Man Group plc raised its holdings in CBRE Group, Inc. (NYSE:CBRE – Free Report) by 51.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 680,502 shares of the financial services provider’s stock after buying an additional 232,119 shares during the quarter. Man Group plc owned about 0.23% of CBRE Group worth $109,418,000 at the end of the most recent quarter.
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 in the 4th quarter worth approximately $25,000. Navalign LLC bought a new stake in shares of CBRE Group in the 4th quarter worth approximately $29,000. Ameriflex Group Inc. bought a new stake in shares of CBRE Group in the 3rd quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of CBRE Group in the 4th quarter worth approximately $42,000. Finally, SBI Securities Co. Ltd. boosted its position in shares of CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 73 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
CBRE has been the topic of several research reports. Keefe, Bruyette & Woods lifted their price target on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. UBS Group reiterated a “buy” rating on shares of CBRE Group in a research note on Wednesday. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Finally, Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.29.
CBRE Group Stock Performance
NYSE:CBRE opened at $130.88 on Thursday. The stock has a 50-day simple moving average of $138.26 and a two-hundred day simple moving average of $148.32. 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 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $38.32 billion, a PE ratio of 29.81 and a beta of 1.21.
CBRE Group (NYSE:CBRE – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) 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 business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. CBRE Group’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. Analysts forecast that CBRE Group, Inc. will post 7.65 EPS for the current year.
Insider Transactions at CBRE Group
In other news, CFO Emma E. Giamartino sold 2,250 shares of the company’s 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 $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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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