Los Angeles Capital Management LLC Sells 52,476 Shares of CBRE Group, Inc. $CBRE

Los Angeles Capital Management LLC decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 24.6% during the 4th quarter, Holdings Channel reports. The firm owned 161,130 shares of the financial services provider’s stock after selling 52,476 shares during the period. Los Angeles Capital Management LLC’s holdings in CBRE Group were worth $24,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its holdings in CBRE Group by 43.0% in the third 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 in the last quarter. Caprock Group LLC bought a new stake in CBRE Group in the third quarter valued at $3,030,000. Cornerstone Investment Partners LLC boosted its holdings in CBRE Group by 13.7% in the third 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 in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in CBRE Group by 20.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 66,464 shares of the financial services provider’s stock valued at $10,472,000 after acquiring an additional 11,434 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its holdings in CBRE Group by 54.5% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 20,655 shares of the financial services provider’s stock valued at $3,254,000 after acquiring an additional 7,282 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

Shares of CBRE Group stock opened at $131.09 on Monday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $38.39 billion, a P/E ratio of 29.86 and a beta of 1.22. The business has a fifty day simple moving average of $138.48 and a two-hundred day simple moving average of $149.64. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. The business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CBRE. Barclays lifted their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. 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. Finally, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, CBRE Group has a consensus rating of “Moderate Buy” and an average price target of $180.29.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the transaction, the chief financial officer owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated 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 transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,944 shares of company stock valued at $387,153 in the last three months. Insiders own 0.46% of the company’s stock.

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.