RFG Advisory LLC Invests $500,000 in CBRE Group, Inc. $CBRE

RFG Advisory LLC purchased a new position in shares of CBRE Group, Inc. (NYSE:CBRE) in the first quarter, HoldingsChannel.com reports. The fund purchased 3,688 shares of the financial services provider’s stock, valued at approximately $500,000.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in CBRE Group in the fourth quarter valued at approximately $643,405,000. Viking Global Investors LP bought a new stake in shares of CBRE Group during the 3rd quarter valued at $190,648,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of CBRE Group by 5,115.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after purchasing an additional 997,848 shares during the period. XN LP acquired a new position in shares of CBRE Group in the 4th quarter valued at $147,134,000. Finally, Invesco Ltd. boosted its position in shares of CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after purchasing an additional 862,656 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CBRE. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Keefe, Bruyette & Woods boosted their target price on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Evercore reiterated an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.29.

CBRE Group Price Performance

CBRE stock opened at $136.10 on Tuesday. The stock has a 50-day moving average price of $136.57 and a two-hundred day moving average price of $146.86. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The stock has a market cap of $39.85 billion, a PE ratio of 31.00 and a beta of 1.22. 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 (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities analysts forecast that CBRE Group, Inc. will post 7.65 EPS for the current fiscal 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.