AXQ Capital LP acquired a new position in CBRE Group, Inc. (NYSE:CBRE – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 7,893 shares of the financial services provider’s stock, valued at approximately $1,269,000.
Several other hedge funds have also recently bought and sold shares of the business. Navalign LLC acquired a new position in CBRE Group in the 4th quarter worth about $29,000. Ameriflex Group Inc. acquired a new position in CBRE Group in the 3rd quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in CBRE Group in the 4th quarter worth about $42,000. SBI Securities Co. Ltd. increased its position in CBRE Group by 37.6% in the 4th 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 during the last quarter. Finally, Caitlin John LLC acquired a new position in CBRE Group in the 3rd quarter worth about $45,000. 98.41% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages have weighed in on CBRE. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Evercore reaffirmed an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, CBRE Group has a consensus rating of “Moderate Buy” and a consensus price target of $180.29.
CBRE Group Stock Performance
Shares of NYSE CBRE opened at $124.76 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $36.53 billion, a price-to-earnings ratio of 28.42 and a beta of 1.22. The business’s 50-day simple moving average is $138.86 and its 200-day simple moving average is $150.31. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27.
CBRE Group (NYSE:CBRE – Get Free Report) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities research analysts expect that CBRE Group, Inc. will post 7.63 earnings per share for the current fiscal year.
Insider Buying and Selling
In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,944 shares of company stock worth $387,153 in the last ninety days. Insiders own 0.46% of the company’s stock.
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.
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