CBRE Group, Inc. $CBRE Stock Position Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 92.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 768,200 shares of the financial services provider’s stock after buying an additional 368,753 shares during the quarter. BNP Paribas Financial Markets’ holdings in CBRE Group were worth $123,519,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CBRE. Norges Bank bought a new position in CBRE Group during the 4th quarter worth approximately $643,405,000. Viking Global Investors LP bought a new position in CBRE Group during the 3rd quarter worth approximately $190,648,000. Northwestern Mutual Wealth Management Co. lifted its holdings in CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after buying an additional 997,848 shares during the last quarter. Invesco Ltd. lifted its holdings in CBRE Group by 16.1% during the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after buying an additional 862,656 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in CBRE Group by 9.4% during 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 buying an additional 809,796 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,944 shares of company stock worth $387,153. 0.46% of the stock is owned by insiders.

CBRE Group Trading Down 0.0%

Shares of NYSE CBRE opened at $125.03 on Monday. The company has a market cap of $36.61 billion, a price-to-earnings ratio of 28.48 and a beta of 1.22. CBRE Group, Inc. has a 12-month low of $121.83 and a 12-month high of $174.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock’s 50 day simple moving average is $139.03 and its 200 day simple moving average is $150.53.

CBRE Group (NYSE:CBRE) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm earned $0.86 EPS. The firm’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. Equities research analysts expect that CBRE Group, Inc. will post 7.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Barclays raised their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Keefe, Bruyette & Woods raised their price target on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $180.29.

About CBRE Group

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.