Wall Street Zen Downgrades CBRE Group (NYSE:CBRE) to Hold

CBRE Group (NYSE:CBRE) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday.

Several other brokerages have also recently weighed in on CBRE. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. 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. Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. UBS Group boosted their target price on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Barclays upped their target price on shares of CBRE Group from $178.00 to $180.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, CBRE Group has an average rating of “Moderate Buy” and a consensus price target of $180.57.

CBRE Group Trading Up 1.0%

Shares of CBRE opened at $148.24 on Friday. The firm has a market cap of $42.93 billion, a P/E ratio of 34.00 and a beta of 1.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. CBRE Group has a 1 year low of $121.69 and a 1 year high of $174.27. The company has a 50 day simple moving average of $136.39 and a two-hundred day simple moving average of $143.07.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same period in the previous year, the firm posted $1.19 EPS. CBRE Group’s revenue for the quarter was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, equities analysts expect that CBRE Group will post 7.77 earnings per share for the current fiscal year.

Insider Transactions at CBRE Group

In other news, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares in the company, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

Institutional Trading of CBRE Group

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