CBRE Group, Inc. $CBRE Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 21.1% in the first quarter, Holdings Channel reports. The institutional investor owned 15,697 shares of the financial services provider’s stock after selling 4,204 shares during the period. Sanctuary Advisors LLC’s holdings in CBRE Group were worth $2,126,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CBRE. Swiss RE Ltd. purchased a new stake in shares of CBRE Group during the 4th quarter worth about $25,000. Navalign LLC purchased a new position in shares of CBRE Group in the 4th quarter valued at about $29,000. Ascentis Independent Advisors purchased a new position in shares of CBRE Group in the 1st quarter valued at about $30,000. Sound Income Strategies LLC raised its holdings in CBRE Group by 5,180.0% in the 1st 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 position in CBRE Group in the 4th quarter worth about $42,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Stock Down 0.2%

NYSE CBRE opened at $138.40 on Wednesday. The business has a fifty day moving average price of $134.17 and a 200 day moving average price of $144.36. 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 cap of $40.53 billion, a P/E ratio of 31.53 and a beta of 1.20. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 3.11% and a return on equity of 24.08%. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts anticipate that CBRE Group, Inc. will post 7.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CBRE. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Barclays boosted their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Evercore set a $169.00 price target on shares of CBRE Group in a research note on Tuesday, June 30th. Finally, Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $178.86.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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.

CBRE Group Company 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.