Securian Asset Management Inc. Sells 6,140 Shares of CBRE Group, Inc. $CBRE

Securian Asset Management Inc. lowered its position in CBRE Group, Inc. (NYSE:CBRE) by 43.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,970 shares of the financial services provider’s stock after selling 6,140 shares during the period. Securian Asset Management Inc.’s holdings in CBRE Group were worth $1,281,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CBRE. ORG Partners LLC grew its position in CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 119 shares during the period. Ameriflex Group Inc. bought a new position in shares of CBRE Group in the third quarter valued at $32,000. Bank of Jackson Hole Trust acquired a new position in shares of CBRE Group during the third quarter valued at about $38,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of CBRE Group during the fourth quarter valued at about $42,000. Finally, SBI Securities Co. Ltd. increased its position in shares of CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Down 1.4%

NYSE:CBRE opened at $144.04 on Wednesday. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27. The firm has a 50-day moving average price of $140.72 and a two-hundred day moving average price of $152.75. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $42.18 billion, a price-to-earnings ratio of 32.81 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last released 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 during the quarter, compared to analyst estimates 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 period in the prior year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts expect that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Weiss Ratings raised shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Evercore reiterated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $180.29.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,917 shares of company stock valued at $1,463,618 in the last 90 days. Corporate insiders own 0.46% of the company’s stock.

About CBRE Group

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.