CBRE Group, Inc. $CBRE Holdings Decreased by Atalanta Sosnoff Capital LLC

Atalanta Sosnoff Capital LLC decreased its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 770,659 shares of the financial services provider’s stock after selling 11,475 shares during the period. CBRE Group comprises 2.4% of Atalanta Sosnoff Capital LLC’s holdings, making the stock its 12th largest holding. Atalanta Sosnoff Capital LLC’s holdings in CBRE Group were worth $123,914,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Macquarie Group Ltd. lifted its position in shares of CBRE Group by 18.5% during the 4th quarter. Macquarie Group Ltd. now owns 61,658 shares of the financial services provider’s stock worth $9,914,000 after purchasing an additional 9,634 shares during the last quarter. HRT Financial LP increased its stake in CBRE Group by 0.7% during the fourth quarter. HRT Financial LP now owns 134,601 shares of the financial services provider’s stock valued at $21,642,000 after acquiring an additional 960 shares during the period. Brooklyn Investment Group increased its stake in CBRE Group by 31.1% during the fourth quarter. Brooklyn Investment Group now owns 5,572 shares of the financial services provider’s stock valued at $915,000 after acquiring an additional 1,323 shares during the period. Orion Porfolio Solutions LLC increased its stake in CBRE Group by 0.9% during the fourth quarter. Orion Porfolio Solutions LLC now owns 19,575 shares of the financial services provider’s stock valued at $3,147,000 after acquiring an additional 168 shares during the period. Finally, XXI Wealth LLC bought a new position in CBRE Group during the fourth quarter valued at about $218,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Insider Activity

In related news, CFO Emma E. Giamartino sold 2,250 shares of the business’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 completion of the sale, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

CBRE has been the topic of several analyst reports. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Barclays boosted their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Finally, Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, CBRE Group has an average rating of “Moderate Buy” and an average target price of $180.29.

CBRE Group Trading Up 0.9%

Shares of CBRE stock opened at $133.16 on Friday. 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 has a market cap of $38.99 billion, a P/E ratio of 30.33 and a beta of 1.21. The stock has a 50 day simple moving average of $138.43 and a 200 day simple moving average of $148.99. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27.

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. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, research analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

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.