Brasada Capital Management LP Acquires Shares of 37,217 CBRE Group, Inc. $CBRE

Brasada Capital Management LP acquired a new stake in CBRE Group, Inc. (NYSE:CBRE) in the fourth quarter, Holdings Channel reports. The fund acquired 37,217 shares of the financial services provider’s stock, valued at approximately $5,962,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Swiss RE Ltd. acquired a new stake in CBRE Group in the fourth quarter valued at approximately $25,000. Navalign LLC acquired a new stake in CBRE Group in the fourth quarter valued at approximately $29,000. Ameriflex Group Inc. acquired a new stake in CBRE Group in the third quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in CBRE Group in the fourth quarter valued at approximately $42,000. Finally, SBI Securities Co. Ltd. grew its stake in CBRE Group by 37.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Stock Up 0.9%

Shares of NYSE:CBRE opened at $133.16 on Friday. The stock has a market cap of $38.99 billion, a price-to-earnings ratio of 30.33 and a beta of 1.21. 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 12-month low of $121.69 and a 12-month high of $174.27. The business’s 50 day moving average is $138.43 and its 200 day moving average is $148.99.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) 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 analysts’ expectations of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.CBRE Group’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, sell-side analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction that occurred on 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 of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Barclays raised their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Evercore reissued an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a research note on Friday, April 24th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods lifted their target price on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.29.

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.