Northwestern Mutual Wealth Management Co. Boosts Stock Position in CBRE Group, Inc. $CBRE

Northwestern Mutual Wealth Management Co. grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 5,115.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,017,355 shares of the financial services provider’s stock after buying an additional 997,848 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in CBRE Group were worth $163,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its position in shares of CBRE Group by 1.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 642,164 shares of the financial services provider’s stock valued at $103,257,000 after buying an additional 10,179 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of CBRE Group by 15.3% during the 4th quarter. Cornerstone Wealth Management LLC now owns 6,838 shares of the financial services provider’s stock valued at $1,099,000 after buying an additional 905 shares in the last quarter. Allworth Financial LP lifted its position in shares of CBRE Group by 20.5% during the 4th quarter. Allworth Financial LP now owns 1,820 shares of the financial services provider’s stock valued at $293,000 after buying an additional 309 shares in the last quarter. Navalign LLC purchased a new position in CBRE Group in the 4th quarter worth approximately $29,000. Finally, Oregon Public Employees Retirement Fund lifted its holdings in CBRE Group by 0.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,596 shares of the financial services provider’s stock worth $5,402,000 after purchasing an additional 149 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CBRE shares. Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Keefe, Bruyette & Woods boosted their price target on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $180.29.

CBRE Group Stock Performance

NYSE:CBRE opened at $129.98 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. CBRE Group, Inc. has a 1 year low of $118.81 and a 1 year high of $174.27. The stock’s 50 day simple moving average is $140.19 and its two-hundred day simple moving average is $152.21. The company has a market cap of $38.06 billion, a price-to-earnings ratio of 29.61 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping 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 business had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the company posted $0.86 EPS. The company’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. As a group, equities analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction that occurred on 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 sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value 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. The trade was a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,917 shares of company stock worth $1,463,618. Corporate insiders own 0.46% of the company’s stock.

CBRE Group 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.