Cibc World Market Inc. Has $21.35 Million Stock Holdings in CBRE Group, Inc. $CBRE

Cibc World Market Inc. lifted its stake in CBRE Group, Inc. (NYSE:CBREFree Report) by 10.2% during the 3rd quarter, Holdings Channel reports. The firm owned 135,530 shares of the financial services provider’s stock after acquiring an additional 12,511 shares during the period. Cibc World Market Inc.’s holdings in CBRE Group were worth $21,354,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. ORG Partners LLC increased its stake in shares of CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in CBRE Group in the second quarter valued at approximately $30,000. Evelyn Partners Asset Management Ltd acquired a new position in shares of CBRE Group in the 2nd quarter valued at $32,000. NewSquare Capital LLC increased its position in shares of CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock valued at $33,000 after buying an additional 68 shares in the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in shares of CBRE Group in the 3rd quarter valued at $38,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Stock Down 9.1%

NYSE:CBRE opened at $135.93 on Friday. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27. The firm has a market capitalization of $40.45 billion, a price-to-earnings ratio of 33.56 and a beta of 1.34. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.49. The stock’s 50 day moving average price is $164.16 and its two-hundred day moving average price is $160.08.

CBRE Group (NYSE:CBREGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a net margin of 3.12% and a return on equity of 20.55%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior 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 expect that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

Key Headlines Impacting CBRE Group

Here are the key news stories impacting CBRE Group this week:

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group lifted their target price on CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Keefe, Bruyette & Woods raised their price target on CBRE Group from $185.00 to $192.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CBRE Group in a report on Wednesday, January 21st. Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday. Finally, Barclays raised their target price on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.14.

Get Our Latest Stock Report on CBRE

About CBRE Group

(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.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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