Brummer Multi Strategy AB Invests $6.75 Million in CBRE Group, Inc. $CBRE

Brummer Multi Strategy AB purchased a new stake in CBRE Group, Inc. (NYSE:CBRE) during the first quarter, HoldingsChannel.com reports. The firm purchased 49,817 shares of the financial services provider’s stock, valued at approximately $6,748,000. CBRE Group makes up about 28.0% of Brummer Multi Strategy AB’s holdings, making the stock its largest position.

Several other large investors have also recently bought and sold shares of the stock. Swiss RE Ltd. bought a new position in shares of CBRE Group during the fourth quarter worth approximately $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the fourth quarter valued at about $29,000. Ascentis Independent Advisors acquired a new position in shares of CBRE Group during the 1st quarter worth approximately $30,000. Sound Income Strategies LLC increased its holdings in shares of CBRE Group by 5,180.0% during the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 259 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group in the fourth quarter valued at approximately $42,000. 98.41% of the stock is owned by institutional investors.

CBRE Group Stock Performance

CBRE Group stock opened at $143.57 on Friday. The business has a 50 day moving average of $134.54 and a 200-day moving average of $144.86. The company has a market capitalization of $42.04 billion, a P/E ratio of 32.70 and a beta of 1.20. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities research analysts predict that CBRE Group, Inc. will post 7.75 earnings per share for the current year.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CBRE. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. UBS Group restated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and a consensus price target of $178.86.

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.