Pacer Advisors Inc. Has $1.97 Million Stock Holdings in CBRE Group, Inc. $CBRE

Pacer Advisors Inc. decreased its stake in CBRE Group, Inc. (NYSE:CBRE) by 37.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,522 shares of the financial services provider’s stock after selling 8,541 shares during the period. Pacer Advisors Inc.’s holdings in CBRE Group were worth $1,967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. QRG Capital Management Inc. grew its stake in shares of CBRE Group by 5.7% in the first quarter. QRG Capital Management Inc. now owns 135,635 shares of the financial services provider’s stock valued at $18,373,000 after buying an additional 7,349 shares in the last quarter. Flputnam Investment Management Co. increased its holdings in CBRE Group by 39.5% during the fourth quarter. Flputnam Investment Management Co. now owns 137,524 shares of the financial services provider’s stock worth $22,112,000 after buying an additional 38,944 shares during the last quarter. Abacus Wealth Partners LLC bought a new stake in CBRE Group during the fourth quarter worth $2,147,000. Norges Bank bought a new stake in CBRE Group during the fourth quarter worth $643,405,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in CBRE Group by 5,115.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after acquiring an additional 997,848 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Up 0.3%

Shares of CBRE stock opened at $147.92 on Friday. The stock has a market cap of $42.83 billion, a P/E ratio of 33.93 and a beta of 1.18. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The stock has a 50 day simple moving average of $138.12 and a 200 day simple moving average of $142.70.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company’s revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, research analysts predict that CBRE Group, Inc. will post 7.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CBRE. Evercore reaffirmed an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a report on Thursday, July 30th. UBS Group lifted their price target on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Barclays upped their price objective on CBRE Group from $178.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CBRE Group has a consensus rating of “Moderate Buy” and an average price target of $180.57.

Insider Buying and Selling at CBRE Group

In other news, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the sale, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% 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.