Plato Investment Management Ltd Invests $2.21 Million in CBRE Group, Inc. $CBRE

Plato Investment Management Ltd bought a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 16,498 shares of the financial services provider’s stock, valued at approximately $2,209,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Swiss RE Ltd. bought a new position in CBRE Group during the fourth quarter worth about $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the 4th quarter valued at approximately $29,000. Ascentis Independent Advisors acquired a new position in shares of CBRE Group in the 1st quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of CBRE Group in the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC lifted its position in shares of CBRE Group by 5,180.0% during the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after buying an additional 259 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Down 3.2%

Shares of CBRE opened at $148.00 on Tuesday. The company has a market capitalization of $42.86 billion, a P/E ratio of 33.94 and a beta of 1.18. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The business’s 50 day simple moving average is $140.50 and its 200-day simple moving average is $141.63. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results 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 return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. During the same period last year, the firm posted $1.19 EPS. The business’s revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, sell-side analysts predict that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on CBRE. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. UBS Group increased their price objective on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Barclays boosted their target price on shares of CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $181.00.

Insider Transactions at CBRE Group

In other news, CEO Vikramaditya Kohli sold 2,666 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares in the company, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the transaction, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. This trade represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,144 shares of company stock worth $767,363. Insiders own 0.46% 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.