Fox Run Management L.L.C. Increases Stock Holdings in CBRE Group, Inc. $CBRE

Fox Run Management L.L.C. increased its holdings in CBRE Group, Inc. (NYSE:CBREFree Report) by 96.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,924 shares of the financial services provider’s stock after acquiring an additional 6,846 shares during the quarter. CBRE Group comprises approximately 0.3% of Fox Run Management L.L.C.’s portfolio, making the stock its 21st biggest position. Fox Run Management L.L.C.’s holdings in CBRE Group were worth $2,239,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Navalign LLC purchased a new position in CBRE Group during the fourth quarter valued at $29,000. Ameriflex Group Inc. purchased a new position in CBRE Group during the third quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in CBRE Group during the fourth quarter valued at $42,000. SBI Securities Co. Ltd. lifted its position in CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after buying an additional 73 shares during the period. Finally, Caitlin John LLC purchased a new position in CBRE Group during the third quarter valued at $45,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,944 shares of company stock valued at $387,153 over the last 90 days. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Evercore reissued an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Keefe, Bruyette & Woods raised their price objective on 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 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. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Barclays raised their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, CBRE Group currently has an average rating of “Moderate Buy” and an average price target of $180.29.

Check Out Our Latest Report on CBRE

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $131.64 on Tuesday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The business has a fifty day moving average price of $138.42 and a 200-day moving average price of $149.51. The company has a market capitalization of $38.55 billion, a PE ratio of 29.99 and a beta of 1.21.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share 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 firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the company earned $0.86 earnings per share. The company’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, equities analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

CBRE Group Company Profile

(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.

See Also

Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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