Inceptionr LLC Grows Position in CBRE Group, Inc. $CBRE

Inceptionr LLC grew its holdings in CBRE Group, Inc. (NYSE:CBRE) by 121.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,969 shares of the financial services provider’s stock after buying an additional 4,363 shares during the period. Inceptionr LLC’s holdings in CBRE Group were worth $1,117,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CBRE. WPG Advisers LLC acquired a new stake in CBRE Group in the 1st quarter valued at about $26,000. Evelyn Partners Asset Management Ltd acquired a new position in shares of CBRE Group during the 2nd quarter worth approximately $32,000. NewSquare Capital LLC grew its position in shares of CBRE Group by 40.7% in the second quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 68 shares in the last quarter. Quarry LP grew its holdings in CBRE Group by 97.4% in the 1st quarter. Quarry LP now owns 298 shares of the financial services provider’s stock valued at $39,000 after buying an additional 147 shares in the last quarter. Finally, Accredited Wealth Management LLC increased its stake in shares of CBRE Group by 338.7% in the 1st quarter. Accredited Wealth Management LLC now owns 329 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 254 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Stock Performance

Shares of CBRE stock opened at $162.29 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $48.30 billion, a P/E ratio of 40.07 and a beta of 1.39. The firm’s 50 day moving average price is $156.12 and its 200-day moving average price is $148.64. CBRE Group, Inc. has a one year low of $108.45 and a one year high of $171.00.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, October 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.15. CBRE Group had a return on equity of 20.55% and a net margin of 3.12%.The company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $10.11 billion. During the same quarter in the previous year, the company earned $1.20 earnings per share. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. CBRE Group has set its FY 2025 guidance at 6.250-6.350 EPS. As a group, equities research analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CBRE shares. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. lifted their target price on shares of CBRE Group from $143.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 26th. Evercore ISI boosted their target price on shares of CBRE Group from $164.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Weiss Ratings restated a “buy (b-)” rating on shares of CBRE Group in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of CBRE Group from $167.00 to $168.00 and gave the company a “market perform” rating in a research report on Thursday, October 9th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CBRE Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.38.

CBRE Group Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.