Montag A & Associates Inc. Purchases 8,260 Shares of CBRE Group, Inc. $CBRE

Montag A & Associates Inc. lifted its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 16.2% in the third quarter, HoldingsChannel reports. The fund owned 59,167 shares of the financial services provider’s stock after buying an additional 8,260 shares during the period. Montag A & Associates Inc.’s holdings in CBRE Group were worth $9,322,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CBRE. ORG Partners LLC increased its position in CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 119 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in shares of CBRE Group in the 2nd quarter valued at about $30,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of CBRE Group during the 2nd quarter worth approximately $32,000. NewSquare Capital LLC raised its stake in shares of CBRE Group by 40.7% during the second quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after buying an additional 68 shares during the last quarter. Finally, Bank of Jackson Hole Trust acquired a new position in CBRE Group in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays lifted their target price on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Keefe, Bruyette & Woods cut their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and one has issued 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 $182.43.

Insider Activity

In related news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.42% of the company’s stock.

CBRE Group Trading Down 1.6%

Shares of NYSE:CBRE opened at $142.65 on Wednesday. The firm has a market cap of $42.10 billion, a price-to-earnings ratio of 36.96 and a beta of 1.33. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $174.27. The company’s fifty day simple moving average is $160.50 and its 200 day simple moving average is $159.23. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55.

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

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.