CBRE Group (NYSE:CBRE) Insider Chad Doellinger Sells 116 Shares

CBRE Group, Inc. (NYSE:CBREGet Free Report) insider Chad Doellinger sold 116 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $130.06, for a total transaction of $15,086.96. Following the sale, the insider owned 42,403 shares in the company, valued at $5,514,934.18. This trade represents a 0.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

CBRE Group Stock Down 0.6%

Shares of CBRE stock traded down $0.78 during trading on Thursday, reaching $131.71. The company’s stock had a trading volume of 3,557,060 shares, compared to its average volume of 2,325,178. CBRE Group, Inc. has a 1-year low of $108.45 and a 1-year high of $174.27. The stock’s 50-day moving average price is $156.74 and its 200 day moving average price is $158.09. The company has a market capitalization of $38.88 billion, a price-to-earnings ratio of 34.12 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09.

CBRE Group (NYSE:CBREGet Free Report) 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. 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 firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, research analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Institutional Investors Weigh In On CBRE Group

Several large investors have recently modified their holdings of the company. Swiss RE Ltd. acquired a new position in shares of CBRE Group in the 4th quarter valued at $25,000. ORG Partners LLC boosted its stake in 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 purchasing an additional 119 shares during the period. Navalign LLC purchased a new position in CBRE Group during the 4th quarter worth $29,000. Twin Peaks Wealth Advisors LLC acquired a new position in CBRE Group in the second quarter valued at $30,000. Finally, Evelyn Partners Asset Management Ltd purchased a new stake in shares of CBRE Group in the second quarter valued at about $32,000. 98.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CBRE. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Barclays boosted their price target 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. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. 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 research note on Friday, February 13th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $182.43.

View Our Latest Report on CBRE Group

CBRE Group Company Profile

(Get 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.

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