Dimensional Fund Advisors LP Sells 501,843 Shares of CBRE Group, Inc. $CBRE

Dimensional Fund Advisors LP lessened its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 15.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,684,032 shares of the financial services provider’s stock after selling 501,843 shares during the period. Dimensional Fund Advisors LP’s holdings in CBRE Group were worth $422,929,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. NewSquare Capital LLC grew its position in shares of CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after buying an additional 68 shares during the last quarter. Fidelis Capital Partners LLC lifted its stake in CBRE Group by 1.6% in the second quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock worth $601,000 after acquiring an additional 69 shares during the period. Advisors Capital Management LLC boosted its holdings in CBRE Group by 4.0% in the second quarter. Advisors Capital Management LLC now owns 1,882 shares of the financial services provider’s stock valued at $264,000 after acquiring an additional 73 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in CBRE Group by 3.6% in the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 75 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its position in CBRE Group by 5.4% during the 3rd quarter. Quotient Wealth Partners LLC now owns 1,517 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 78 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CBRE. Barclays raised their target price on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Seven 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 company currently has a consensus rating of “Moderate Buy” and an average price target of $182.43.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.42% of the company’s stock.

CBRE Group Trading Down 0.5%

Shares of NYSE CBRE opened at $141.90 on Thursday. CBRE Group, Inc. has a 1 year low of $108.45 and a 1 year high of $174.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a 50-day moving average of $160.05 and a 200 day moving average of $159.11. The stock has a market cap of $41.88 billion, a P/E ratio of 36.76 and a beta of 1.33.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. During the same quarter last year, the firm earned $2.32 earnings per share. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, sell-side analysts expect that CBRE Group, Inc. will post 5.99 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.