Quantitative Investment Management LLC Purchases 9,261 Shares of CBRE Group, Inc. $CBRE

Quantitative Investment Management LLC increased its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 65.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,305 shares of the financial services provider’s stock after buying an additional 9,261 shares during the quarter. Quantitative Investment Management LLC’s holdings in CBRE Group were worth $3,138,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CBRE. Norges Bank bought a new stake in shares of CBRE Group during the fourth quarter valued at approximately $643,405,000. Swedbank AB lifted its stake in shares of CBRE Group by 119.6% in the first quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock valued at $348,306,000 after buying an additional 1,400,452 shares in the last quarter. Viking Global Investors LP acquired a new position in shares of CBRE Group during the third quarter valued at about $190,648,000. Northwestern Mutual Wealth Management Co. increased its position in shares of CBRE Group by 5,115.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after acquiring an additional 997,848 shares in the last quarter. Finally, XN LP acquired a new stake in shares of CBRE Group in the 4th quarter worth about $147,134,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Up 0.2%

Shares of CBRE stock opened at $151.12 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. The firm has a market cap of $43.76 billion, a P/E ratio of 34.66 and a beta of 1.18. The company has a 50 day moving average of $143.69 and a 200-day moving average of $140.51. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27.

CBRE Group (NYSE:CBRE) last posted 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 business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter in the prior year, the business earned $1.19 earnings per share. CBRE Group’s revenue for the quarter was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Sell-side analysts anticipate that CBRE Group, Inc. will post 7.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

CBRE has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted their price objective on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Barclays upped their price objective on CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Finally, UBS Group boosted their price target on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group has a consensus rating of “Moderate Buy” and an average price target of $180.33.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. This represents a 2.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their position. 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 worth $767,363 over the last ninety days. 0.46% of the stock is currently owned by company insiders.

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.