CBRE Group (NYSE:CBRE) Insider Sells $15,017.45 in Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) insider Chad Doellinger sold 107 shares of CBRE Group stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $140.35, for a total transaction of $15,017.45. Following the completion of the sale, the insider owned 42,006 shares of the company’s stock, valued at $5,895,542.10. This trade represents a 0.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Price Performance

Shares of CBRE Group stock opened at $147.02 on Friday. The company has a 50-day simple moving average of $140.88 and a two-hundred day simple moving average of $153.10. The stock has a market capitalization of $43.05 billion, a price-to-earnings ratio of 33.49 and a beta of 1.28. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a twelve month low of $118.81 and a twelve month high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. The company had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Analysts forecast that CBRE Group, Inc. will post 7.72 EPS for the current year.

Institutional Investors Weigh In On CBRE Group

A number of institutional investors have recently added to or reduced their stakes in CBRE. Brighton Jones LLC grew its holdings in CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after acquiring an additional 11,065 shares during the last quarter. Woodline Partners LP grew its holdings in CBRE Group by 38.2% during the 1st 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 during the last quarter. Geneos Wealth Management Inc. grew its holdings in CBRE Group by 67.0% during the 1st 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 during the last quarter. First Trust Advisors LP grew its holdings in CBRE Group by 41.3% during the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock worth $3,474,000 after acquiring an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC grew its holdings in CBRE Group by 54.6% during the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after acquiring an additional 1,728 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CBRE shares. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $180.29.

View Our Latest Stock Report on CBRE Group

CBRE Group Company Profile

(Get 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.

Recommended Stories

Insider Buying and Selling 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.