Lombard Odier Asset Management Switzerland SA grew its holdings in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 83.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,649 shares of the financial services provider’s stock after purchasing an additional 17,638 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in CBRE Group were worth $6,214,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Swiss RE Ltd. bought a new position in shares of CBRE Group in the 4th quarter valued at approximately $25,000. Navalign LLC bought a new position in shares of CBRE Group in the 4th quarter valued at approximately $29,000. Ameriflex Group Inc. bought a new position in shares of CBRE Group in the 3rd quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CBRE Group in the 4th quarter valued at approximately $42,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of CBRE Group by 37.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.
Analysts Set New Price Targets
CBRE has been the topic of a number of recent analyst reports. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Evercore reiterated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Barclays lifted their target price on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $180.29.
CBRE Group Stock Performance
Shares of NYSE CBRE opened at $135.53 on Wednesday. The business’s 50 day moving average is $138.36 and its two-hundred day moving average is $148.55. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market cap of $39.69 billion, a P/E ratio of 30.87 and a beta of 1.21.
CBRE Group (NYSE:CBRE – Get Free Report) last posted 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 quarter in the previous year, the firm posted $0.86 EPS. The business’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current year.
Insider Activity
In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the transaction, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.
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.
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