Swedbank AB Sells 19,152 Shares of CBRE Group, Inc. $CBRE

Swedbank AB decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 1.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,170,828 shares of the financial services provider’s stock after selling 19,152 shares during the quarter. Swedbank AB’s holdings in CBRE Group were worth $188,257,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. ORG Partners LLC grew its position in CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 119 shares in the last quarter. Navalign LLC bought a new position in shares of CBRE Group in the 4th quarter valued at about $29,000. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group in the third quarter valued at about $32,000. Bank of Jackson Hole Trust bought a new stake in CBRE Group during the third quarter worth about $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in CBRE Group during the fourth quarter valued at approximately $42,000. 98.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CBRE shares. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Barclays increased their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings upgraded shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Finally, Evercore reissued an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $180.29.

CBRE Group Trading Down 1.4%

Shares of CBRE stock opened at $144.04 on Wednesday. CBRE Group, Inc. has a 12-month low of $118.81 and a 12-month high of $174.27. The company has a market capitalization of $42.18 billion, a PE ratio of 32.81 and a beta of 1.28. The firm has a 50 day moving average price of $140.72 and a two-hundred day moving average price of $152.75. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, analysts predict that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Insider Activity

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. This represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,917 shares of company stock worth $1,463,618 over the last 90 days. 0.46% of the stock is currently owned by corporate insiders.

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.