Fieldview Capital Management LLC acquired a new position in CBRE Group, Inc. (NYSE:CBRE – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,446 shares of the financial services provider’s stock, valued at approximately $876,000.
Several other institutional investors also recently modified their holdings of the stock. State Street Corp increased its position in shares of CBRE Group by 0.8% in the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of CBRE Group by 1.1% in the fourth quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock worth $1,538,443,000 after purchasing an additional 99,532 shares during the last quarter. Geode Capital Management LLC increased its position in shares of CBRE Group by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock worth $1,369,409,000 after purchasing an additional 151,027 shares during the last quarter. Morgan Stanley increased its position in shares of CBRE Group by 6.4% in the fourth quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after purchasing an additional 403,489 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of CBRE Group by 16.1% in the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after purchasing an additional 862,656 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’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 trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Report on CBRE Group
CBRE Group Stock Performance
Shares of CBRE stock opened at $133.16 on Monday. The stock has a fifty day moving average of $138.43 and a 200 day moving average of $148.93. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The firm has a market capitalization of $38.99 billion, a price-to-earnings ratio of 30.33 and a beta of 1.21. 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 – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $0.86 earnings per share. The firm’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current 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.
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