5,446 Shares in CBRE Group, Inc. $CBRE Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new position in CBRE Group, Inc. (NYSE:CBREFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,446 shares of the financial services provider’s stock, valued at approximately $876,000.

Several other institutional investors also recently modified their holdings of the stock. State Street Corp increased its position in shares of CBRE Group by 0.8% in the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of CBRE Group by 1.1% in the fourth quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock worth $1,538,443,000 after purchasing an additional 99,532 shares during the last quarter. Geode Capital Management LLC increased its position in shares of CBRE Group by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock worth $1,369,409,000 after purchasing an additional 151,027 shares during the last quarter. Morgan Stanley increased its position in shares of CBRE Group by 6.4% in the fourth quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after purchasing an additional 403,489 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of CBRE Group by 16.1% in the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after purchasing an additional 862,656 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s 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 $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The sale 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 owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Keefe, Bruyette & Woods upped 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. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Barclays increased their price target 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, 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. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, CBRE Group has an average rating of “Moderate Buy” and an average price target of $180.29.

Read Our Latest Report on CBRE Group

CBRE Group Stock Performance

Shares of CBRE stock opened at $133.16 on Monday. The stock has a fifty day moving average of $138.43 and a 200 day moving average of $148.93. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The firm has a market capitalization of $38.99 billion, a price-to-earnings ratio of 30.33 and a beta of 1.21. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBREGet Free Report) last announced its quarterly earnings results 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. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $0.86 earnings per share. The firm’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

CBRE Group Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.