CBRE Group (NYSE:CBRE) CFO Emma Giamartino Sells 2,250 Shares

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Performance

CBRE stock opened at $130.64 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $38.25 billion, a P/E ratio of 29.76 and a beta of 1.28. The firm has a 50 day simple moving average of $139.98 and a 200 day simple moving average of $151.95. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.13 by $0.48. The business 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 firm’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CBRE Group

A number of institutional investors have recently bought and sold shares of CBRE. Swiss RE Ltd. acquired a new stake in CBRE Group during the fourth quarter worth $25,000. Navalign LLC acquired a new stake in CBRE Group during the fourth quarter worth $29,000. Ascentis Independent Advisors acquired a new stake in CBRE Group during the first quarter worth $30,000. Ameriflex Group Inc. acquired a new stake in CBRE Group during the third quarter worth $32,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in CBRE Group during the first quarter worth $33,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CBRE. Barclays raised their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Keefe, Bruyette & Woods raised their price objective 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. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Nine analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $180.29.

Check Out Our Latest Report on CBRE Group

About CBRE Group

(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.

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