Pacer Advisors Inc. Sells 8,541 Shares of CBRE Group, Inc. $CBRE

Pacer Advisors Inc. lowered its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 37.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 14,522 shares of the financial services provider’s stock after selling 8,541 shares during the period. Pacer Advisors Inc.’s holdings in CBRE Group were worth $1,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its stake in CBRE Group by 322.9% during the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after acquiring an additional 11,065 shares in the last quarter. Woodline Partners LP boosted its stake in shares of CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after purchasing an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of CBRE Group by 67.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after purchasing an additional 179 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of CBRE Group by 41.3% during the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after purchasing an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC increased its position in CBRE Group by 54.6% during the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after purchasing an additional 1,728 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CBRE Group

In other news, CEO Vikramaditya Kohli sold 2,666 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the transaction, the chief executive officer owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction 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 transaction, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Evercore reaffirmed an “outperform” rating and set a $175.00 target price on shares of CBRE Group in a research note on Thursday, July 30th. UBS Group upped their price target on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Keefe, Bruyette & Woods increased their price target on CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $180.57.

CBRE Group Stock Performance

CBRE Group stock opened at $147.92 on Friday. The business has a 50 day moving average of $138.12 and a 200-day moving average of $142.70. The company has a market capitalization of $42.83 billion, a P/E ratio of 33.93 and a beta of 1.18. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14.

CBRE Group (NYSE:CBRE) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping the consensus estimate of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same period last year, the company earned $1.19 EPS. The firm’s revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, equities research analysts predict that CBRE Group, Inc. will post 7.77 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.