Applied Finance Capital Management LLC Trims Stock Position in CBRE Group, Inc. $CBRE

Applied Finance Capital Management LLC decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 11.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 112,905 shares of the financial services provider’s stock after selling 14,635 shares during the period. Applied Finance Capital Management LLC’s holdings in CBRE Group were worth $15,294,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Diversify Wealth Management LLC purchased a new stake in CBRE Group during the first quarter worth $595,000. Carnegie Investment Counsel purchased a new position in shares of CBRE Group in the 1st quarter worth approximately $217,000. Fifth Third Bancorp boosted its stake in CBRE Group by 140.6% in the first quarter. Fifth Third Bancorp now owns 109,562 shares of the financial services provider’s stock valued at $14,841,000 after acquiring an additional 64,026 shares in the last quarter. Candriam S.C.A. grew its holdings in CBRE Group by 1.6% in the first quarter. Candriam S.C.A. now owns 167,770 shares of the financial services provider’s stock worth $22,726,000 after purchasing an additional 2,577 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its position in shares of CBRE Group by 3.6% during the first quarter. Relyea Zuckerberg Hanson LLC now owns 2,056 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 72 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CBRE has been the topic of several recent analyst reports. Keefe, Bruyette & Woods upped their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Evercore set a $169.00 price objective on CBRE Group in a research note on Tuesday, June 30th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, CBRE Group has a consensus rating of “Moderate Buy” and a consensus target price of $178.86.

CBRE Group Stock Down 0.1%

CBRE Group stock opened at $139.36 on Monday. The firm has a 50 day moving average price of $134.96 and a 200 day moving average price of $145.58. 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 debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $40.81 billion, a PE ratio of 31.75 and a beta of 1.20.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the business posted $0.86 earnings per share. CBRE Group’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts expect that CBRE Group, Inc. will post 7.71 earnings per share for the current year.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred on 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. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by corporate insiders.

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.