CBRE Group, Inc. (NYSE:CBRE) Receives Consensus Rating of “Moderate Buy” from Brokerages

CBRE Group, Inc. (NYSE:CBRE) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $180.3333.

CBRE has been the topic of a number of recent research reports. Keefe, Bruyette & Woods increased their target price on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Barclays increased their price target on shares of CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Evercore reiterated an “outperform” rating and set a $175.00 target price on shares of CBRE Group in a research note on Thursday, July 30th. Finally, Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd.

Insiders Place Their Bets

In other CBRE Group news, CEO Vikramaditya Kohli sold 2,666 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the transaction, the chief executive officer owned 134,869 shares in the company, valued at approximately $20,230,350. This represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 228 shares of CBRE Group stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider owned 41,778 shares of the company’s stock, valued at $6,195,259.62. This represents a 0.54% decrease in their ownership of the stock. 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 90 days, insiders sold 5,144 shares of company stock valued at $767,363. 0.46% of the stock is owned by insiders.

Hedge Funds Weigh In On CBRE Group

Several hedge funds and other institutional investors have recently modified their holdings of CBRE. California State Teachers Retirement System grew its holdings in shares of CBRE Group by 12,333.3% in the second quarter. California State Teachers Retirement System now owns 58,670,964 shares of the financial services provider’s stock worth $7,902,392,000 after acquiring an additional 58,199,080 shares during the period. Saudi Central Bank grew its stake in shares of CBRE Group by 88.1% during the 2nd quarter. Saudi Central Bank now owns 20,661 shares of the financial services provider’s stock valued at $2,783,000 after purchasing an additional 9,677 shares during the period. AlphaGrep UK Ltd purchased a new stake in shares of CBRE Group during the 2nd quarter valued at about $417,000. Munich Reinsurance Co Stock Corp in Munich lifted its stake in shares of CBRE Group by 59.4% in the 2nd quarter. Munich Reinsurance Co Stock Corp in Munich now owns 35,969 shares of the financial services provider’s stock worth $4,845,000 after purchasing an additional 13,400 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of CBRE Group by 46.7% in the second quarter. Concurrent Investment Advisors LLC now owns 9,004 shares of the financial services provider’s stock worth $1,213,000 after buying an additional 2,865 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

CBRE Group Stock Down 0.1%

Shares of NYSE CBRE opened at $151.79 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average of $142.59 and a 200-day moving average of $140.92. The firm has a market capitalization of $43.96 billion, a price-to-earnings ratio of 34.82 and a beta of 1.18. CBRE Group has a 12 month low of $121.69 and a 12 month high of $174.27.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Sell-side analysts expect that CBRE Group will post 7.77 earnings per share for the current fiscal year.

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.