Intech Investment Management LLC Trims Stock Position in CBRE Group, Inc. $CBRE

Intech Investment Management LLC decreased its stake in CBRE Group, Inc. (NYSE:CBRE) by 16.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 276,532 shares of the financial services provider’s stock after selling 54,085 shares during the period. Intech Investment Management LLC owned 0.09% of CBRE Group worth $43,570,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of CBRE. ORG Partners LLC lifted its position in CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of CBRE Group during the second quarter worth about $30,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of CBRE Group during the second quarter worth about $32,000. NewSquare Capital LLC lifted its holdings in shares of CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 68 shares during the last quarter. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of CBRE Group in the 3rd quarter valued at about $38,000. 98.41% of the stock is owned by hedge funds and other institutional investors.

CBRE Group Price Performance

Shares of NYSE CBRE opened at $147.19 on Thursday. The stock has a fifty day moving average price of $161.81 and a 200 day moving average price of $159.53. CBRE Group, Inc. has a 1-year low of $108.45 and a 1-year high of $174.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $43.44 billion, a PE ratio of 38.13 and a beta of 1.34.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. During the same period in the previous year, the company posted $2.32 EPS. CBRE Group’s revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Sell-side analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have commented on the company. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Keefe, Bruyette & Woods reduced their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the stock from $175.00 to $185.00 in a research note on Sunday. Finally, Barclays lifted their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, CBRE Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.43.

About CBRE Group

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.