Chad Doellinger Sells 228 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBRE) insider Chad Doellinger sold 228 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider directly owned 41,778 shares in the company, valued at approximately $6,195,259.62. This represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Up 0.6%

Shares of CBRE stock traded up $0.86 during trading hours on Friday, reaching $152.75. 950,583 shares of the stock were exchanged, compared to its average volume of 2,153,683. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The company’s 50-day moving average price is $139.74 and its 200-day moving average price is $141.90. The firm has a market capitalization of $44.23 billion, a price-to-earnings ratio of 35.04 and a beta of 1.18.

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on CBRE shares. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Barclays lifted their price objective on shares of CBRE Group from $178.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Finally, Evercore reissued an “outperform” rating and issued a $175.00 price objective on shares of CBRE Group in a research report on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.57.

Hedge Funds Weigh In On CBRE Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Manning & Napier Advisors LLC bought a new position in CBRE Group in the second quarter worth approximately $98,121,000. Ally Financial Inc. bought a new stake in CBRE Group during the 2nd quarter valued at $2,694,000. C M Bidwell & Associates Ltd. bought a new stake in CBRE Group during the 2nd quarter valued at $338,000. Rockbridge Asset Management LLC purchased a new position in shares of CBRE Group in the 2nd quarter valued at $1,521,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new position in shares of CBRE Group in the 2nd quarter valued at $484,000. 98.41% of the stock is currently owned by institutional investors.

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.