Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 42.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,667 shares of the financial services provider’s stock after buying an additional 20,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in CBRE Group were worth $9,302,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of CBRE. Swiss RE Ltd. acquired a new position in shares of CBRE Group during the 4th quarter valued at $25,000. Navalign LLC acquired a new stake in CBRE Group in the 4th quarter valued at $29,000. Ameriflex Group Inc. acquired a new stake in CBRE Group in the 3rd quarter valued at $32,000. Sound Income Strategies LLC raised its position in CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in CBRE Group in the fourth quarter valued at about $42,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Evercore set a $169.00 target price on CBRE Group in a research report on Tuesday. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. UBS Group restated a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Finally, Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $178.86.
CBRE Group Stock Performance
Shares of CBRE stock opened at $141.38 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company’s fifty day moving average price is $135.54 and its two-hundred day moving average price is $146.38. The firm has a market capitalization of $41.40 billion, a P/E ratio of 32.20 and a beta of 1.20. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27.
CBRE Group (NYSE:CBRE – Get Free Report) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share 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 during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the firm earned $0.86 earnings per share. The company’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, research analysts anticipate that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CFO Emma E. Giamartino sold 2,250 shares of the 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 owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% 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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