Gladstone Capital Management LLP Trims Holdings in CBRE Group, Inc. $CBRE

Gladstone Capital Management LLP decreased its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 44.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,097 shares of the financial services provider’s stock after selling 62,359 shares during the period. CBRE Group accounts for about 1.3% of Gladstone Capital Management LLP’s holdings, making the stock its 13th largest holding. Gladstone Capital Management LLP’s holdings in CBRE Group were worth $12,557,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of CBRE. Legal & General Group Plc increased its position in CBRE Group by 2.6% during the 3rd quarter. Legal & General Group Plc now owns 2,121,144 shares of the financial services provider’s stock valued at $334,207,000 after purchasing an additional 52,985 shares during the period. AIA Group Ltd purchased a new stake in shares of CBRE Group in the 3rd quarter worth about $1,734,000. Alberta Investment Management Corp purchased a new stake in shares of CBRE Group in the 3rd quarter worth about $5,026,000. King Luther Capital Management Corp boosted its stake in shares of CBRE Group by 554.2% during the 3rd quarter. King Luther Capital Management Corp now owns 23,602 shares of the financial services provider’s stock valued at $3,719,000 after purchasing an additional 19,994 shares in the last quarter. Finally, NEOS Investment Management LLC increased its position in shares of CBRE Group by 66.0% during the third quarter. NEOS Investment Management LLC now owns 65,343 shares of the financial services provider’s stock valued at $10,295,000 after buying an additional 25,983 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on CBRE shares. Keefe, Bruyette & Woods raised their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Barclays lifted their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was 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 of the company’s stock, valued at $14,476,709.46. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a document filed 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 owned by insiders.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $135.53 on Wednesday. The firm has a fifty day simple moving average of $138.36 and a two-hundred day simple moving average of $148.55. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $39.69 billion, a P/E ratio of 30.87 and a beta of 1.21.

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 firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations 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 was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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 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.