Patton Fund Management Inc. Trims Stock Holdings in CBRE Group, Inc. $CBRE

Patton Fund Management Inc. lowered its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 93.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,406 shares of the financial services provider’s stock after selling 20,408 shares during the period. Patton Fund Management Inc.’s holdings in CBRE Group were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Parallel Advisors LLC lifted its position in shares of CBRE Group by 1.9% during the third quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after acquiring an additional 71 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of CBRE Group by 1.7% during the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after acquiring an additional 71 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of CBRE Group by 3.6% during the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 75 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of CBRE Group by 11.0% during the third quarter. Larson Financial Group LLC now owns 778 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 77 shares in the last quarter. Finally, Quotient Wealth Partners LLC lifted its position in shares of CBRE Group by 5.4% during the third quarter. Quotient Wealth Partners LLC now owns 1,517 shares of the financial services provider’s stock worth $239,000 after acquiring an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.42% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CBRE shares. Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Keefe, Bruyette & Woods cut their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Barclays raised their price objective on shares of CBRE Group from $174.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $180.00.

CBRE Group Price Performance

CBRE stock opened at $147.54 on Thursday. The firm has a 50 day moving average of $142.08 and a 200-day moving average of $153.81. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group, Inc. has a 12 month low of $113.74 and a 12 month high of $174.27. The firm has a market capitalization of $43.25 billion, a P/E ratio of 38.22 and a beta of 1.34.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. During the same period last year, the business earned $2.32 earnings per share. CBRE Group’s revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, sell-side analysts predict that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

CBRE Group 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.