Triad Investment Management Invests $1.64 Million in CBRE Group, Inc. $CBRE

Triad Investment Management purchased a new position in shares of CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,226 shares of the financial services provider’s stock, valued at approximately $1,644,000. CBRE Group comprises approximately 1.7% of Triad Investment Management’s investment portfolio, making the stock its 25th largest holding.

Other hedge funds have also bought and sold shares of the company. Viking Global Investors LP acquired a new stake in CBRE Group during the third quarter valued at approximately $190,648,000. Invesco Ltd. grew its position in shares of CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after acquiring an additional 862,656 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock worth $1,491,855,000 after acquiring an additional 809,796 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of CBRE Group by 210.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,083,413 shares of the financial services provider’s stock valued at $151,808,000 after acquiring an additional 734,563 shares during the last quarter. Finally, AGF Management Ltd. raised its position in shares of CBRE Group by 6,364.1% during the 3rd quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock valued at $116,271,000 after acquiring an additional 726,531 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,810 shares of company stock worth $1,448,600. Corporate insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CBRE. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Barclays lowered their target price on shares of CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, CBRE Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.86.

CBRE Group Trading Down 0.6%

NYSE:CBRE opened at $134.63 on Thursday. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27. The firm has a market capitalization of $39.74 billion, a P/E ratio of 34.88 and a beta of 1.34. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day simple moving average of $147.58 and a 200 day simple moving average of $155.25.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the company earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current year.

About CBRE Group

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.