CBRE Group, Inc. $CBRE Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in CBRE Group, Inc. (NYSE:CBRE) by 463.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 95,526 shares of the financial services provider’s stock after buying an additional 78,570 shares during the quarter. SG Americas Securities LLC’s holdings in CBRE Group were worth $15,360,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. State Street Corp lifted its position in 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 valued at $2,180,594,000 after purchasing an additional 105,586 shares during the last quarter. Principal Financial Group Inc. grew its position in 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 worth $1,491,855,000 after purchasing an additional 809,796 shares during the last quarter. Invesco Ltd. grew 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 during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of CBRE Group by 13.5% in 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 purchasing an additional 532,151 shares during the period. Finally, Artisan Partners Limited Partnership increased its stake 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 purchasing an additional 323,998 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Price Performance

NYSE CBRE opened at $131.64 on Friday. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $174.27. The firm has a market capitalization of $38.85 billion, a PE ratio of 34.10 and a beta of 1.33. The company’s 50 day simple moving average is $149.67 and its 200 day simple moving average is $155.88. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09.

CBRE Group (NYSE:CBRE) last released 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 the consensus estimate of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The firm’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 firm posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities research analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group 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 transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 9,810 shares of company stock worth $1,448,600 in the last three months. Company insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

CBRE has been the subject of several analyst reports. Barclays reduced their price objective on CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Raymond James Financial set a $180.00 target price on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Keefe, Bruyette & Woods decreased their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Finally, Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $179.86.

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.