Swiss Life Asset Management Ltd increased its holdings in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,976 shares of the financial services provider’s stock after purchasing an additional 4,841 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in CBRE Group were worth $16,236,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC grew its position in shares of CBRE Group by 264.4% during the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 119 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in shares of CBRE Group during the third quarter worth about $32,000. Bank of Jackson Hole Trust purchased a new position in CBRE Group during the 3rd quarter valued at approximately $38,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in CBRE Group during the 4th quarter valued at approximately $42,000. Finally, SBI Securities Co. Ltd. grew its holdings in CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Insiders Place Their Bets
In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction 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 transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction 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 transaction, the insider owned 42,519 shares in the company, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,917 shares of company stock worth $1,463,618 in the last quarter. Company insiders own 0.46% of the company’s stock.
CBRE Group Trading Down 0.1%
CBRE Group (NYSE:CBRE – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business posted $0.86 earnings per share. The business’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current year.
Analyst Upgrades and Downgrades
CBRE has been the subject of several research analyst reports. Evercore restated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Barclays increased their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $180.29.
Get Our Latest Stock Analysis on CBRE Group
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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