13,224 Shares in CBRE Group, Inc. $CBRE Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC bought a new position in shares of CBRE Group, Inc. (NYSE:CBRE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,224 shares of the financial services provider’s stock, valued at approximately $2,126,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Allstate Corp grew its holdings in shares of CBRE Group by 101.0% during the fourth quarter. Allstate Corp now owns 23,063 shares of the financial services provider’s stock worth $3,708,000 after purchasing an additional 11,587 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of CBRE Group by 7.4% during the fourth quarter. Fisher Asset Management LLC now owns 46,751 shares of the financial services provider’s stock worth $7,517,000 after purchasing an additional 3,218 shares in the last quarter. Clearstead Advisors LLC lifted its stake in CBRE Group by 11.3% during the fourth quarter. Clearstead Advisors LLC now owns 10,320 shares of the financial services provider’s stock worth $1,659,000 after purchasing an additional 1,049 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in CBRE Group during the fourth quarter worth about $481,000. Finally, Evoke Wealth LLC lifted its stake in CBRE Group by 14.4% during the fourth quarter. Evoke Wealth LLC now owns 3,623 shares of the financial services provider’s stock worth $583,000 after purchasing an additional 456 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 0.2%

CBRE opened at $130.02 on Thursday. The company has a market cap of $38.07 billion, a P/E ratio of 29.62 and a beta of 1.28. The business’s 50-day moving average price is $139.40 and its 200-day moving average price is $150.90. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 12 month low of $121.83 and a 12 month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts expect that CBRE Group, Inc. will post 7.72 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CBRE shares. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Barclays lifted their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Keefe, Bruyette & Woods lifted their price target on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $180.29.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group 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 transaction, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 471 shares of CBRE Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the transaction, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,944 shares of company stock worth $387,153. Company insiders own 0.46% of the company’s stock.

CBRE Group Company 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.