Arax Advisory Partners Has $1.64 Million Stake in CBRE Group, Inc. $CBRE

Arax Advisory Partners lowered its position in CBRE Group, Inc. (NYSE:CBRE) by 38.9% during the fourth quarter, Holdings Channel reports. The firm owned 10,212 shares of the financial services provider’s stock after selling 6,488 shares during the period. Arax Advisory Partners’ holdings in CBRE Group were worth $1,642,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CBRE. Swiss RE Ltd. acquired a new position in shares of CBRE Group during the 4th quarter valued at $25,000. Navalign LLC bought a new stake in CBRE Group during the 4th quarter valued at $29,000. Ameriflex Group Inc. bought a new stake in CBRE Group during the 3rd quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of CBRE Group in the 4th quarter worth $42,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of 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 acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Price Performance

NYSE CBRE opened at $133.94 on Tuesday. The company has a market cap of $39.22 billion, a PE ratio of 30.51 and a beta of 1.22. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The firm’s 50-day simple moving average is $138.38 and its two-hundred day simple moving average is $148.73.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the firm posted $0.86 earnings per share. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Evercore restated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. Barclays increased their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen upgraded shares of 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CBRE Group currently has an average rating of “Moderate Buy” and an average target price of $180.29.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of the 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 sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.