809,796 shares during the period. Smartleaf Asset Management LLC raised its position in shares of CBRE Group by 43.0% in the third quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock valued at $1,818,000 after purchasing an additional 3,438 shares during the period. Donoghue Forlines LLC bought a new position in shares of CBRE Group in the third quarter valued at approximately $2,104,000. Finally, Cornerstone Investment Partners LLC raised its position in shares of CBRE Group by 13.7% in the third quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after purchasing an additional 47,460 shares during the period. Institutional investors own 98.41% of the company’s stock.

Insiders Place Their Bets

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the sale, the insider owned 42,519 shares in the company, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction on 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 sale, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. This represents a 6.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,810 shares of company stock worth $1,448,600 in the last quarter. Corporate insiders own 0.42% of the company’s stock.

CBRE Group Trading Up 0.2%

Shares of CBRE stock opened at $142.73 on Friday. CBRE Group, Inc. has a 1 year low of $112.54 and a 1 year high of $174.27. The firm’s fifty day simple moving average is $143.83 and its 200 day simple moving average is $154.24. The firm has a market capitalization of $41.84 billion, a P/E ratio of 36.98 and a beta of 1.34. 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 (NYSE:CBREGet Free Report) last announced its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $11.67 billion. During the same quarter in the previous year, the firm posted $2.32 earnings per share. CBRE Group’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. As a group, sell-side analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on CBRE. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Raymond James Financial set a $180.00 price target 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 target for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Barclays dropped their price target on shares of CBRE Group from $192.00 to $174.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $179.86.

Check Out Our Latest Report on CBRE Group

About CBRE Group

(Free Report)

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.

Read More

Want to see what other hedge funds are holding CBRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBRE Group, Inc. (NYSE:CBREFree Report).

Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.