University of Texas Texas AM Investment Management Co. Makes New $4.25 Million Investment in CBRE Group, Inc. $CBRE

University of Texas Texas AM Investment Management Co. acquired a new position in CBRE Group, Inc. (NYSE:CBRE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,349 shares of the financial services provider’s stock, valued at approximately $4,253,000. CBRE Group makes up approximately 0.7% of University of Texas Texas AM Investment Management Co.’s portfolio, making the stock its 29th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in CBRE Group by 322.9% in the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after purchasing an additional 11,065 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of CBRE Group by 60.5% during the 1st quarter. GAMMA Investing LLC now owns 9,875 shares of the financial services provider’s stock valued at $1,291,000 after acquiring an additional 3,722 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in CBRE Group by 21.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,404 shares of the financial services provider’s stock worth $968,000 after acquiring an additional 1,310 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in CBRE Group by 687.1% in the first quarter. Golden State Wealth Management LLC now owns 244 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 213 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in CBRE Group by 8.7% in the first quarter. Sequoia Financial Advisors LLC now owns 9,769 shares of the financial services provider’s stock worth $1,278,000 after purchasing an additional 783 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Down 0.6%

CBRE stock opened at $163.28 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $48.58 billion, a PE ratio of 40.32 and a beta of 1.36. The stock’s 50 day moving average is $159.91 and its 200-day moving average is $143.17. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $171.00.

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

Insider Activity at CBRE Group

In related news, CEO Vikramaditya Kohli sold 1,000 shares of CBRE Group stock in a transaction on Monday, August 11th. The stock was sold at an average price of $154.90, for a total transaction of $154,900.00. Following the sale, the chief executive officer directly owned 111,473 shares in the company, valued at approximately $17,267,167.70. This trade represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lindsey S. Caplan sold 1,494 shares of the firm’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $155.37, for a total value of $232,122.78. Following the sale, the chief accounting officer directly owned 26,717 shares of the company’s stock, valued at approximately $4,151,020.29. This represents a 5.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,494 shares of company stock valued at $857,593. 0.42% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CBRE has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of CBRE Group from $143.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CBRE Group in a report on Friday. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $167.00 to $168.00 and gave the company a “market perform” rating in a research note on Thursday, October 9th. Evercore ISI upped their target price on CBRE Group from $164.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Finally, Raymond James Financial increased their target price on CBRE Group from $163.00 to $166.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, CBRE Group currently has an average rating of “Moderate Buy” and a consensus price target of $171.89.

About CBRE Group

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.