AEGON ASSET MANAGEMENT UK Plc Takes $2.05 Million Position in CBRE Group, Inc. $CBRE

AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the first quarter, Holdings Channel reports. The firm purchased 15,152 shares of the financial services provider’s stock, valued at approximately $2,052,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in CBRE Group in the fourth quarter worth about $643,405,000. Viking Global Investors LP bought a new position in shares of CBRE Group during the 3rd quarter valued at approximately $190,648,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after purchasing an additional 997,848 shares during the last quarter. XN LP purchased a new stake in shares of CBRE Group during the 4th quarter worth approximately $147,134,000. Finally, Invesco Ltd. increased its stake in shares of CBRE Group by 16.1% during the 3rd 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 Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s 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 owned 110,729 shares in the company, 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on CBRE. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research report on Wednesday. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research note on Friday, April 24th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Finally, Wall Street Zen upgraded 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 given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

CBRE Group Trading Down 0.1%

Shares of CBRE stock opened at $131.36 on Friday. The company’s fifty day simple moving average is $137.90 and its two-hundred day simple moving average is $147.99. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The stock has a market capitalization of $38.47 billion, a price-to-earnings ratio of 29.92 and a beta of 1.21.

CBRE Group (NYSE:CBRE) last posted 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. The firm had revenue of $10.53 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last 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 anticipate that CBRE Group, Inc. will post 7.65 earnings per share for the current 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.