Havemeyer Place LP Invests $786,000 in CBRE Group, Inc. $CBRE

Havemeyer Place LP acquired a new position in CBRE Group, Inc. (NYSE:CBRE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,891 shares of the financial services provider’s stock, valued at approximately $786,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CBRE. Navalign LLC purchased a new stake in shares of CBRE Group in the fourth quarter worth $29,000. Ameriflex Group Inc. purchased a new stake in shares of CBRE Group in the third quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CBRE Group in the fourth quarter worth $42,000. SBI Securities Co. Ltd. increased its stake in shares of CBRE Group by 37.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares in the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of CBRE Group in the third quarter worth $45,000. 98.41% of the stock is owned by hedge funds and other institutional investors.

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 value of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction on 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 transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,944 shares of company stock valued at $387,153 over the last three months. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CBRE shares. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note 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 note on Thursday, February 12th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight equities research 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 company presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.29.

CBRE Group Stock Performance

CBRE opened at $131.64 on Tuesday. The stock has a market capitalization of $38.55 billion, a price-to-earnings ratio of 29.99 and a beta of 1.21. The company has a fifty day moving average of $138.42 and a 200 day moving average of $149.51. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. 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 issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the company posted $0.86 EPS. The business’s 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. As a group, sell-side analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share 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.