CBRE Group, Inc. (CBRE) – What Are Investment Firms Saying About This Stock?

CBRE Group, Inc. (NYSE:CBRE) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $178.40.

CBRE has been the topic of several analyst reports. UBS Group lifted their target price on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Evercore reaffirmed an “outperform” rating and set a $175.00 price objective on shares of CBRE Group in a report on Thursday, July 30th. Finally, Barclays raised their target price on shares of CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a research note on Monday, August 17th.

CBRE Group Stock Performance

NYSE:CBRE opened at $130.71 on Thursday. The firm’s fifty day simple moving average is $142.07 and its 200 day simple moving average is $139.65. The stock has a market cap of $37.85 billion, a P/E ratio of 29.98 and a beta of 1.23. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group has a twelve month low of $121.69 and a twelve month high of $174.27.

CBRE Group (NYSE:CBRE) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter in the previous year, the business posted $1.19 EPS. The company’s quarterly revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, research analysts predict that CBRE Group will post 7.79 EPS for the current year.

Insiders Place Their Bets

In related news, insider Chad J. Doellinger sold 228 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider directly owned 41,778 shares in the company, valued at $6,195,259.62. This represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of the firm’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 owned 108,479 shares of the company’s stock, valued at approximately $16,086,350.91. This trade represents a 2.03% decrease in their ownership of the stock. 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 have sold 5,144 shares of company stock worth $767,363 in the last three months. Corporate insiders own 0.46% of the company’s stock.

Institutional Trading of CBRE Group

Several large investors have recently added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its position in shares of CBRE Group by 5.7% in the 1st quarter. QRG Capital Management Inc. now owns 135,635 shares of the financial services provider’s stock worth $18,373,000 after acquiring an additional 7,349 shares during the period. Delta Global Management LP increased its stake in CBRE Group by 35.0% in the fourth quarter. Delta Global Management LP now owns 238,553 shares of the financial services provider’s stock valued at $38,357,000 after acquiring an additional 61,828 shares during the period. Kornitzer Capital Management Inc. KS lifted its stake in CBRE Group by 48.1% during the first quarter. Kornitzer Capital Management Inc. KS now owns 79,154 shares of the financial services provider’s stock worth $10,722,000 after purchasing an additional 25,700 shares during the period. Plato Investment Management Ltd acquired a new stake in CBRE Group in the 2nd quarter valued at $2,209,000. Finally, Y Intercept Hong Kong Ltd grew its position in CBRE Group by 1,406.9% in the first quarter. Y Intercept Hong Kong Ltd now owns 28,647 shares of the financial services provider’s stock valued at $3,881,000 after acquiring an additional 26,746 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

About CBRE Group

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE’s services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.