CBRE Group, Inc. $CBRE Shares Bought by Krilogy Financial LLC

Krilogy Financial LLC boosted its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 211.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,972 shares of the financial services provider’s stock after acquiring an additional 4,057 shares during the quarter. Krilogy Financial LLC’s holdings in CBRE Group were worth $883,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp lifted its holdings in shares of CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after acquiring an additional 105,586 shares during the last quarter. Principal Financial Group Inc. increased its holdings in CBRE Group by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock valued at $1,538,443,000 after purchasing an additional 99,532 shares during the last quarter. Geode Capital Management LLC raised its position in CBRE Group by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after purchasing an additional 151,027 shares during the period. Harris Associates L P lifted its stake in CBRE Group by 0.6% during the fourth quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock worth $1,114,053,000 after purchasing an additional 38,646 shares in the last quarter. Finally, Morgan Stanley lifted its stake in CBRE Group by 6.4% during the fourth quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after purchasing an additional 403,489 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

CBRE Group Stock Up 2.1%

Shares of NYSE CBRE opened at $137.38 on Friday. The stock has a market cap of $40.23 billion, a P/E ratio of 31.29 and a beta of 1.21. 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 $121.69 and a 12-month high of $174.27. The business’s fifty day simple moving average is $136.80 and its 200-day simple moving average is $147.06.

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 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 during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the business posted $0.86 earnings per share. CBRE Group’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. As a group, equities analysts predict that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated 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 owned 110,729 shares in the company, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CBRE shares. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research note on Wednesday, June 17th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Keefe, Bruyette & Woods boosted their price target on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Barclays boosted their price target on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and an average target price of $180.29.

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.