Nicholas Company Inc. Sells 6,110 Shares of CBRE Group, Inc. $CBRE

Nicholas Company Inc. trimmed its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 146,345 shares of the financial services provider’s stock after selling 6,110 shares during the quarter. Nicholas Company Inc.’s holdings in CBRE Group were worth $23,531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Valeo Financial Advisors LLC increased its stake in CBRE Group by 9.8% in the 4th quarter. Valeo Financial Advisors LLC now owns 2,609 shares of the financial services provider’s stock worth $420,000 after acquiring an additional 232 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in CBRE Group by 5.0% in the 4th quarter. Swiss Life Asset Management Ltd now owns 100,976 shares of the financial services provider’s stock worth $16,236,000 after acquiring an additional 4,841 shares during the last quarter. Advisor OS LLC increased its stake in CBRE Group by 9.9% in the 4th quarter. Advisor OS LLC now owns 3,023 shares of the financial services provider’s stock worth $486,000 after acquiring an additional 273 shares during the last quarter. NewEdge Wealth LLC increased its stake in CBRE Group by 59.1% in the 4th quarter. NewEdge Wealth LLC now owns 8,558 shares of the financial services provider’s stock worth $1,376,000 after acquiring an additional 3,178 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in CBRE Group by 2.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 62,666 shares of the financial services provider’s stock worth $10,076,000 after acquiring an additional 1,629 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

Insider Activity at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the sale, the chief financial officer owned 126,501 shares in the company, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 9,917 shares of company stock valued at $1,463,618. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CBRE. Keefe, Bruyette & Woods upped their target price on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. Barclays upped their price objective on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Finally, Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $180.29.

CBRE Group Trading Down 0.0%

Shares of CBRE stock opened at $146.32 on Monday. CBRE Group, Inc. has a 1-year low of $118.81 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 50-day moving average of $140.88 and a 200 day moving average of $153.10. The stock has a market capitalization of $42.84 billion, a PE ratio of 33.33 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping 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 business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the business posted $0.86 EPS. The business’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, sell-side analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

About CBRE Group

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.