CBRE Group, Inc. $CBRE Shares Purchased by Entropy Technologies LP

Entropy Technologies LP increased its stake in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 185.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 47,872 shares of the financial services provider’s stock after acquiring an additional 31,107 shares during the period. Entropy Technologies LP’s holdings in CBRE Group were worth $7,697,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Swiss RE Ltd. purchased a new stake in CBRE Group during the 4th quarter worth approximately $25,000. Navalign LLC purchased a new stake in CBRE Group during the 4th quarter worth approximately $29,000. Ameriflex Group Inc. purchased a new stake in CBRE Group during the 3rd quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CBRE Group during the 4th quarter worth approximately $42,000. Finally, SBI Securities Co. Ltd. increased its holdings in CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares during the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s 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 in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

Shares of NYSE CBRE opened at $133.16 on Friday. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $38.99 billion, a price-to-earnings ratio of 30.33 and a beta of 1.21. The business has a 50 day simple moving average of $138.43 and a 200-day simple moving average of $148.99.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings results 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. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the business earned $0.86 EPS. The business’s quarterly 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 research analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Analyst Ratings Changes

CBRE has been the topic of several analyst reports. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Finally, Barclays lifted their price objective on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $180.29.

View Our Latest Stock Report on CBRE

CBRE Group Profile

(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.

Further Reading

Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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