Emma Giamartino Sells 9,223 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 9,223 shares of CBRE Group stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the transaction, the chief financial officer owned 126,501 shares in the company, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CBRE Group Price Performance

Shares of CBRE traded down $2.59 during mid-day trading on Friday, reaching $147.41. The company had a trading volume of 3,371,234 shares, compared to its average volume of 2,296,411. The company’s 50 day simple moving average is $161.31 and its 200 day simple moving average is $159.42. CBRE Group, Inc. has a 1-year low of $108.45 and a 1-year high of $174.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $43.51 billion, a price-to-earnings ratio of 38.19 and a beta of 1.34.

CBRE Group (NYSE:CBREGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.67 billion. During the same period in the prior year, the company earned $2.32 EPS. The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on CBRE. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Barclays upped their price target on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Finally, Keefe, Bruyette & Woods lowered their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $182.43.

View Our Latest Analysis on CBRE Group

Institutional Investors Weigh In On CBRE Group

A number of hedge funds have recently added to or reduced their stakes in CBRE. Brighton Jones LLC boosted its holdings in shares of CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after buying an additional 11,065 shares in the last quarter. Woodline Partners LP boosted its stake in CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after acquiring an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in CBRE Group by 67.0% in the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 179 shares during the period. Wealthfront Advisers LLC increased its stake in CBRE Group by 37.6% in the second quarter. Wealthfront Advisers LLC now owns 23,172 shares of the financial services provider’s stock valued at $3,247,000 after purchasing an additional 6,336 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its holdings in shares of CBRE Group by 27.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 7,814 shares of the financial services provider’s stock valued at $1,095,000 after purchasing an additional 1,665 shares during the period. 98.41% of the stock is currently owned by institutional investors.

CBRE Group Company Profile

(Get 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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Insider Buying and Selling by Quarter for CBRE Group (NYSE:CBRE)

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