Fieldview Capital Management LLC Makes New Investment in CBRE Group, Inc. $CBRE

Fieldview Capital Management LLC acquired a new position in CBRE Group, Inc. (NYSE:CBREFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,446 shares of the financial services provider’s stock, valued at approximately $876,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Focus Partners Wealth raised its holdings in CBRE Group by 701.6% in the fourth quarter. Focus Partners Wealth now owns 137,341 shares of the financial services provider’s stock worth $22,083,000 after purchasing an additional 120,207 shares in the last quarter. Dockside LLC bought a new position in CBRE Group in the fourth quarter worth $1,284,000. Eventide Asset Management LLC raised its holdings in CBRE Group by 9.6% in the fourth quarter. Eventide Asset Management LLC now owns 5,102 shares of the financial services provider’s stock worth $833,000 after purchasing an additional 446 shares in the last quarter. Entropy Technologies LP raised its holdings in CBRE Group by 185.5% in the fourth quarter. Entropy Technologies LP now owns 47,872 shares of the financial services provider’s stock worth $7,697,000 after purchasing an additional 31,107 shares in the last quarter. Finally, Barclays PLC raised its holdings in CBRE Group by 5.5% in the fourth quarter. Barclays PLC now owns 781,833 shares of the financial services provider’s stock worth $125,711,000 after purchasing an additional 40,445 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $133.16 on Monday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The business has a fifty day moving average price of $138.43 and a 200-day moving average price of $148.93. The company has a market capitalization of $38.99 billion, a PE ratio of 30.33 and a beta of 1.21.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the company earned $0.86 earnings per share. The company’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods raised their price target on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $180.29.

Check Out Our Latest Report on CBRE

About CBRE Group

(Free Report)

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.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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