TimesSquare Capital Management LLC Invests $64.73 Million in CBRE Group, Inc. $CBRE

TimesSquare Capital Management LLC purchased a new position in CBRE Group, Inc. (NYSE:CBRE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 402,562 shares of the financial services provider’s stock, valued at approximately $64,728,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Navalign LLC purchased a new position in shares of CBRE Group in the 4th quarter worth $29,000. Ameriflex Group Inc. bought a new position in CBRE Group in the 3rd quarter worth $32,000. Bank of Jackson Hole Trust bought a new position in CBRE Group in the 3rd quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in CBRE Group in the 4th quarter worth $42,000. Finally, SBI Securities Co. Ltd. raised its holdings in CBRE Group by 37.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares during the period. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following 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 ownership of the stock. The transaction 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. Also, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 12,167 shares of company stock worth $1,757,783. Insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

NYSE:CBRE opened at $130.64 on Tuesday. 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 business’s 50-day simple moving average is $139.98 and its two-hundred day simple moving average is $151.95. The stock has a market cap of $38.25 billion, a PE ratio of 29.76 and a beta of 1.28. CBRE Group, Inc. has a 52 week low of $118.81 and a 52 week high of $174.27.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Keefe, Bruyette & Woods raised their target price on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $180.29.

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.