RFG Advisory LLC Purchases New Position in CBRE Group, Inc. $CBRE

RFG Advisory LLC purchased a new stake in CBRE Group, Inc. (NYSE:CBRE) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,688 shares of the financial services provider’s stock, valued at approximately $500,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CBRE. Swiss RE Ltd. bought a new stake in shares of CBRE Group in the 4th quarter worth about $25,000. Navalign LLC bought a new position in CBRE Group during the 4th quarter valued at about $29,000. Ameriflex Group Inc. bought a new position in CBRE Group during the 3rd quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in CBRE Group in the fourth quarter valued at about $42,000. Finally, MV Capital Management Inc. acquired a new position in CBRE Group in the fourth quarter valued at about $42,000. 98.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CBRE. Keefe, Bruyette & Woods raised their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Barclays lifted their price objective on 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 raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Activity at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction 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. Company insiders own 0.46% of the company’s stock.

CBRE Group Trading Down 0.9%

Shares of NYSE CBRE opened at $136.10 on Tuesday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The company has a 50-day moving average of $136.57 and a two-hundred day moving average of $146.86. The company has a market cap of $39.85 billion, a PE ratio of 31.00 and a beta of 1.22. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating 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 business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the business posted $0.86 earnings per share. CBRE Group’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts expect 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.