Louisbourg Investments Inc. Acquires 4,900 Shares of CBRE Group, Inc. $CBRE

Louisbourg Investments Inc. boosted its holdings in CBRE Group, Inc. (NYSE:CBRE) by 23.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,241 shares of the financial services provider’s stock after purchasing an additional 4,900 shares during the quarter. Louisbourg Investments Inc.’s holdings in CBRE Group were worth $3,555,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CBRE. Norges Bank acquired a new stake in shares of CBRE Group in the fourth quarter valued at approximately $643,405,000. Viking Global Investors LP acquired a new stake in CBRE Group during the third quarter worth approximately $190,648,000. Northwestern Mutual Wealth Management Co. increased its stake in CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after acquiring an additional 997,848 shares during the period. XN LP acquired a new position in CBRE Group in the 4th quarter valued at $147,134,000. Finally, Invesco Ltd. raised its holdings in CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after acquiring an additional 862,656 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling

In other news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on CBRE. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. UBS Group restated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Barclays increased their target price on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Finally, Evercore reiterated an “outperform” rating and set a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, CBRE Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

CBRE Group Trading Up 2.1%

NYSE CBRE opened at $137.38 on Friday. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The company has a market cap of $40.23 billion, a price-to-earnings ratio of 31.29 and a beta of 1.21. The business has a 50 day moving average price of $136.80 and a 200-day moving average price of $147.06. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the company earned $0.86 earnings per share. The business’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

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.