Deutsche Bank AG reduced its stake in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 2.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,724,565 shares of the financial services provider’s stock after selling 45,563 shares during the quarter. Deutsche Bank AG’s holdings in CBRE Group were worth $277,293,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in CBRE. Navalign LLC acquired a new stake in shares of CBRE Group during the fourth quarter worth $29,000. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group during the third quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group during the fourth quarter worth $42,000. SBI Securities Co. Ltd. lifted its stake in shares of CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after buying an additional 73 shares during the period. Finally, Caitlin John LLC acquired a new stake in shares of CBRE Group during the third quarter worth $45,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
CBRE has been the subject of several research reports. Barclays lifted their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $180.29.
Insider Buying and Selling at CBRE Group
In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the company’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 owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.
CBRE Group Trading Down 1.4%
Shares of CBRE Group stock opened at $134.20 on Thursday. The firm has a 50-day simple moving average of $138.53 and a two-hundred day simple moving average of $149.28. The company has a market cap of $39.30 billion, a P/E ratio of 30.57 and a beta of 1.21. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08.
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate 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 was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.
About CBRE Group
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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