QRG Capital Management Inc. Grows Stock Holdings in CBRE Group, Inc. $CBRE

QRG Capital Management Inc. boosted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 5.7% during the first quarter, Holdings Channel reports. The firm owned 135,635 shares of the financial services provider’s stock after purchasing an additional 7,349 shares during the quarter. QRG Capital Management Inc.’s holdings in CBRE Group were worth $18,373,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new stake in CBRE Group in the 4th quarter worth approximately $25,000. Navalign LLC bought a new position in shares of CBRE Group during the 4th quarter valued at $29,000. Ameriflex Group Inc. purchased a new position in shares of CBRE Group in the 3rd quarter worth $32,000. Sound Income Strategies LLC boosted its stake in shares of CBRE Group by 5,180.0% in the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after buying an additional 259 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of CBRE Group in the fourth quarter worth $42,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

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 transaction of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Evercore set a $169.00 price target on CBRE Group in a research note on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday. 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, CBRE Group currently has a consensus rating of “Moderate Buy” and an average price target of $178.86.

CBRE Group Trading Down 0.1%

Shares of CBRE stock opened at $141.38 on Friday. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The firm has a fifty day moving average price of $135.54 and a 200-day moving average price of $146.38. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market cap of $41.40 billion, a price-to-earnings ratio of 32.20 and a beta of 1.20.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping 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 company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm earned $0.86 EPS. CBRE Group’s revenue for the quarter 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, equities analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

CBRE Group 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.