Emma Giamartino Sells 2,250 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the transaction, the chief financial officer owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This trade represents a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Down 1.7%

Shares of CBRE stock opened at $128.16 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $37.53 billion, a P/E ratio of 29.19 and a beta of 1.28. The company has a 50 day moving average price of $139.81 and a 200 day moving average price of $151.77. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27.

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

Institutional Investors Weigh In On CBRE Group

Large investors have recently modified their holdings of the company. State Street Corp boosted its holdings in shares of CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after buying an additional 105,586 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of CBRE Group by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock valued at $1,337,051,000 after buying an additional 302,426 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of CBRE Group by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after buying an additional 151,027 shares in the last quarter. Harris Associates L P boosted its holdings in shares of CBRE Group by 0.6% in the 4th quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock valued at $1,114,053,000 after buying an additional 38,646 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in shares of CBRE Group by 6.4% in the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock valued at $1,075,849,000 after buying an additional 403,489 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CBRE has been the subject of several analyst reports. Weiss Ratings upgraded shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Barclays increased their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CBRE Group has a consensus rating of “Buy” and a consensus target price of $180.29.

View Our Latest Analysis on CBRE

About CBRE Group

(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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