Intech Investment Management LLC Cuts Position in CBRE Group, Inc. $CBRE

Intech Investment Management LLC lowered its holdings in CBRE Group, Inc. (NYSE:CBRE) by 16.4% in the third quarter, Holdings Channel.com reports. The fund owned 276,532 shares of the financial services provider’s stock after selling 54,085 shares during the quarter. Intech Investment Management LLC’s holdings in CBRE Group were worth $43,570,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in CBRE Group by 322.9% during the fourth 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 lifted its position in shares of CBRE Group by 38.2% during the 1st 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 during the period. Geneos Wealth Management Inc. lifted its position in shares of CBRE Group by 67.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 179 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of CBRE Group by 37.6% during the 2nd quarter. Wealthfront Advisers LLC now owns 23,172 shares of the financial services provider’s stock worth $3,247,000 after acquiring an additional 6,336 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of CBRE Group by 27.1% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 7,814 shares of the financial services provider’s stock worth $1,095,000 after acquiring an additional 1,665 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CBRE. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $175.00 to $185.00 in a research note on Sunday. Keefe, Bruyette & Woods lowered their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Barclays raised their target price on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Finally, Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.43.

CBRE Group Trading Up 0.7%

Shares of CBRE stock opened at $147.19 on Thursday. The firm has a 50-day moving average price of $161.81 and a 200 day moving average price of $159.53. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27. The company has a market capitalization of $43.44 billion, a price-to-earnings ratio of 38.13 and a beta of 1.34. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.05. The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Research analysts forecast that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

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.