MUFG Securities EMEA plc Buys 68,619 Shares of CBRE Group, Inc. $CBRE

MUFG Securities EMEA plc lifted its stake in CBRE Group, Inc. (NYSE:CBRE) by 1,223.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,229 shares of the financial services provider’s stock after acquiring an additional 68,619 shares during the period. MUFG Securities EMEA plc’s holdings in CBRE Group were worth $11,935,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CBRE. Norges Bank bought a new position in shares of CBRE Group in the fourth quarter worth $643,405,000. Viking Global Investors LP bought a new position in shares of CBRE Group in the third quarter worth $190,648,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of CBRE Group by 5,115.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after acquiring an additional 997,848 shares during the period. Invesco Ltd. boosted its holdings in shares of CBRE Group by 16.1% in the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after acquiring an additional 862,656 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings 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 worth $1,491,855,000 after acquiring an additional 809,796 shares during the period. 98.41% of the stock is owned by institutional investors.

Insider Activity

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group 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 completion of the sale, the chief financial officer owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred 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 transaction, 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,944 shares of company stock valued at $387,153. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Barclays raised their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.29.

CBRE Group Price Performance

NYSE:CBRE opened at $125.03 on Monday. The firm has a market capitalization of $36.61 billion, a price-to-earnings ratio of 28.48 and a beta of 1.22. CBRE Group, Inc. has a 52-week low of $121.83 and a 52-week high of $174.27. The stock has a fifty day moving average of $139.03 and a 200 day moving average of $150.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data 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 return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s quarterly revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, research analysts expect 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.