Swiss National Bank Sells 48,400 Shares of CBRE Group, Inc. $CBRE

Swiss National Bank cut its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 5.3% during the third quarter, HoldingsChannel.com reports. The firm owned 859,300 shares of the financial services provider’s stock after selling 48,400 shares during the quarter. Swiss National Bank’s holdings in CBRE Group were worth $135,391,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC grew its position in shares of CBRE Group by 264.4% during 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 period. Ameriflex Group Inc. bought a new stake in shares of CBRE Group during the third quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in CBRE Group in the second quarter valued at approximately $30,000. Evelyn Partners Asset Management Ltd acquired a new position in CBRE Group in the second quarter valued at approximately $32,000. Finally, Bank of Jackson Hole Trust bought a new position in CBRE Group in the third quarter valued at approximately $38,000. Institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.42% of the stock is currently owned by corporate insiders.

CBRE Group Stock Up 0.0%

Shares of NYSE CBRE opened at $136.89 on Tuesday. CBRE Group, Inc. has a 52-week low of $108.45 and a 52-week high of $174.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $40.40 billion, a P/E ratio of 35.46 and a beta of 1.33. The firm has a 50 day moving average price of $158.47 and a 200 day moving average price of $158.66.

CBRE Group (NYSE:CBRE) last posted its earnings results 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 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 business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analyst Ratings Changes

A number of analysts have commented on CBRE shares. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Keefe, Bruyette & Woods decreased their price objective on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, 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 report on Sunday, February 22nd. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $182.43.

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.