Sanctuary Advisors LLC reduced its position in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 21.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,697 shares of the financial services provider’s stock after selling 4,204 shares during the quarter. Sanctuary Advisors LLC’s holdings in CBRE Group were worth $2,126,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of CBRE. Swiss RE Ltd. bought a new position in shares of CBRE Group during the 4th quarter worth $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the fourth quarter valued at about $29,000. Ascentis Independent Advisors bought a new stake in shares of CBRE Group in the first quarter valued at about $30,000. Sound Income Strategies LLC lifted its stake in CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 259 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CBRE Group in the fourth quarter worth about $42,000. 98.41% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have commented on the stock. UBS Group reissued a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, CBRE Group presently has an average rating of “Moderate Buy” and a consensus price target of $178.86.
Insider Activity
In related news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.
CBRE Group Trading Down 0.2%
Shares of NYSE:CBRE opened at $138.40 on Wednesday. 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 stock has a market cap of $40.53 billion, a price-to-earnings ratio of 31.53 and a beta of 1.20. The business has a 50-day moving average price of $134.17 and a 200-day moving average price of $144.36.
CBRE Group (NYSE:CBRE – Get Free Report) last issued 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. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the firm earned $0.86 earnings per share. CBRE Group’s revenue for the quarter was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities analysts predict that CBRE Group, Inc. will post 7.75 EPS for the current year.
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.
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