CBRE Group, Inc. $CBRE Shares Purchased by Raiffeisen Bank International AG

Raiffeisen Bank International AG boosted its position in CBRE Group, Inc. (NYSE:CBRE) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 69,452 shares of the financial services provider’s stock after acquiring an additional 5,851 shares during the quarter. Raiffeisen Bank International AG’s holdings in CBRE Group were worth $11,342,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in shares of CBRE Group in the 4th quarter valued at about $29,000. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group in the 3rd quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group in the 4th quarter valued at about $42,000. SBI Securities Co. Ltd. raised its stake in shares of CBRE Group by 37.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 73 shares in the last quarter. Finally, Caitlin John LLC acquired a new stake in shares of CBRE Group in the 3rd quarter valued at about $45,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Down 1.4%

CBRE Group stock opened at $132.17 on Friday. The stock has a market capitalization of $38.70 billion, a PE ratio of 30.11 and a beta of 1.21. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $138.46 and a 200-day simple moving average of $149.11.

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, topping analysts’ consensus estimates of $1.13 by $0.48. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period last year, the firm posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities research analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CBRE has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Finally, Barclays upped their target price on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

CBRE Group 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.