US Bancorp DE Has $11.82 Million Stock Position in CBRE Group, Inc. $CBRE

US Bancorp DE reduced its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 8.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 73,514 shares of the financial services provider’s stock after selling 7,060 shares during the quarter. US Bancorp DE’s holdings in CBRE Group were worth $11,820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. ORG Partners LLC raised 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 valued at $26,000 after purchasing an additional 119 shares during the last quarter. Ameriflex Group Inc. acquired a new position in CBRE Group during the 3rd quarter valued at $32,000. Bank of Jackson Hole Trust acquired a new position in CBRE Group during the 3rd quarter valued at $38,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in CBRE Group during the 4th quarter valued at $42,000. Finally, Caitlin John LLC acquired a new position in CBRE Group during the 3rd quarter valued at $45,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Trading Down 0.5%

Shares of CBRE Group stock opened at $142.02 on Friday. The firm has a market capitalization of $41.59 billion, a PE ratio of 32.35 and a beta of 1.28. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company’s fifty day moving average price is $140.94 and its two-hundred day moving average price is $153.35. CBRE Group, Inc. has a 52-week low of $118.81 and a 52-week high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.72 EPS for the current year.

Insider Buying and Selling at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the company’s 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 sale, the chief financial officer directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,810 shares of company stock worth $1,448,600 in the last three months. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

CBRE has been the subject of several research analyst reports. Barclays upped their target price on shares of CBRE Group from $174.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Weiss Ratings upgraded shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Finally, Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $179.86.

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.