AlphaQuest LLC Acquires 5,846 Shares of CBRE Group, Inc. $CBRE

AlphaQuest LLC raised its holdings in CBRE Group, Inc. (NYSE:CBRE) by 28.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 26,700 shares of the financial services provider’s stock after purchasing an additional 5,846 shares during the period. CBRE Group comprises about 0.2% of AlphaQuest LLC’s holdings, making the stock its 28th largest holding. AlphaQuest LLC’s holdings in CBRE Group were worth $4,293,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Parallel Advisors LLC boosted its stake in CBRE Group by 1.9% in the third quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock valued at $594,000 after acquiring an additional 71 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of CBRE Group by 1.7% during the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after purchasing an additional 71 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares in the last quarter. Evergreen Capital Management LLC boosted its position in shares of CBRE Group by 3.6% during 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 in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of CBRE Group by 11.0% during the third quarter. Larson Financial Group LLC now owns 778 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 77 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CBRE shares. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Weiss Ratings raised shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, UBS Group raised shares of 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 research report on Sunday, February 22nd. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $180.29.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,167 shares of company stock worth $1,757,783 over the last quarter. Company insiders own 0.46% of the company’s stock.

CBRE Group Stock Up 0.1%

Shares of CBRE stock opened at $131.24 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 1 year low of $118.81 and a 1 year high of $174.27. The firm’s fifty day moving average price is $139.59 and its two-hundred day moving average price is $151.19. The firm has a market capitalization of $38.43 billion, a P/E ratio of 29.90 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business earned $0.86 EPS. The company’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts predict that CBRE Group, Inc. will post 7.72 EPS for the current fiscal year.

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.