4,176 Shares in CBRE Group, Inc. $CBRE Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC acquired a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,176 shares of the financial services provider’s stock, valued at approximately $595,000.

Several other large investors have also made changes to their positions in CBRE. Norges Bank purchased a new position in shares of CBRE Group during the fourth quarter worth $643,405,000. Swedbank AB grew its position in CBRE Group by 119.6% during the 1st quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock worth $348,306,000 after purchasing an additional 1,400,452 shares during the period. Viking Global Investors LP acquired a new stake in CBRE Group during the 3rd quarter worth about $190,648,000. Northwestern Mutual Wealth Management Co. raised 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 valued at $163,581,000 after buying an additional 997,848 shares during the last quarter. Finally, XN LP acquired a new position in shares of CBRE Group in the 4th quarter valued at about $147,134,000. 98.41% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CBRE shares. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Evercore set a $169.00 price target on CBRE Group in a research report on Tuesday, June 30th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group restated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Finally, Keefe, Bruyette & Woods lifted their target price 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. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, CBRE Group has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

CBRE Group Price Performance

Shares of CBRE Group stock opened at $140.89 on Friday. 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 business has a 50 day simple moving average of $134.43 and a two-hundred day simple moving average of $144.83. The stock has a market capitalization of $41.26 billion, a P/E ratio of 32.09 and a beta of 1.20. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, analysts predict that CBRE Group, Inc. will post 7.75 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.