King Luther Capital Management Corp Boosts Stock Position in CBRE Group, Inc. $CBRE

King Luther Capital Management Corp grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 100.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 47,198 shares of the financial services provider’s stock after buying an additional 23,596 shares during the period. King Luther Capital Management Corp’s holdings in CBRE Group were worth $7,589,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CBRE shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Evercore reaffirmed an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Barclays lifted their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, CBRE Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Buying and Selling

In related news, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the transaction, the insider directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% 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. Over the last three months, insiders sold 2,944 shares of company stock worth $387,153. 0.46% of the stock is owned by insiders.

CBRE Group Stock Up 0.2%

NYSE CBRE opened at $130.02 on Thursday. The stock’s 50 day moving average is $139.40 and its 200 day moving average is $150.90. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 12 month low of $121.83 and a 12 month high of $174.27. The stock has a market cap of $38.07 billion, a PE ratio of 29.62 and a beta of 1.28.

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, topping 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 company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the firm earned $0.86 EPS. The firm’s revenue 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. Research analysts predict that CBRE Group, Inc. will post 7.72 EPS for the current fiscal year.

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.