27,946 CBRE Group, Inc. $CBRE Shares Purchased by Krilogy Financial LLC

Krilogy Financial LLC grew its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 235.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 39,834 shares of the financial services provider’s stock after acquiring an additional 27,946 shares during the quarter. Krilogy Financial LLC’s holdings in CBRE Group were worth $5,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB lifted its position 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 valued at $348,306,000 after buying an additional 1,400,452 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of CBRE Group during the 2nd quarter valued at $98,121,000. Janus Henderson Group PLC increased its position in shares of CBRE Group by 157.8% during the first quarter. Janus Henderson Group PLC now owns 1,162,260 shares of the financial services provider’s stock valued at $157,435,000 after buying an additional 711,399 shares during the period. SG Americas Securities LLC lifted its holdings in shares of CBRE Group by 571.7% in the first quarter. SG Americas Securities LLC now owns 641,686 shares of the financial services provider’s stock worth $86,923,000 after buying an additional 546,160 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in CBRE Group by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock worth $1,337,051,000 after acquiring an additional 302,426 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

CBRE opened at $129.66 on Wednesday. The company’s 50 day moving average is $141.64 and its 200 day moving average is $139.61. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The company has a market cap of $37.55 billion, a price-to-earnings ratio of 29.74 and a beta of 1.23.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%. The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same quarter in the prior year, the business posted $1.19 EPS. CBRE Group’s revenue for the quarter was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, equities research analysts predict that CBRE Group, Inc. will post 7.79 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on CBRE shares. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Barclays raised their price target on CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. UBS Group increased their price target on shares of CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods reduced their price target on CBRE Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, October 9th. Finally, Evercore reaffirmed an “outperform” rating and issued a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $178.40.

Insider Activity at CBRE Group

In related news, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the transaction, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. The trade was a 1.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the completion of the sale, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 5,144 shares of company stock valued at $767,363. Insiders own 0.46% of the company’s stock.

About CBRE Group

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE’s services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.