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

Cantillon Capital Management LLC decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 11.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,931,976 shares of the financial services provider’s stock after selling 528,610 shares during the quarter. CBRE Group accounts for approximately 3.5% of Cantillon Capital Management LLC’s holdings, making the stock its 7th largest position. Cantillon Capital Management LLC’s holdings in CBRE Group were worth $532,625,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CBRE. State Street Corp raised its position in shares of CBRE Group by 0.8% during 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 acquiring an additional 105,586 shares in the last quarter. Principal Financial Group Inc. lifted its stake in CBRE Group by 3.2% during the first quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock worth $1,337,051,000 after purchasing an additional 302,426 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 worth $1,369,409,000 after purchasing an additional 151,027 shares during the period. Harris Associates L P boosted its holdings in CBRE Group by 0.6% in 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 purchasing an additional 38,646 shares during the period. Finally, Morgan Stanley raised its holdings in shares of CBRE Group by 6.4% during 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 period. 98.41% of the stock is currently owned by institutional investors.

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $140.89 on Monday. The stock has a market cap of $41.26 billion, a price-to-earnings ratio of 32.09 and a beta of 1.20. 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 12 month low of $121.69 and a 12 month high of $174.27. The stock’s 50 day moving average price is $134.43 and its 200 day moving average price is $144.69.

CBRE Group (NYSE:CBRE) last issued its quarterly 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 company posted $0.86 EPS. The firm’s quarterly 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. Equities research analysts anticipate that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.

Insider Buying and Selling at CBRE Group

In related 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 transaction of $294,165.00. Following the completion of the transaction, 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 filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. UBS Group reissued a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Finally, Barclays upped their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CBRE Group currently has an average rating of “Moderate Buy” and an average target price of $178.86.

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.