Banque Cantonale Vaudoise Reduces Position in CBRE Group, Inc. $CBRE

Banque Cantonale Vaudoise trimmed its holdings in CBRE Group, Inc. (NYSE:CBRE) by 30.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,291 shares of the financial services provider’s stock after selling 6,807 shares during the period. Banque Cantonale Vaudoise’s holdings in CBRE Group were worth $2,071,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Legal & General Group Plc lifted its stake 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 valued at $334,207,000 after purchasing an additional 52,985 shares during the last quarter. AIA Group Ltd acquired a new stake in shares of CBRE Group during the 3rd quarter worth about $1,734,000. Teachers Retirement System of The State of Kentucky raised its holdings in CBRE Group by 713.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 190,674 shares of the financial services provider’s stock valued at $30,043,000 after buying an additional 167,240 shares during the period. Fisher Asset Management LLC raised its holdings in CBRE Group by 96.1% in the 3rd quarter. Fisher Asset Management LLC now owns 43,533 shares of the financial services provider’s stock valued at $6,859,000 after buying an additional 21,328 shares during the period. Finally, TD Asset Management Inc lifted its position in CBRE Group by 13.0% in the third quarter. TD Asset Management Inc now owns 524,208 shares of the financial services provider’s stock valued at $82,594,000 after buying an additional 60,139 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

NYSE:CBRE opened at $137.38 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $40.23 billion, a price-to-earnings ratio of 31.29 and a beta of 1.21. The firm’s fifty day moving average price is $136.80 and its 200 day moving average price is $147.06. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data 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. The company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, sell-side analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current year.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’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 of the company’s stock, valued at $14,476,709.46. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Evercore restated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. UBS Group restated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Finally, Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, CBRE Group currently has an average rating of “Moderate Buy” and a consensus price target of $180.29.

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.