NEOS Investment Management LLC Buys 25,983 Shares of CBRE Group, Inc. $CBRE

NEOS Investment Management LLC boosted its position in CBRE Group, Inc. (NYSE:CBRE) by 66.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,343 shares of the financial services provider’s stock after acquiring an additional 25,983 shares during the period. NEOS Investment Management LLC’s holdings in CBRE Group were worth $10,295,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

CBRE has been the subject of a number of research reports. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group upped their price objective on shares of 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 lowered their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Finally, Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CBRE Group has an average rating of “Moderate Buy” and an average price target of $181.00.

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $141.23 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $41.69 billion, a PE ratio of 36.59 and a beta of 1.34. The firm’s 50 day moving average price is $163.23 and its 200-day moving average price is $159.90. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.05. The business had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.CBRE Group’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company 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 EPS for the current year.

CBRE Group 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.