Virtu Financial LLC Buys Shares of 7,368 CBRE Group, Inc. $CBRE

Virtu Financial LLC acquired a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,368 shares of the financial services provider’s stock, valued at approximately $1,185,000.

Several other institutional investors have also recently bought and sold shares of CBRE. State Street Corp lifted its stake in CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after purchasing an additional 105,586 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of CBRE Group by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock valued at $1,538,443,000 after buying an additional 99,532 shares during the last quarter. Geode Capital Management LLC boosted its holdings in 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 valued at $1,369,409,000 after acquiring an additional 151,027 shares during the last quarter. Harris Associates L P increased its position in shares of CBRE Group by 0.6% during the fourth quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock worth $1,114,053,000 after buying an additional 38,646 shares during the period. Finally, Morgan Stanley boosted its position in shares of CBRE Group by 6.4% during the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock valued at $1,075,849,000 after purchasing an additional 403,489 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CBRE shares. Barclays upped their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. Finally, UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group has a consensus rating of “Moderate Buy” and a consensus price target of $180.29.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

CBRE Group Stock Performance

Shares of CBRE stock opened at $131.36 on Friday. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The firm has a 50-day moving average of $137.90 and a 200-day moving average of $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. The company has a market cap of $38.47 billion, a P/E ratio of 29.92 and a beta of 1.21.

CBRE Group (NYSE:CBRE) last announced its earnings results 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 firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities research analysts forecast that CBRE Group, Inc. will post 7.65 EPS 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.