CBRE Group, Inc. $CBRE Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 5.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 747,165 shares of the financial services provider’s stock after selling 39,229 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in CBRE Group were worth $120,137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC raised its holdings in shares of CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 119 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of CBRE Group in the third quarter worth $32,000. Bank of Jackson Hole Trust acquired a new position in shares of CBRE Group in the third quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of CBRE Group in the fourth quarter worth $42,000. Finally, Caitlin John LLC acquired a new position in shares of CBRE Group in the third quarter worth $45,000. 98.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CBRE has been the subject of a number of analyst reports. Keefe, Bruyette & Woods cut their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Barclays cut their price target on CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $179.86.

CBRE Group Stock Performance

CBRE Group stock opened at $145.85 on Tuesday. The firm has a market capitalization of $42.75 billion, a P/E ratio of 37.78 and a beta of 1.34. The stock has a fifty day moving average price of $142.77 and a 200 day moving average price of $153.93. CBRE Group, Inc. has a 52 week low of $113.74 and a 52 week high of $174.27. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE) last released its earnings results on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion during 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 business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts anticipate that CBRE Group, Inc. will post 5.99 earnings per share for the current year.

Insider Buying and Selling at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the transaction, the insider owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,810 shares of company stock valued at $1,448,600 over the last quarter. Insiders own 0.42% 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.