CBRE Group (NYSE:CBRE) Insider Sells 228 Shares

CBRE Group, Inc. (NYSE:CBRE) insider Chad Doellinger sold 228 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $33,810.12. Following the transaction, the insider owned 41,778 shares in the company, valued at $6,195,259.62. This represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Performance

Shares of CBRE stock traded up $0.86 during trading hours on Friday, reaching $152.75. The company had a trading volume of 950,583 shares, compared to its average volume of 2,153,683. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The business has a fifty day moving average price of $139.74 and a 200-day moving average price of $141.90. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The firm has a market cap of $44.23 billion, a PE ratio of 35.04 and a beta of 1.18.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter in the prior year, the firm earned $1.19 earnings per share. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Sell-side analysts predict that CBRE Group, Inc. will post 7.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on CBRE. UBS Group lifted their price objective on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Keefe, Bruyette & Woods increased their target price on CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. 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. Finally, Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $180.57.

Hedge Funds Weigh In On CBRE Group

A number of hedge funds have recently made changes to their positions in the business. State Street Corp lifted its position in shares of CBRE Group by 0.8% in the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after buying an additional 105,586 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of CBRE Group by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock valued at $1,337,051,000 after purchasing an additional 302,426 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of CBRE Group by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after purchasing an additional 151,027 shares during the last quarter. Harris Associates L P boosted its holdings in shares of CBRE Group by 0.6% in the 4th quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock worth $1,114,053,000 after purchasing an additional 38,646 shares during the period. Finally, Morgan Stanley increased its position in shares of CBRE Group by 6.4% during the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock valued at $1,075,849,000 after purchasing an additional 403,489 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

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.