WBI Investments LLC Takes $1.03 Million Position in CBRE Group, Inc. $CBRE

WBI Investments LLC purchased a new position in CBRE Group, Inc. (NYSE:CBRE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,548 shares of the financial services provider’s stock, valued at approximately $1,032,000.

Other large investors have also added to or reduced their stakes in the company. ORG Partners LLC increased its position in CBRE Group by 264.4% during the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 119 shares during the period. Ameriflex Group Inc. bought a new position in CBRE Group in the 3rd quarter worth $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of CBRE Group in the 2nd quarter worth about $30,000. Evelyn Partners Asset Management Ltd purchased a new stake in shares of CBRE Group in the 2nd quarter worth about $32,000. Finally, Bank of Jackson Hole Trust bought a new stake in shares of CBRE Group during the 3rd quarter valued at about $38,000. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling

In other news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider owned 42,519 shares in the company, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 9,810 shares of company stock worth $1,448,600. Insiders own 0.42% of the company’s stock.

CBRE Group Trading Up 0.9%

Shares of NYSE CBRE opened at $136.30 on Wednesday. CBRE Group, Inc. has a 1 year low of $108.45 and a 1 year high of $174.27. The stock has a market cap of $40.23 billion, a P/E ratio of 35.31 and a beta of 1.33. The firm has a 50-day moving average of $155.02 and a 200 day moving average of $157.42. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. During the same quarter in the prior year, the company earned $2.32 earnings per share. The business’s revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, sell-side analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Keefe, Bruyette & Woods lowered their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $179.86.

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.