Hunter Associates Investment Management LLC Purchases 701 Shares of CBRE Group, Inc. $CBRE

Hunter Associates Investment Management LLC lifted its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 4.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,458 shares of the financial services provider’s stock after acquiring an additional 701 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in CBRE Group were worth $2,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CBRE. Brighton Jones LLC grew its stake in shares of CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after acquiring an additional 11,065 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of CBRE Group by 21.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,404 shares of the financial services provider’s stock worth $968,000 after acquiring an additional 1,310 shares during the period. Vontobel Holding Ltd. grew its stake in shares of CBRE Group by 6.2% during the 1st quarter. Vontobel Holding Ltd. now owns 4,467 shares of the financial services provider’s stock worth $584,000 after acquiring an additional 261 shares during the period. D.A. Davidson & CO. lifted its holdings in CBRE Group by 2.3% during the 1st quarter. D.A. Davidson & CO. now owns 21,266 shares of the financial services provider’s stock worth $2,781,000 after purchasing an additional 474 shares in the last quarter. Finally, IFM Investors Pty Ltd lifted its holdings in CBRE Group by 9.0% during the 1st quarter. IFM Investors Pty Ltd now owns 64,449 shares of the financial services provider’s stock worth $8,023,000 after purchasing an additional 5,321 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CBRE shares. Raymond James Financial increased their price objective on CBRE Group from $163.00 to $166.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. UBS Group increased their price objective on CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Weiss Ratings reissued a “buy (b-)” rating on shares of CBRE Group in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods increased their price objective on CBRE Group from $167.00 to $168.00 and gave the stock a “market perform” rating in a report on Thursday, October 9th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $171.89.

CBRE Group Stock Performance

NYSE:CBRE opened at $152.59 on Monday. The business’s 50-day moving average price is $159.46 and its two-hundred day moving average price is $144.83. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $171.00. The stock has a market cap of $45.41 billion, a P/E ratio of 37.68 and a beta of 1.36. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.49.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, October 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.15. CBRE Group had a return on equity of 20.55% and a net margin of 3.12%.The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.11 billion. During the same quarter last year, the firm posted $1.20 EPS. The company’s revenue was up 13.5% compared to the same quarter last year. CBRE Group has set its FY 2025 guidance at 6.250-6.350 EPS. As a group, equities analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Insider Activity

In related news, CEO Vikramaditya Kohli sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $154.90, for a total transaction of $154,900.00. Following the transaction, the chief executive officer directly owned 111,473 shares of the company’s stock, valued at approximately $17,267,167.70. This trade represents a 0.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Emma E. Giamartino sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $157.60, for a total value of $315,200.00. Following the transaction, the chief financial officer directly owned 103,371 shares in the company, valued at approximately $16,291,269.60. This represents a 1.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.42% of the company’s stock.

CBRE Group Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.