Hudson Bay Capital Management LP Invests $1.13 Million in CBRE Group, Inc. $CBRE

Hudson Bay Capital Management LP acquired a new stake in CBRE Group, Inc. (NYSE:CBRE) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 7,163 shares of the financial services provider’s stock, valued at approximately $1,129,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp boosted its position in shares of CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after buying an additional 809,796 shares during the period. Invesco Ltd. boosted its position in CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after purchasing an additional 862,656 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in CBRE Group by 13.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock valued at $704,610,000 after buying an additional 532,151 shares during the period. Finally, Artisan Partners Limited Partnership increased its position in shares of CBRE Group by 8.8% in the third quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock valued at $633,705,000 after buying an additional 323,998 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors.

CBRE Group Stock Performance

Shares of CBRE opened at $132.01 on Monday. The company has a 50-day moving average of $153.04 and a two-hundred day moving average of $156.85. The stock has a market cap of $38.96 billion, a P/E ratio of 34.20 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 has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55.

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Keefe, Bruyette & Woods dropped their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, CBRE Group presently has an average rating of “Moderate Buy” and a consensus price target of $179.86.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction 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 directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction dated Wednesday, March 11th. The shares were 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. Insiders have sold a total of 9,810 shares of company stock valued at $1,448,600 in the last quarter. Company insiders own 0.42% of the company’s stock.

CBRE Group 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.