Hahn Capital Management LLC lowered its stake in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 5.9% during the 4th quarter, HoldingsChannel reports. The fund owned 91,480 shares of the financial services provider’s stock after selling 5,697 shares during the period. CBRE Group comprises 7.9% of Hahn Capital Management LLC’s portfolio, making the stock its biggest holding. Hahn Capital Management LLC’s holdings in CBRE Group were worth $14,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Swiss RE Ltd. bought a new stake in shares of CBRE Group during the 4th quarter valued at $25,000. Navalign LLC bought a new position in CBRE Group in the 4th quarter worth about $29,000. Ameriflex Group Inc. bought a new position in CBRE Group in the 3rd quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in CBRE Group during the 4th quarter valued at about $42,000. Finally, MV Capital Management Inc. purchased a new position in CBRE Group during the 4th quarter valued at about $42,000. 98.41% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on CBRE. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Evercore reissued an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.29.
Insider Buying and Selling at CBRE Group
In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed 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.
CBRE Group Price Performance
Shares of NYSE CBRE opened at $131.36 on Friday. The firm has a market capitalization of $38.47 billion, a P/E ratio of 29.92 and a beta of 1.21. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock’s 50-day simple moving average is $138.12 and its two-hundred day simple moving average is $148.11. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27.
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) 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 firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the company posted $0.86 EPS. The company’s revenue for the quarter 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 analysts anticipate that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.
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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