CBRE Group, Inc. $CBRE Stock Position Decreased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 5.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 709,327 shares of the financial services provider’s stock after selling 37,838 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in CBRE Group were worth $96,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Norges Bank bought a new position in CBRE Group during the fourth quarter valued at approximately $643,405,000. Swedbank AB increased its stake in shares of CBRE Group by 119.6% during the 1st quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock worth $348,306,000 after purchasing an additional 1,400,452 shares during the last quarter. Viking Global Investors LP bought a new position in shares of CBRE Group during the 3rd quarter valued at $190,648,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after purchasing an additional 997,848 shares in the last quarter. Finally, XN LP acquired a new stake in shares of CBRE Group in the 4th quarter valued at $147,134,000. Institutional investors own 98.41% of the company’s stock.

Insider Transactions at CBRE Group

In other 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 value of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CBRE shares. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Keefe, Bruyette & Woods raised their target price on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Evercore set a $169.00 price target on CBRE Group in a research note on Tuesday, June 30th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $178.86.

CBRE Group Stock Performance

Shares of CBRE Group stock traded down $1.70 on Friday, reaching $139.36. The stock had a trading volume of 914,883 shares, compared to its average volume of 1,867,326. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The business’s 50-day moving average price is $134.96 and its two-hundred day moving average price is $145.70. The stock has a market cap of $40.81 billion, a P/E ratio of 31.75 and a beta of 1.20. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27.

CBRE Group (NYSE:CBRE) last posted 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. The business had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s revenue was up 18.1% compared to the same quarter last year. During the same period last year, the business posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, sell-side analysts forecast that CBRE Group, Inc. will post 7.71 EPS for the current year.

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.