9,621 Shares in CBRE Group, Inc. $CBRE Acquired by Arjuna Capital

Arjuna Capital acquired a new position in CBRE Group, Inc. (NYSE:CBRE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 9,621 shares of the financial services provider’s stock, valued at approximately $1,547,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its holdings in shares of CBRE Group by 12.6% during the third quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock valued at $99,575,000 after purchasing an additional 70,670 shares during the period. Principal Financial Group Inc. raised its holdings in shares of CBRE Group by 9.4% during the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after purchasing an additional 809,796 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of CBRE Group by 43.0% during the third quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock valued at $1,818,000 after purchasing an additional 3,438 shares during the period. Donoghue Forlines LLC acquired a new position in shares of CBRE Group during the third quarter valued at about $2,104,000. Finally, Cornerstone Investment Partners LLC raised its holdings in shares of CBRE Group by 13.7% during the third quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after purchasing an additional 47,460 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

CBRE Group Trading Down 1.9%

NYSE CBRE opened at $129.98 on Friday. The firm has a market capitalization of $38.06 billion, a P/E ratio of 29.61 and a beta of 1.28. The business has a fifty day simple moving average of $140.19 and a 200 day simple moving average of $152.21. CBRE Group, Inc. has a 12 month low of $118.81 and a 12 month high of $174.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion during 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%. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts predict that CBRE Group, Inc. will post 7.72 EPS for the current fiscal year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the firm’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 sale, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,917 shares of company stock valued at $1,463,618. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CBRE shares. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday. Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $180.29.

CBRE Group Company 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.