CBRE Group, Inc. (NYSE:CBRE) Sees Significant Increase in Short Interest

CBRE Group, Inc. (NYSE:CBREGet Free Report) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 4,009,404 shares, an increase of 52.1% from the January 29th total of 2,635,664 shares. Based on an average trading volume of 3,724,720 shares, the short-interest ratio is presently 1.1 days. Approximately 1.4% of the shares of the stock are short sold. Approximately 1.4% of the shares of the stock are short sold. Based on an average trading volume of 3,724,720 shares, the short-interest ratio is presently 1.1 days.

Analyst Ratings Changes

CBRE has been the subject of a number of recent research reports. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Keefe, Bruyette & Woods cut 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. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Finally, Barclays boosted 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. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $182.43.

Get Our Latest Stock Report on CBRE

Insider Activity

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the transaction, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.42% of the company’s stock.

Hedge Funds Weigh In On CBRE Group

Several large investors have recently modified their holdings of CBRE. Swiss RE Ltd. purchased a new position in CBRE Group in the 4th quarter worth approximately $25,000. ORG Partners LLC increased its holdings in CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after buying an additional 119 shares in the last quarter. Navalign LLC purchased a new position in CBRE Group in the 4th quarter worth about $29,000. Ameriflex Group Inc. bought a new position in CBRE Group during the 3rd quarter valued at about $32,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of CBRE Group during the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Trading Down 1.9%

CBRE opened at $144.84 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group has a 52 week low of $108.45 and a 52 week high of $174.27. The stock has a market cap of $42.75 billion, a PE ratio of 37.52 and a beta of 1.33. The business has a 50 day moving average of $160.93 and a 200-day moving average of $159.35.

CBRE Group (NYSE:CBREGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating the consensus estimate of $2.68 by $0.05. The business had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts predict that CBRE Group will post 5.99 earnings per share for the current fiscal year.

About CBRE Group

(Get Free Report)

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.

Further Reading

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.