Aware Super Pty Ltd as trustee of Aware Super Takes $5.92 Million Position in CBRE Group, Inc. $CBRE

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in CBRE Group, Inc. (NYSE:CBREFree Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 43,688 shares of the financial services provider’s stock, valued at approximately $5,918,000.

A number of other hedge funds also recently bought and sold shares of CBRE. Swiss RE Ltd. bought a new stake in CBRE Group during the 4th quarter valued at about $25,000. Navalign LLC purchased a new position in CBRE Group in the fourth quarter worth about $29,000. Ascentis Independent Advisors bought a new position in shares of CBRE Group in the first quarter worth approximately $30,000. Sound Income Strategies LLC grew its holdings in shares of CBRE Group by 5,180.0% during the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after buying an additional 259 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CBRE Group during the fourth quarter valued at approximately $42,000. Institutional investors own 98.41% of the company’s stock.

CBRE Group Trading Down 1.9%

Shares of CBRE Group stock opened at $140.89 on Friday. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two 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 company has a market capitalization of $41.26 billion, a P/E ratio of 32.09 and a beta of 1.20. The company has a fifty day moving average of $134.43 and a 200 day moving average of $144.83.

CBRE Group (NYSE:CBREGet Free Report) last announced its quarterly earnings data 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 net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the firm posted $0.86 EPS. The company’s 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. On average, sell-side analysts anticipate that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Keefe, Bruyette & Woods increased their target price on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Evercore set a $169.00 price target on CBRE Group in a research note on Tuesday, June 30th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Finally, Barclays boosted 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. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, CBRE Group presently has an average rating of “Moderate Buy” and an average target price of $178.86.

Get Our Latest Stock Analysis on CBRE Group

Insiders Place Their Bets

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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.

About CBRE Group

(Free Report)

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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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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