Vestmark Advisory Solutions Inc. Sells 7,314 Shares of CBRE Group, Inc. $CBRE

Vestmark Advisory Solutions Inc. cut its stake in CBRE Group, Inc. (NYSE:CBRE) by 46.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,539 shares of the financial services provider’s stock after selling 7,314 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in CBRE Group were worth $1,345,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CBRE. Norges Bank bought a new position in CBRE Group in the second quarter worth $544,554,000. Principal Financial Group Inc. boosted its position in shares of CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock worth $1,491,855,000 after purchasing an additional 809,796 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in CBRE Group by 210.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,083,413 shares of the financial services provider’s stock worth $151,808,000 after acquiring an additional 734,563 shares in the last quarter. AGF Management Ltd. increased its holdings in shares of CBRE Group by 6,364.1% during the third quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock valued at $116,271,000 after acquiring an additional 726,531 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of CBRE Group by 13.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock worth $704,610,000 after purchasing an additional 532,151 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Trading Up 0.7%

Shares of NYSE:CBRE opened at $147.19 on Thursday. The stock’s 50-day simple moving average is $161.81 and its two-hundred day simple moving average is $159.53. The stock has a market capitalization of $43.44 billion, a price-to-earnings ratio of 38.13 and a beta of 1.34. CBRE Group, Inc. has a 52-week low of $108.45 and a 52-week high of $174.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09.

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

Wall Street Analyst Weigh In

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

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.