Shares of CBRE Group, Inc. (NYSE:CBRE – Get Free Report) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $181.00.
CBRE has been the topic of several analyst reports. Evercore reaffirmed an “outperform” rating and set a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Keefe, Bruyette & Woods boosted their price objective on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Barclays raised their target price on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th.
Get Our Latest Analysis on CBRE
CBRE Group Stock Up 0.2%
CBRE Group (NYSE:CBRE – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter last year, the business posted $1.19 EPS. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, equities research analysts forecast that CBRE Group will post 7.77 earnings per share for the current fiscal year.
Insider Transactions at CBRE Group
In related news, CEO Vikramaditya Kohli sold 2,666 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the transaction, the chief executive officer directly owned 134,869 shares in the company, valued at approximately $20,230,350. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 228 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $33,810.12. Following the transaction, the insider owned 41,778 shares in the company, valued at $6,195,259.62. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,144 shares of company stock worth $767,363 over the last quarter. 0.46% of the stock is currently owned by insiders.
Institutional Trading of CBRE Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss RE Ltd. purchased a new position in shares of CBRE Group during the 4th quarter worth about $25,000. Navalign LLC purchased a new stake in CBRE Group in the fourth quarter valued at approximately $29,000. Ascentis Independent Advisors acquired a new position in CBRE Group during the first quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC acquired a new position in CBRE Group during the first quarter worth approximately $33,000. Finally, MV Capital Management Inc. purchased a new position in CBRE Group during the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
About CBRE Group
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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