Proficio Capital Partners LLC Takes Position in CBRE Group, Inc. $CBRE

Proficio Capital Partners LLC bought a new stake in CBRE Group, Inc. (NYSE:CBRE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,101 shares of the financial services provider’s stock, valued at approximately $552,000.

Several other large investors have also made changes to their positions in CBRE. Brighton Jones LLC raised its position 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 valued at $1,903,000 after acquiring an additional 11,065 shares during the last quarter. Woodline Partners LP grew its position in shares of CBRE Group by 38.2% during the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after buying an additional 6,908 shares during the period. Geneos Wealth Management Inc. increased its stake in CBRE Group by 67.0% in the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after purchasing an additional 179 shares in the last quarter. First Trust Advisors LP increased its position in shares of CBRE Group by 41.3% in the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after buying an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC increased its holdings in shares of CBRE Group by 54.6% in the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after acquiring an additional 1,728 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CBRE shares. Weiss Ratings reissued a “hold (c+)” rating on shares of CBRE Group in a research report on Friday, August 21st. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Keefe, Bruyette & Woods increased their target price on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. UBS Group lifted their price target on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Barclays boosted their price target on CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $180.33.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at approximately $16,086,350.91. This represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 228 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $33,810.12. Following the completion of the transaction, the insider directly owned 41,778 shares in the company, valued at approximately $6,195,259.62. This represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock valued at $767,363 over the last 90 days. 0.46% of the stock is currently owned by insiders.

CBRE Group Stock Performance

Shares of NYSE CBRE opened at $142.06 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a 50 day moving average price of $144.38 and a 200 day moving average price of $140.35. The stock has a market capitalization of $41.14 billion, a PE ratio of 32.58 and a beta of 1.19. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter in the prior year, the firm posted $1.19 EPS. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Analysts predict that CBRE Group, Inc. will post 7.79 earnings per share for the current fiscal 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.