Andra AP fonden Sells 33,800 Shares of CBRE Group, Inc. $CBRE

Andra AP fonden reduced its position in CBRE Group, Inc. (NYSE:CBRE) by 19.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 144,300 shares of the financial services provider’s stock after selling 33,800 shares during the period. Andra AP fonden’s holdings in CBRE Group were worth $23,202,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Navalign LLC purchased a new position in shares of CBRE Group in the fourth quarter worth $29,000. Ameriflex Group Inc. purchased a new position in shares of CBRE Group in the third quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of CBRE Group in the fourth quarter worth $42,000. SBI Securities Co. Ltd. lifted its holdings in shares of CBRE Group by 37.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after buying an additional 73 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in shares of CBRE Group in the third quarter worth $45,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on CBRE. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Barclays increased 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. 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, CBRE Group currently has a consensus rating of “Moderate Buy” and an average target price of $180.29.

Insider Activity at CBRE Group

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 shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by insiders.

CBRE Group Stock Performance

CBRE opened at $132.17 on Friday. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27. 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 market capitalization of $38.70 billion, a PE ratio of 30.11 and a beta of 1.21. The firm has a 50 day moving average of $138.46 and a two-hundred day moving average of $149.11.

CBRE Group (NYSE:CBRE) last posted 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. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period last year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts anticipate that CBRE Group, Inc. will post 7.65 EPS for the current year.

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.