Triad Investment Management Buys Shares of 10,226 CBRE Group, Inc. $CBRE

Triad Investment Management purchased a new position in shares of CBRE Group, Inc. (NYSE:CBRE) in the fourth quarter, Holdings Channel reports. The fund purchased 10,226 shares of the financial services provider’s stock, valued at approximately $1,644,000. CBRE Group comprises 1.7% of Triad Investment Management’s holdings, making the stock its 25th largest holding.

A number of other large investors also recently modified their holdings of CBRE. State Street Corp raised its stake in shares of CBRE Group by 0.8% during the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after purchasing an additional 105,586 shares in the last quarter. Principal Financial Group Inc. grew its position in CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after buying an additional 809,796 shares in the last quarter. Invesco Ltd. grew its position in CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after buying an additional 862,656 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in CBRE Group by 13.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock valued at $704,610,000 after buying an additional 532,151 shares during the period. Finally, Artisan Partners Limited Partnership increased its stake in CBRE Group by 8.8% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock valued at $633,705,000 after buying an additional 323,998 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction on Thursday, February 26th. The stock was 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 $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,810 shares of company stock worth $1,448,600 in the last ninety days. 0.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reduced their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Barclays cut their target price on CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.86.

CBRE Group Stock Performance

Shares of CBRE opened at $134.63 on Thursday. The firm’s 50 day moving average is $147.58 and its 200-day moving average is $155.25. The stock has a market capitalization of $39.74 billion, a P/E ratio of 34.88 and a beta of 1.34. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, February 12th. The financial services provider reported $2.73 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 for the quarter, compared to the consensus estimate of $11.67 billion. During the same period in the previous year, the firm earned $2.32 EPS. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

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.