CBRE Group (NYSE:CBRE) Rating Lowered to “Hold” at Wall Street Zen

CBRE Group (NYSE:CBRE) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other research firms have also weighed in on CBRE. Evercore set a $169.00 price objective on CBRE Group in a research note on Tuesday. Barclays lifted their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, 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 research report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $178.86.

CBRE Group Stock Down 0.1%

CBRE stock opened at $141.38 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average of $135.54 and a two-hundred day moving average of $146.38. CBRE Group has a 12 month low of $121.69 and a 12 month high of $174.27. The company has a market cap of $41.40 billion, a price-to-earnings ratio of 32.20 and a beta of 1.20.

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

Insiders Place Their Bets

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated 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 transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. 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. 0.46% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fidelis Capital Partners LLC boosted its position in CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock valued at $709,000 after buying an additional 59 shares during the period. Community Bank & Trust Waco Texas increased its position in shares of CBRE Group by 0.5% during the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after acquiring an additional 70 shares during the period. Centersquare Investment Management LLC raised its stake in shares of CBRE Group by 0.7% in the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock valued at $1,683,000 after acquiring an additional 70 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of CBRE Group by 1.9% in the third quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock valued at $594,000 after acquiring an additional 71 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its holdings in CBRE Group by 16.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock valued at $81,000 after purchasing an additional 71 shares during the period. Hedge funds and other institutional investors own 98.41% 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.