Virtu Financial LLC bought a new position in CBRE Group, Inc. (NYSE:CBRE – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 7,368 shares of the financial services provider’s stock, valued at approximately $1,185,000.
Several other institutional investors have also recently made changes to their positions in the company. MV Capital Management Inc. purchased a new position in shares of CBRE Group during the fourth quarter worth about $42,000. Dean Capital Management raised its position in CBRE Group by 3.2% in the 4th quarter. Dean Capital Management now owns 13,020 shares of the financial services provider’s stock worth $2,093,000 after purchasing an additional 405 shares during the period. Van Diest Capital LLC purchased a new position in shares of CBRE Group in the fourth quarter worth about $206,000. Compound Planning Inc. lifted its position in CBRE Group by 10.6% in the fourth quarter. Compound Planning Inc. now owns 5,933 shares of the financial services provider’s stock valued at $954,000 after purchasing an additional 570 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its holdings in CBRE Group by 84.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,480 shares of the financial services provider’s stock valued at $399,000 after buying an additional 1,135 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research note on Wednesday. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Barclays upped their target price on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.29.
Insider Activity
In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, 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 legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by insiders.
CBRE Group Trading Down 0.1%
Shares of NYSE:CBRE opened at $131.36 on Friday. The company has a market cap of $38.47 billion, a P/E ratio of 29.92 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The stock’s fifty day moving average price is $137.90 and its 200-day moving average price is $147.99.
CBRE Group (NYSE:CBRE – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm posted $0.86 earnings per share. CBRE Group’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Sell-side analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current year.
CBRE Group Company 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.
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