CBRE Group (NYSE:CBRE) CFO Sells $333,652.50 in Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the sale, the chief financial officer directly owned 108,479 shares of the company’s stock, valued at $16,086,350.91. The trade was a 2.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Down 0.1%

CBRE opened at $152.75 on Monday. The firm’s fifty day moving average is $140.17 and its two-hundred day moving average is $141.78. The firm has a market cap of $44.23 billion, a PE ratio of 35.04 and a beta of 1.18. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.09. The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.CBRE Group’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts anticipate that CBRE Group, Inc. will post 7.77 EPS for the current year.

Institutional Trading of CBRE Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Swiss RE Ltd. bought a new position in shares of CBRE Group during the 4th quarter worth approximately $25,000. Navalign LLC bought a new stake in CBRE Group in the 4th quarter valued at $29,000. Ascentis Independent Advisors acquired a new stake in CBRE Group during the 1st quarter valued at $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in CBRE Group during the 1st quarter valued at $33,000. Finally, Sound Income Strategies LLC boosted its position in CBRE Group by 5,180.0% during the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 259 shares during the period. Institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Keefe, Bruyette & Woods boosted their price target on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Evercore reiterated an “outperform” rating and set a $175.00 price objective on shares of CBRE Group in a research note on Thursday, July 30th. Finally, Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $180.57.

Check Out Our Latest Stock Report on CBRE Group

About CBRE Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for CBRE Group (NYSE:CBRE)

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