Zurcher Kantonalbank Zurich Cantonalbank Has $24.35 Million Holdings in CBRE Group, Inc. $CBRE

Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in CBRE Group, Inc. (NYSE:CBRE) by 19.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 151,449 shares of the financial services provider’s stock after selling 37,364 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in CBRE Group were worth $24,351,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Krilogy Financial LLC acquired a new position in CBRE Group in the fourth quarter valued at approximately $326,000. Bayforest Capital Ltd acquired a new position in CBRE Group in the fourth quarter valued at approximately $69,000. Atlantic Edge Private Wealth Management LLC lifted its stake in CBRE Group by 3.1% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 11,636 shares of the financial services provider’s stock valued at $1,871,000 after buying an additional 355 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its stake in CBRE Group by 6.5% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 11,364 shares of the financial services provider’s stock valued at $1,827,000 after buying an additional 691 shares during the period. Finally, Werba Rubin Papier Wealth Management acquired a new position in CBRE Group in the fourth quarter valued at approximately $207,000. 98.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on CBRE. Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Keefe, Bruyette & Woods lowered their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Finally, Barclays upped their target price on CBRE Group from $174.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.00.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,810 shares of company stock valued at $1,448,600 over the last three months. 0.46% of the stock is currently owned by insiders.

CBRE Group Trading Down 1.7%

NYSE CBRE opened at $150.02 on Wednesday. The firm has a market capitalization of $43.98 billion, a P/E ratio of 38.86 and a beta of 1.34. The business has a fifty day simple moving average of $140.57 and a 200 day simple moving average of $153.61. CBRE Group, Inc. has a 12 month low of $116.52 and a 12 month high of $174.27. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. The business had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.CBRE Group’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, analysts predict that CBRE Group, Inc. will post 7.43 EPS 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.