Ritholtz Wealth Management Has $1.65 Million Stock Holdings in CBRE Group, Inc. $CBRE

Ritholtz Wealth Management decreased its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 50.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,149 shares of the financial services provider’s stock after selling 12,585 shares during the period. Ritholtz Wealth Management’s holdings in CBRE Group were worth $1,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of CBRE. Swiss RE Ltd. acquired a new position in shares of CBRE Group in the fourth quarter valued at about $25,000. Navalign LLC bought a new stake in CBRE Group in the 4th quarter valued at about $29,000. Ameriflex Group Inc. bought a new stake in CBRE Group in the 3rd quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of CBRE Group during the 4th quarter worth approximately $42,000. Finally, MV Capital Management Inc. acquired a new position in shares of CBRE Group during the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CBRE. Barclays lifted their price target on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Evercore restated an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a research report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $180.29.

CBRE Group Stock Performance

Shares of CBRE Group stock opened at $137.38 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market cap of $40.23 billion, a PE ratio of 31.29 and a beta of 1.21. The company has a 50 day moving average of $136.80 and a 200-day moving average of $147.06. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data 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 net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm posted $0.86 earnings per share. The firm’s quarterly 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 research analysts forecast that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction 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 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 document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate 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.