WBI Investments LLC Makes New Investment in CBRE Group, Inc. $CBRE

WBI Investments LLC acquired a new position in CBRE Group, Inc. (NYSE:CBRE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,548 shares of the financial services provider’s stock, valued at approximately $1,032,000.

Other institutional investors have also recently modified their holdings of the company. ORG Partners LLC lifted its position in CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after buying an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in CBRE Group in the second quarter worth approximately $30,000. Evelyn Partners Asset Management Ltd bought a new position in CBRE Group during the second quarter valued at approximately $32,000. Ameriflex Group Inc. bought a new position in CBRE Group during the third quarter valued at approximately $32,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of CBRE Group during the third quarter worth approximately $38,000. 98.41% of the stock is currently owned by institutional investors.

Insider Transactions at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the sale, the chief financial officer directly owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,810 shares of company stock worth $1,448,600 in the last 90 days. Corporate insiders own 0.42% of the company’s stock.

CBRE Group Stock Performance

NYSE:CBRE opened at $136.30 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. CBRE Group, Inc. has a fifty-two week low of $108.45 and a fifty-two week high of $174.27. The firm has a market cap of $40.23 billion, a PE ratio of 35.31 and a beta of 1.33. The business has a 50 day moving average price of $155.02 and a 200-day moving average price of $157.42.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CBRE shares. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Keefe, Bruyette & Woods lowered their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Barclays cut their price target on shares of CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Finally, Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, CBRE Group has an average rating of “Moderate Buy” and a consensus price target of $179.86.

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.