Banque Cantonale Vaudoise Reduces Stock Holdings in CBRE Group, Inc. $CBRE

Banque Cantonale Vaudoise lessened its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 30.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 15,291 shares of the financial services provider’s stock after selling 6,807 shares during the period. Banque Cantonale Vaudoise’s holdings in CBRE Group were worth $2,071,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC raised its stake in CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after purchasing an additional 11,065 shares during the last quarter. Woodline Partners LP lifted its holdings in CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after purchasing an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of CBRE Group by 67.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 179 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of CBRE Group by 41.3% during the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock worth $3,474,000 after purchasing an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC grew its holdings in shares of CBRE Group by 54.6% during the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after buying an additional 1,728 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Evercore reissued an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Keefe, Bruyette & Woods lifted their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, UBS Group restated a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $180.29.

CBRE Group Price Performance

CBRE opened at $137.38 on Friday. 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, Inc. has a 52-week low of $121.69 and a 52-week high of $174.27. The company has a 50 day moving average of $136.80 and a two-hundred day moving average of $147.06. The company has a market cap of $40.23 billion, a P/E ratio of 31.29 and a beta of 1.21.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. The business had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the transaction, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. 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. 0.46% of the stock is owned by company insiders.

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.