Swedbank AB Increases Stock Position in CBRE Group, Inc. $CBRE

Swedbank AB boosted its holdings in CBRE Group, Inc. (NYSE:CBREFree Report) by 119.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,571,280 shares of the financial services provider’s stock after buying an additional 1,400,452 shares during the period. Swedbank AB owned approximately 0.88% of CBRE Group worth $348,306,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Swiss RE Ltd. purchased a new position in shares of CBRE Group in the fourth quarter valued at $25,000. Navalign LLC purchased a new stake in CBRE Group during the 4th quarter worth about $29,000. Ameriflex Group Inc. purchased a new stake in CBRE Group during the 3rd quarter worth about $32,000. Ascentis Independent Advisors bought a new position in CBRE Group in the 1st quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in CBRE Group in the 4th quarter worth about $42,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Barclays upped their price target on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Evercore set a $169.00 price objective on shares of CBRE Group in a research note on Tuesday, June 30th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.86.

Check Out Our Latest Stock Report on CBRE Group

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 that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer directly 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 document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

NYSE CBRE traded up $4.41 during trading on Tuesday, reaching $144.96. The company’s stock had a trading volume of 1,296,685 shares, compared to its average volume of 2,253,740. The stock has a market capitalization of $42.45 billion, a PE ratio of 32.93 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. The firm has a fifty day moving average of $135.37 and a 200 day moving average of $146.15. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) 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 the consensus estimate of $10.22 billion. During the same quarter last year, the company posted $0.86 EPS. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

CBRE Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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