NEOS Investment Management LLC Raises Holdings in CBRE Group, Inc. $CBRE

NEOS Investment Management LLC increased its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 6.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,956 shares of the financial services provider’s stock after acquiring an additional 7,046 shares during the period. NEOS Investment Management LLC’s holdings in CBRE Group were worth $14,675,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CBRE. Norges Bank acquired a new position in CBRE Group in the fourth quarter valued at approximately $643,405,000. Swedbank AB grew its stake in shares of CBRE Group by 119.6% during the 1st quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock worth $348,306,000 after purchasing an additional 1,400,452 shares during the period. Viking Global Investors LP acquired a new stake in shares of CBRE Group during the 3rd quarter worth approximately $190,648,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after purchasing an additional 997,848 shares in the last quarter. Finally, XN LP purchased a new position in shares of CBRE Group during the 4th quarter valued at approximately $147,134,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, insider Chad Doellinger sold 228 shares of CBRE Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $33,810.12. Following the sale, the insider owned 41,778 shares of the company’s stock, valued at $6,195,259.62. The trade was a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the sale, the chief financial officer directly owned 108,479 shares of the company’s stock, valued at $16,086,350.91. The trade was a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,144 shares of company stock worth $767,363. Corporate insiders own 0.46% of the company’s stock.

CBRE Group Trading Down 0.7%

CBRE stock opened at $147.71 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27. The stock has a market cap of $42.77 billion, a price-to-earnings ratio of 33.88 and a beta of 1.19. The business’s 50-day moving average is $144.87 and its 200 day moving average is $140.44.

CBRE Group (NYSE:CBRE) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter last year, the business posted $1.19 earnings per share. The business’s quarterly 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, sell-side analysts anticipate that CBRE Group, Inc. will post 7.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. UBS Group increased 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. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Evercore reiterated an “outperform” rating and issued a $175.00 price objective on shares of CBRE Group in a research report on Thursday, July 30th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Keefe, Bruyette & Woods lifted 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. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.33.

CBRE Group Company 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.