Swiss National Bank Has $118.30 Million Stock Position in CBRE Group, Inc. $CBRE

Swiss National Bank lifted its position in CBRE Group, Inc. (NYSE:CBRE) by 7.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 873,300 shares of the financial services provider’s stock after acquiring an additional 57,900 shares during the period. Swiss National Bank’s holdings in CBRE Group were worth $118,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new stake in shares of CBRE Group in the 4th quarter valued at about $25,000. Navalign LLC acquired a new position in CBRE Group during the fourth quarter worth approximately $29,000. Ascentis Independent Advisors acquired a new position in CBRE Group during the first quarter worth approximately $30,000. Sound Income Strategies LLC raised its stake in CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after buying an additional 259 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group in the fourth quarter valued at approximately $42,000. 98.41% of the stock is owned by institutional investors.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group 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 sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at approximately $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 can be accessed 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

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Barclays upped their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Finally, Evercore set a $169.00 price target on shares of CBRE Group in a research note on Tuesday, June 30th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group currently has an average rating of “Moderate Buy” and an average price target of $178.86.

CBRE Group Trading Down 1.6%

CBRE opened at $138.71 on Tuesday. The stock has a market capitalization of $40.62 billion, a price-to-earnings ratio of 31.60 and a beta of 1.20. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a 50-day simple moving average of $134.28 and a 200 day simple moving average of $144.52.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $10.22 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The company’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. Analysts predict that CBRE Group, Inc. will post 7.75 EPS for the current fiscal year.

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.