Triavera Capital LLC Has $12.60 Million Stake in CBRE Group, Inc. $CBRE

Triavera Capital LLC grew its holdings in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,995 shares of the financial services provider’s stock after purchasing an additional 6,800 shares during the quarter. CBRE Group makes up 6.1% of Triavera Capital LLC’s investment portfolio, making the stock its 6th largest holding. Triavera Capital LLC’s holdings in CBRE Group were worth $12,604,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CBRE. ORG Partners LLC boosted its holdings in shares of CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after buying an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in CBRE Group during the second quarter worth about $30,000. Evelyn Partners Asset Management Ltd bought a new stake in CBRE Group in the second quarter worth about $32,000. Bank of Jackson Hole Trust bought a new stake in CBRE Group in the third quarter worth about $38,000. Finally, Caitlin John LLC purchased a new position in CBRE Group in the third quarter valued at about $45,000. 98.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CBRE has been the subject of a number of research reports. Keefe, Bruyette & Woods reduced their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Barclays boosted their target price on CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $182.43.

Check Out Our Latest Report on CBRE Group

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.42% of the stock is owned by insiders.

CBRE Group Price Performance

CBRE opened at $136.95 on Friday. The company has a market capitalization of $40.42 billion, a price-to-earnings ratio of 35.48 and a beta of 1.33. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. The firm has a 50-day moving average price of $159.01 and a 200-day moving average price of $158.84. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27.

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

CBRE Group Company Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding CBRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBRE Group, Inc. (NYSE:CBREFree Report).

Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.