Commerzbank Aktiengesellschaft FI purchased a new position in CBRE Group, Inc. (NYSE:CBRE – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,593 shares of the financial services provider’s stock, valued at approximately $484,000.
Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after acquiring an additional 11,065 shares during the period. Woodline Partners LP lifted its holdings in CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after acquiring an additional 6,908 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after buying an additional 179 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of CBRE Group by 41.3% during the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock worth $3,474,000 after acquiring an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC boosted its position in shares of CBRE Group by 54.6% in the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after purchasing an additional 1,728 shares during the period. 98.41% of the stock is currently owned by institutional investors.
Insider Activity at CBRE Group
In related news, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the transaction, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider owned 41,778 shares of the company’s stock, valued at approximately $6,195,259.62. This represents a 0.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 5,144 shares of company stock valued at $767,363. 0.46% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on CBRE
CBRE Group Stock Down 0.4%
NYSE CBRE opened at $147.30 on Wednesday. The stock has a market capitalization of $42.66 billion, a P/E ratio of 33.78 and a beta of 1.18. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a fifty day moving average of $140.73 and a 200-day moving average of $141.47.
CBRE Group (NYSE:CBRE – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, equities research analysts forecast that CBRE Group, Inc. will post 7.77 EPS for the current 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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