Exchange Traded Concepts LLC Decreases Position in CBRE Group, Inc. $CBRE

Exchange Traded Concepts LLC lowered its stake in CBRE Group, Inc. (NYSE:CBRE) by 55.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,859 shares of the financial services provider’s stock after selling 8,521 shares during the quarter. Exchange Traded Concepts LLC’s holdings in CBRE Group were worth $1,103,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Viking Global Investors LP acquired a new position in CBRE Group during the 3rd quarter worth approximately $190,648,000. Invesco Ltd. grew its position in CBRE Group by 16.1% in the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after acquiring an additional 862,656 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of CBRE Group by 9.4% during the third 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 purchasing an additional 809,796 shares during the period. Qube Research & Technologies Ltd raised its stake in shares of CBRE Group by 210.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,083,413 shares of the financial services provider’s stock valued at $151,808,000 after purchasing an additional 734,563 shares during the period. Finally, AGF Management Ltd. lifted its position in shares of CBRE Group by 6,364.1% during the third quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock worth $116,271,000 after purchasing an additional 726,531 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

CBRE Group Stock Up 1.5%

Shares of NYSE:CBRE opened at $136.53 on Friday. The firm has a market cap of $40.30 billion, a PE ratio of 35.37 and a beta of 1.34. The company has a fifty day simple moving average of $146.91 and a 200 day simple moving average of $155.12. 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, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27.

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

Insider Transactions at CBRE Group

In related news, 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 value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were 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 of the company’s stock, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 9,810 shares of company stock worth $1,448,600. 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.