Forsta AP Fonden Purchases 65,500 Shares of CBRE Group, Inc. $CBRE

Forsta AP Fonden lifted its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 102.8% during the fourth quarter, HoldingsChannel reports. The firm owned 129,200 shares of the financial services provider’s stock after buying an additional 65,500 shares during the quarter. Forsta AP Fonden’s holdings in CBRE Group were worth $20,774,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CBRE. Brighton Jones LLC raised its holdings in shares of CBRE Group by 322.9% during the fourth 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 period. Woodline Partners LP raised its holdings in shares of CBRE Group by 38.2% during the first 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 period. Geneos Wealth Management Inc. raised its holdings in shares of CBRE Group by 67.0% during the first 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 period. First Trust Advisors LP raised its holdings in shares of CBRE Group by 41.3% during the second 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 period. Finally, Walleye Capital LLC raised its holdings in shares of CBRE Group by 54.6% during the second 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 period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CBRE shares. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Evercore restated an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. Keefe, Bruyette & Woods raised their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Buying and Selling at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the transaction, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,944 shares of company stock worth $387,153 over the last quarter. Company insiders own 0.46% of the company’s stock.

CBRE Group Stock Down 1.1%

Shares of CBRE stock opened at $125.03 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 1 year low of $121.83 and a 1 year high of $174.27. The firm’s fifty day moving average price is $139.03 and its two-hundred day moving average price is $150.54. The firm has a market capitalization of $36.61 billion, a P/E ratio of 28.48 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business earned $0.86 EPS. The company’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts predict that CBRE Group, Inc. will post 7.63 EPS for the current fiscal year.

CBRE Group Company 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.