CBRE Group, Inc. $CBRE Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC trimmed its position in CBRE Group, Inc. (NYSE:CBRE) by 16.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,265 shares of the financial services provider’s stock after selling 45,267 shares during the quarter. Intech Investment Management LLC’s holdings in CBRE Group were worth $37,185,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of CBRE. Brighton Jones LLC raised its holdings in shares of CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after purchasing an additional 11,065 shares in the last quarter. Woodline Partners LP grew its position in shares of CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after buying an additional 6,908 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of CBRE Group by 67.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after buying an additional 179 shares during the last quarter. First Trust Advisors LP grew its position in shares of CBRE Group by 41.3% in the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after buying an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC grew its position in shares of CBRE Group by 54.6% in the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after buying an additional 1,728 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,944 shares of company stock worth $387,153 over the last three months. 0.46% of the stock is currently owned by insiders.

CBRE Group Trading Down 3.0%

Shares of CBRE Group stock opened at $126.27 on Friday. CBRE Group, Inc. has a 1 year low of $121.83 and a 1 year high of $174.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $36.97 billion, a P/E ratio of 28.76 and a beta of 1.28. The company’s fifty day moving average is $139.20 and its two-hundred day moving average is $150.72.

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on CBRE. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Barclays increased their target price on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Finally, Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $180.29.

About CBRE Group

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.