Clearbridge Investments LLC Sells 46,240 Shares of CBRE Group, Inc. $CBRE

Clearbridge Investments LLC decreased its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 538,666 shares of the financial services provider’s stock after selling 46,240 shares during the quarter. Clearbridge Investments LLC’s holdings in CBRE Group were worth $86,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Navalign LLC bought a new stake in CBRE Group during the 4th quarter valued at $29,000. Ameriflex Group Inc. bought a new stake in CBRE Group during the 3rd quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CBRE Group during the 4th quarter valued at $42,000. SBI Securities Co. Ltd. raised its holdings in CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 73 shares during the period. Finally, Caitlin John LLC bought a new stake in CBRE Group during the 3rd quarter valued at $45,000. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 0.5%

CBRE opened at $131.64 on Tuesday. The stock has a market cap of $38.55 billion, a PE ratio of 29.99 and a beta of 1.21. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The business’s fifty day simple moving average is $138.42 and its 200 day simple moving average is $149.51.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm’s revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the transaction, the insider owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 2,944 shares of company stock worth $387,153. 0.46% of the stock is owned by insiders.

Analysts Set New Price Targets

CBRE has been the topic of a number of analyst reports. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Keefe, Bruyette & Woods upped their price target on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Evercore reaffirmed an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.29.

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.