Rathbones Group PLC Buys 111,396 Shares of CBRE Group, Inc. $CBRE

Rathbones Group PLC lifted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 25.6% during the fourth quarter, HoldingsChannel reports. The firm owned 545,862 shares of the financial services provider’s stock after acquiring an additional 111,396 shares during the quarter. Rathbones Group PLC’s holdings in CBRE Group were worth $87,769,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Thrivent Financial for Lutherans raised its stake in CBRE Group by 12.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock valued at $99,575,000 after acquiring an additional 70,670 shares during the period. Principal Financial Group Inc. raised its stake in CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after acquiring an additional 809,796 shares during the period. Smartleaf Asset Management LLC raised its stake in CBRE Group by 43.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock valued at $1,818,000 after acquiring an additional 3,438 shares during the period. Caprock Group LLC bought a new stake in CBRE Group in the 3rd quarter valued at $3,030,000. Finally, Cornerstone Investment Partners LLC raised its stake in CBRE Group by 13.7% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after acquiring an additional 47,460 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 2.2%

CBRE stock opened at $131.00 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $38.36 billion, a price-to-earnings ratio of 29.84 and a beta of 1.28. The business’s fifty day moving average price is $139.69 and its two-hundred day moving average price is $151.62. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Insider Activity at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,167 shares of company stock worth $1,757,783 over the last ninety days. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Keefe, Bruyette & Woods increased their price target on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Weiss Ratings upgraded CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Finally, Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Nine analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $180.29.

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.