USS Investment Management Ltd Increases Holdings in CBRE Group, Inc. $CBRE

USS Investment Management Ltd lifted its holdings in CBRE Group, Inc. (NYSE:CBRE) by 10.0% in the first quarter, Holdings Channel reports. The fund owned 50,528 shares of the financial services provider’s stock after purchasing an additional 4,595 shares during the quarter. USS Investment Management Ltd’s holdings in CBRE Group were worth $6,846,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Legal & General Group Plc lifted its holdings in shares of CBRE Group by 2.6% in the 3rd quarter. Legal & General Group Plc now owns 2,121,144 shares of the financial services provider’s stock worth $334,207,000 after acquiring an additional 52,985 shares during the last quarter. AIA Group Ltd bought a new position in CBRE Group during the 3rd quarter valued at about $1,734,000. Fisher Asset Management LLC raised its position in CBRE Group by 96.1% in the 3rd quarter. Fisher Asset Management LLC now owns 43,533 shares of the financial services provider’s stock worth $6,859,000 after purchasing an additional 21,328 shares during the period. Abacus Wealth Partners LLC purchased a new stake in CBRE Group in the 4th quarter worth about $2,147,000. Finally, Flputnam Investment Management Co. lifted its stake in CBRE Group by 39.5% in the fourth quarter. Flputnam Investment Management Co. now owns 137,524 shares of the financial services provider’s stock worth $22,112,000 after purchasing an additional 38,944 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Evercore set a $169.00 target price on CBRE Group in a research report on Tuesday. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Barclays raised 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. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Keefe, Bruyette & Woods upped their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $141.38 on Friday. The firm’s 50 day simple moving average is $135.78 and its 200-day simple moving average is $146.42. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The firm has a market cap of $41.40 billion, a PE ratio of 32.20 and a beta of 1.20.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm 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 business earned $0.86 earnings per share. CBRE Group’s quarterly revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts predict that CBRE Group, Inc. will post 7.65 EPS for the current year.

Insiders Place Their Bets

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on 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 sale, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.

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.