Oslo Pensjonsforsikring AS Makes New $30.17 Million Investment in CBRE Group, Inc. $CBRE

Oslo Pensjonsforsikring AS purchased a new stake in CBRE Group, Inc. (NYSE:CBRE) during the 1st quarter, Holdings Channel.com reports. The fund purchased 222,730 shares of the financial services provider’s stock, valued at approximately $30,171,000. CBRE Group makes up 4.7% of Oslo Pensjonsforsikring AS’s investment portfolio, making the stock its 10th largest holding.

Other hedge funds also recently made changes to their positions in the company. Swiss RE Ltd. bought a new position in shares of CBRE Group during the 4th quarter worth about $25,000. Navalign LLC bought a new stake in CBRE Group in the fourth quarter valued at about $29,000. Ascentis Independent Advisors acquired a new position in CBRE Group in the first quarter worth about $30,000. Cassaday & Co Wealth Management LLC acquired a new position in CBRE Group in the first quarter worth about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in CBRE Group during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Price Performance

NYSE:CBRE opened at $138.40 on Wednesday. The firm has a market cap of $40.53 billion, a PE ratio of 31.53 and a beta of 1.20. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average price is $134.17 and its two-hundred day moving average price is $144.36.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts anticipate that CBRE Group, Inc. will post 7.75 EPS for the current fiscal year.

Analyst Ratings Changes

CBRE has been the topic of a number of recent research reports. Evercore set a $169.00 price objective on CBRE Group in a report on Tuesday, June 30th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Keefe, Bruyette & Woods raised their target price on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a research note on Wednesday, June 17th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, CBRE Group currently has an average rating of “Moderate Buy” and an average price target of $178.86.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This represents a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 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.