SG Americas Securities LLC Has $86.92 Million Stock Holdings in CBRE Group, Inc. $CBRE

SG Americas Securities LLC boosted its holdings in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 571.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 641,686 shares of the financial services provider’s stock after purchasing an additional 546,160 shares during the period. SG Americas Securities LLC’s holdings in CBRE Group were worth $86,923,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CBRE. Swiss RE Ltd. bought a new stake in shares of CBRE Group in the 4th quarter valued at approximately $25,000. Navalign LLC bought a new position in shares of CBRE Group during the 4th quarter worth approximately $29,000. Ameriflex Group Inc. bought a new position in shares of CBRE Group during the 3rd quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in CBRE Group in the 4th quarter valued at $42,000. Finally, MV Capital Management Inc. acquired a new stake in CBRE Group in the 4th quarter valued at $42,000. 98.41% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated 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 transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research note on Friday, April 24th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Wednesday. 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 research report on Tuesday, May 5th. Finally, Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.29.

View Our Latest Analysis on CBRE Group

CBRE Group Stock Down 0.1%

NYSE CBRE opened at $131.36 on Monday. The stock’s 50 day simple moving average is $137.90 and its 200 day simple moving average is $147.91. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The firm has a market cap of $38.47 billion, a PE ratio of 29.92 and a beta of 1.22. 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 (NYSE:CBREGet Free Report) 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 the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, sell-side analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

CBRE Group Company 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.

Recommended Stories

Want to see what other hedge funds are holding CBRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBRE Group, Inc. (NYSE:CBREFree Report).

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

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.