Emma Giamartino Sells 2,250 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. This represents a 2.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Performance

Shares of CBRE stock opened at $152.75 on Friday. The company has a market capitalization of $44.23 billion, a P/E ratio of 35.04 and a beta of 1.18. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a 50 day moving average price of $140.17 and a two-hundred day moving average price of $141.98.

CBRE Group (NYSE:CBREGet Free Report) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter last year, the business earned $1.19 earnings per share. The business’s revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Analysts expect that CBRE Group, Inc. will post 7.77 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CBRE shares. Barclays upped their price objective on shares of CBRE Group from $178.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group boosted their target price on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Finally, Keefe, Bruyette & Woods raised their price target on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.57.

Read Our Latest Report on CBRE Group

Institutional Trading of CBRE Group

Several large investors have recently bought and sold shares of CBRE. Brighton Jones LLC lifted its stake in shares of CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after purchasing an additional 11,065 shares during the period. Woodline Partners LP grew its stake in CBRE Group by 38.2% in the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after purchasing an additional 6,908 shares during the period. Geneos Wealth Management Inc. grew 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 purchasing an additional 179 shares during the period. First Trust Advisors LP raised its holdings 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 purchasing an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC raised its holdings in CBRE Group by 54.6% in the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after purchasing an additional 1,728 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

About CBRE Group

(Get Free Report)

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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Insider Buying and Selling by Quarter for CBRE Group (NYSE:CBRE)

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