Andra AP fonden Decreases Position in CBRE Group, Inc. $CBRE

Andra AP fonden cut its holdings in CBRE Group, Inc. (NYSE:CBRE) by 19.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,572 shares of the financial services provider’s stock after selling 27,728 shares during the period. Andra AP fonden’s holdings in CBRE Group were worth $15,791,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CBRE. Swiss RE Ltd. bought a new position in shares of CBRE Group during the fourth quarter valued at about $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the 4th quarter valued at about $29,000. Ascentis Independent Advisors purchased a new stake in CBRE Group during the 1st quarter valued at about $30,000. Cassaday & Co Wealth Management LLC bought a new position in CBRE Group during the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC grew its position in CBRE Group by 5,180.0% during the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 259 shares during the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction 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 owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Evercore set a $169.00 price target on shares of CBRE Group in a report on Tuesday, June 30th. Barclays boosted their price objective 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, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $178.86.

CBRE Group Stock Down 0.2%

CBRE stock opened at $138.40 on Wednesday. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The company has a market capitalization of $40.53 billion, a price-to-earnings ratio of 31.53 and a beta of 1.20. The business’s 50 day moving average price is $134.17 and its two-hundred day moving average price is $144.36. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 3.11% and a return on equity of 24.08%. The business’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, analysts forecast that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.

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.