Gateway Investment Advisers LLC Purchases New Position in CBRE Group, Inc. $CBRE

Gateway Investment Advisers LLC acquired a new position in shares of CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, Holdings Channel reports. The fund acquired 6,091 shares of the financial services provider’s stock, valued at approximately $979,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CBRE. ORG Partners LLC boosted its holdings in shares of CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 119 shares during the period. Ameriflex Group Inc. bought a new position in shares of CBRE Group during the 3rd quarter valued at approximately $32,000. Bank of Jackson Hole Trust purchased a new stake in CBRE Group during the 3rd quarter valued at $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CBRE Group in the fourth quarter worth $42,000. Finally, SBI Securities Co. Ltd. lifted its position in 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 buying an additional 73 shares during the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

CBRE Group Trading Down 0.3%

NYSE CBRE opened at $146.32 on Friday. The stock has a market cap of $42.84 billion, a PE ratio of 33.33 and a beta of 1.28. CBRE Group, Inc. has a 12 month low of $118.81 and a 12 month high of $174.27. The company’s 50-day moving average price is $140.88 and its 200-day moving average price is $153.10. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities research analysts forecast that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on CBRE. Evercore reiterated an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Barclays upped their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings raised shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, CBRE Group presently has a consensus rating of “Buy” and a consensus price target of $180.29.

Insider Activity at CBRE Group

In other CBRE Group 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,917 shares of company stock valued at $1,463,618 in the last ninety days. Insiders own 0.46% of the company’s stock.

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.