CBRE Group, Inc. $CBRE Shares Acquired by TD Asset Management Inc

TD Asset Management Inc lifted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 9.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572,277 shares of the financial services provider’s stock after purchasing an additional 48,069 shares during the quarter. TD Asset Management Inc’s holdings in CBRE Group were worth $92,016,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Navalign LLC purchased a new stake in shares of CBRE Group during the fourth quarter worth approximately $29,000. Ameriflex Group Inc. purchased a new stake in shares of CBRE Group during the third quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CBRE Group during the fourth quarter worth approximately $42,000. SBI Securities Co. Ltd. raised its stake in shares of CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares during the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of CBRE Group during the third quarter worth approximately $45,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 3.9%

CBRE Group stock opened at $130.95 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $38.34 billion, a price-to-earnings ratio of 29.83 and a beta of 1.21. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The stock’s fifty day moving average is $138.55 and its two-hundred day moving average is $149.77.

CBRE Group (NYSE:CBRE) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate 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%.CBRE Group’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Analysts predict that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CBRE has been the subject of several analyst reports. Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Evercore restated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.29.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This trade represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,944 shares of company stock worth $387,153 in the last three months. 0.46% of the stock is 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.