CBRE Group, Inc. $CBRE Shares Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lifted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 1,157.7% during the third quarter, Holdings Channel reports. The fund owned 219,677 shares of the financial services provider’s stock after purchasing an additional 202,210 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in CBRE Group were worth $28,222,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CBRE. MassMutual Private Wealth & Trust FSB increased its holdings in CBRE Group by 180.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 3,627 shares of the financial services provider’s stock worth $466,000 after purchasing an additional 2,333 shares during the last quarter. CX Institutional grew its position in shares of CBRE Group by 55.4% during the third quarter. CX Institutional now owns 3,999 shares of the financial services provider’s stock worth $514,000 after buying an additional 1,425 shares in the last quarter. Versant Capital Management Inc grew its position in shares of CBRE Group by 22.8% during the third quarter. Versant Capital Management Inc now owns 1,644 shares of the financial services provider’s stock worth $211,000 after buying an additional 305 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of CBRE Group by 3.8% in the second quarter. QRG Capital Management Inc. now owns 140,760 shares of the financial services provider’s stock worth $18,959,000 after buying an additional 5,125 shares during the last quarter. Finally, National Pension Service raised its holdings in CBRE Group by 5.9% in the second quarter. National Pension Service now owns 607,893 shares of the financial services provider’s stock valued at $81,877,000 after acquiring an additional 33,882 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Stock Performance

Shares of NYSE CBRE traded up $0.59 during midday trading on Monday, hitting $130.17. The company’s stock had a trading volume of 727,232 shares, compared to its average volume of 2,084,183. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The firm’s fifty day moving average price is $144.16 and its 200-day moving average price is $139.81. The firm has a market cap of $37.69 billion, a P/E ratio of 29.88 and a beta of 1.23.

CBRE Group (NYSE:CBRE) last issued its earnings results 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 for the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. CBRE Group’s revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, sell-side analysts forecast that CBRE Group, Inc. will post 7.79 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Chad Doellinger sold 228 shares of the business’s 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 transaction, the insider owned 41,778 shares in the company, valued at $6,195,259.62. The trade was a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,144 shares of company stock valued at $767,363. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CBRE shares. Keefe, Bruyette & Woods raised their price objective on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Barclays increased their price target on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. UBS Group upped their price objective on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CBRE Group in a report on Friday, August 21st. Seven 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $180.33.

CBRE Group Company Profile

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE’s services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.