Daiwa Securities Group Inc. Boosts Stock Position in CBRE Group, Inc. $CBRE

Daiwa Securities Group Inc. grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,902 shares of the financial services provider’s stock after buying an additional 4,618 shares during the period. Daiwa Securities Group Inc.’s holdings in CBRE Group were worth $10,757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. State of Wyoming bought a new stake in CBRE Group during the 4th quarter valued at approximately $415,000. TD Asset Management Inc boosted its holdings in shares of CBRE Group by 9.2% in the 4th quarter. TD Asset Management Inc now owns 572,277 shares of the financial services provider’s stock worth $92,016,000 after purchasing an additional 48,069 shares during the period. Greenspring Advisors LLC purchased a new position in shares of CBRE Group in the 4th quarter worth approximately $290,000. Lido Advisors LLC boosted its holdings in shares of CBRE Group by 0.7% in the 4th quarter. Lido Advisors LLC now owns 16,679 shares of the financial services provider’s stock worth $2,651,000 after purchasing an additional 121 shares during the period. Finally, CIBC Asset Management Inc boosted its holdings in shares of CBRE Group by 57.7% in the 4th quarter. CIBC Asset Management Inc now owns 78,292 shares of the financial services provider’s stock worth $12,589,000 after purchasing an additional 28,649 shares during the period. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction 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 completion of the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,944 shares of company stock valued at $387,153 over the last quarter. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

CBRE has been the subject of a number of recent research reports. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Barclays boosted their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Finally, Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.29.

CBRE Group Price Performance

CBRE opened at $131.09 on Friday. CBRE Group, Inc. has a 52-week low of $121.69 and a 52-week high of $174.27. The stock has a market cap of $38.39 billion, a P/E ratio of 29.86 and a beta of 1.21. The business has a fifty day moving average of $138.48 and a 200 day moving average of $149.64. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping 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 business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the business earned $0.86 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts anticipate that CBRE Group, Inc. will post 7.65 EPS for the current year.

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.