Oregon Public Employees Retirement Fund Purchases 8,140 Shares of CBRE Group, Inc. $CBRE

Oregon Public Employees Retirement Fund increased its position in CBRE Group, Inc. (NYSE:CBRE) by 32.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,447 shares of the financial services provider’s stock after buying an additional 8,140 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in CBRE Group were worth $5,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of CBRE. Twin Peaks Wealth Advisors LLC bought a new stake in shares of CBRE Group in the 2nd quarter worth approximately $30,000. Evelyn Partners Asset Management Ltd purchased a new position in CBRE Group in the 2nd quarter worth $32,000. NewSquare Capital LLC raised its position in CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 68 shares during the period. Salomon & Ludwin LLC lifted its stake in CBRE Group by 67.5% in the third quarter. Salomon & Ludwin LLC now owns 350 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 141 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after buying an additional 179 shares during the period. 98.41% of the stock is currently owned by institutional investors.

CBRE Group Price Performance

Shares of CBRE stock opened at $165.39 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.13 and a current ratio of 1.13. CBRE Group, Inc. has a fifty-two week low of $108.45 and a fifty-two week high of $171.00. The firm has a market cap of $49.22 billion, a P/E ratio of 40.84 and a beta of 1.34. The business’s 50 day moving average price is $158.86 and its 200-day moving average price is $155.93.

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

Analyst Ratings Changes

CBRE has been the subject of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of CBRE Group in a report on Wednesday, October 8th. Morgan Stanley boosted their price objective on CBRE Group from $170.00 to $180.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. Barclays started coverage on shares of CBRE Group in a report on Tuesday, December 2nd. They issued an “overweight” rating and a $190.00 target price on the stock. UBS Group lifted their target price on shares of CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Finally, Keefe, Bruyette & Woods upped their price target on shares of CBRE Group from $185.00 to $192.00 and gave the company an “outperform” rating in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.86.

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.