CBRE Group, Inc. $CBRE Shares Bought by Rathbones Group PLC

Rathbones Group PLC grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 30.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 434,466 shares of the financial services provider’s stock after purchasing an additional 102,178 shares during the quarter. Rathbones Group PLC owned approximately 0.15% of CBRE Group worth $68,454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vinva Investment Management Ltd lifted its holdings in shares of CBRE Group by 22.8% in the 3rd quarter. Vinva Investment Management Ltd now owns 225,557 shares of the financial services provider’s stock worth $35,855,000 after purchasing an additional 41,866 shares during the last quarter. Parallel Advisors LLC grew its stake in CBRE Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after buying an additional 71 shares during the last quarter. Meiji Yasuda Life Insurance Co acquired a new stake in CBRE Group in the third quarter worth $362,000. Natixis Advisors LLC increased its position in CBRE Group by 4.9% in the third quarter. Natixis Advisors LLC now owns 1,288,799 shares of the financial services provider’s stock worth $203,063,000 after buying an additional 60,506 shares during the period. Finally, Korea Investment CORP lifted its stake in CBRE Group by 88.0% in the third quarter. Korea Investment CORP now owns 456,658 shares of the financial services provider’s stock valued at $71,951,000 after buying an additional 213,781 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Price Performance

Shares of CBRE opened at $136.95 on Friday. The firm 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 debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. CBRE Group, Inc. has a one year low of $108.45 and a one year high of $174.27. The stock’s fifty day moving average is $159.01 and its 200-day moving average is $158.83.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.05. The business had revenue of $11.63 billion during the quarter, compared to the consensus estimate 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 prior year, the company posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value 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 $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.42% of the stock is owned by company insiders.

CBRE Group 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.