CBRE Group, Inc. $CBRE Holdings Lowered by Barclays PLC

Barclays PLC reduced its stake in CBRE Group, Inc. (NYSE:CBRE) by 9.2% in the third quarter, HoldingsChannel reports. The fund owned 741,388 shares of the financial services provider’s stock after selling 74,682 shares during the quarter. Barclays PLC’s holdings in CBRE Group were worth $116,813,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Fidelis Capital Partners LLC boosted its stake in CBRE Group by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock worth $601,000 after acquiring an additional 69 shares during the last quarter. Advisors Capital Management LLC increased its stake in CBRE Group by 4.0% in the second quarter. Advisors Capital Management LLC now owns 1,882 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 73 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in CBRE Group by 3.6% in the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock worth $306,000 after purchasing an additional 75 shares during the period. Quotient Wealth Partners LLC boosted its position in shares of CBRE Group by 5.4% during the third quarter. Quotient Wealth Partners LLC now owns 1,517 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 78 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in shares of CBRE Group by 8.2% during the third quarter. Versant Capital Management Inc now owns 1,031 shares of the financial services provider’s stock worth $162,000 after purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CBRE shares. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Barclays lifted their target price on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Keefe, Bruyette & Woods lowered their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Finally, Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Seven investment 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 company has a consensus rating of “Moderate Buy” and an average target price of $182.43.

CBRE Group Trading Down 3.0%

Shares of NYSE:CBRE opened at $136.95 on Friday. The firm has a market cap of $40.42 billion, a price-to-earnings ratio of 35.48 and a beta of 1.33. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $174.27. The company’s fifty day simple moving average is $159.01 and its 200 day simple moving average is $158.83. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.05. The firm had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, research analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Insider Activity at CBRE Group

In other news, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at $18,799,313.61. This represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% 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.