7,987 Shares in CBRE Group, Inc. $CBRE Bought by Dockside LLC

Dockside LLC purchased a new position in shares of CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,987 shares of the financial services provider’s stock, valued at approximately $1,284,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legal & General Group Plc increased its position in shares of CBRE Group by 2.6% in the 3rd quarter. Legal & General Group Plc now owns 2,121,144 shares of the financial services provider’s stock worth $334,207,000 after purchasing an additional 52,985 shares during the last quarter. AIA Group Ltd bought a new stake in shares of CBRE Group in the 3rd quarter worth about $1,734,000. Alberta Investment Management Corp bought a new stake in shares of CBRE Group in the 3rd quarter worth about $5,026,000. King Luther Capital Management Corp increased its position in shares of CBRE Group by 554.2% in the 3rd quarter. King Luther Capital Management Corp now owns 23,602 shares of the financial services provider’s stock worth $3,719,000 after purchasing an additional 19,994 shares during the last quarter. Finally, NEOS Investment Management LLC increased its position in shares of CBRE Group by 66.0% in the 3rd quarter. NEOS Investment Management LLC now owns 65,343 shares of the financial services provider’s stock worth $10,295,000 after purchasing an additional 25,983 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

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

CBRE Group Trading Down 0.2%

NYSE CBRE opened at $133.16 on Monday. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The company has a 50-day simple moving average of $138.43 and a 200-day simple moving average of $148.93. 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 capitalization of $38.99 billion, a PE ratio of 30.33 and a beta of 1.21.

CBRE Group (NYSE:CBRE) last posted its quarterly 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 net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business posted $0.86 EPS. The company’s quarterly 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. On average, equities analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on CBRE. Barclays boosted their target price on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Evercore reaffirmed an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group has an average rating of “Moderate Buy” and a consensus 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.