Chad Doellinger Sells 107 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBRE) insider Chad Doellinger sold 107 shares of CBRE Group stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $140.35, for a total transaction of $15,017.45. Following the completion of the transaction, the insider owned 42,006 shares in the company, valued at approximately $5,895,542.10. This trade represents a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Trading Up 2.0%

CBRE stock opened at $145.39 on Thursday. 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 company has a market cap of $42.57 billion, a price-to-earnings ratio of 33.12 and a beta of 1.28. The business has a fifty day simple moving average of $140.87 and a 200-day simple moving average of $153.17. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the firm earned $0.86 earnings per share. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities research analysts expect that CBRE Group, Inc. will post 7.72 EPS for the current year.

Analysts Set New Price Targets

CBRE has been the subject of a number of research reports. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. 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. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research note on Friday, April 24th. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $180.29.

Hedge Funds Weigh In On CBRE Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in shares of CBRE Group by 322.9% during the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after purchasing an additional 11,065 shares in the last quarter. Woodline Partners LP increased its stake in CBRE Group by 38.2% during the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after buying an additional 6,908 shares during the period. Geneos Wealth Management Inc. increased its stake in CBRE Group by 67.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after buying an additional 179 shares during the period. First Trust Advisors LP lifted its holdings in CBRE Group by 41.3% in the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock worth $3,474,000 after buying an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC lifted its holdings in CBRE Group by 54.6% in the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after buying an additional 1,728 shares in the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

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.