CBRE Group (NYSE:CBRE) Insider Sells $33,810.12 in Stock

CBRE Group, Inc. (NYSE:CBRE) insider Chad Doellinger sold 228 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $33,810.12. Following the completion of the transaction, the insider directly owned 41,778 shares of the company’s stock, valued at approximately $6,195,259.62. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Down 0.1%

CBRE opened at $152.75 on Monday. The stock has a market capitalization of $44.23 billion, a price-to-earnings ratio of 35.04 and a beta of 1.18. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a 50-day simple moving average of $140.17 and a 200 day simple moving average of $141.78.

CBRE Group (NYSE:CBRE) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period last year, the firm earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Analysts predict that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Flputnam Investment Management Co. grew its position in shares of CBRE Group by 39.5% during the 4th quarter. Flputnam Investment Management Co. now owns 137,524 shares of the financial services provider’s stock worth $22,112,000 after buying an additional 38,944 shares during the period. QRG Capital Management Inc. boosted its stake in CBRE Group by 5.7% during the first quarter. QRG Capital Management Inc. now owns 135,635 shares of the financial services provider’s stock worth $18,373,000 after acquiring an additional 7,349 shares in the last quarter. Abacus Wealth Partners LLC acquired a new stake in CBRE Group in the fourth quarter worth $2,147,000. Northwestern Mutual Wealth Management Co. increased its stake in 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 valued at $163,581,000 after purchasing an additional 997,848 shares in the last quarter. Finally, Norges Bank bought a new stake in CBRE Group in the fourth quarter valued at $643,405,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CBRE shares. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. UBS Group upped their target price on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Evercore reiterated an “outperform” rating and issued a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Finally, Keefe, Bruyette & Woods boosted their price target on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.57.

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.