CBRE Group, Inc. $CBRE is Delta Global Management LP’s 9th Largest Position

Delta Global Management LP boosted its position in CBRE Group, Inc. (NYSE:CBRE) by 35.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 238,553 shares of the financial services provider’s stock after purchasing an additional 61,828 shares during the quarter. CBRE Group comprises about 1.7% of Delta Global Management LP’s holdings, making the stock its 9th largest position. Delta Global Management LP’s holdings in CBRE Group were worth $38,357,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CBRE. Fidelis Capital Partners LLC raised its position in shares of CBRE Group by 1.4% in the fourth quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock valued at $709,000 after buying an additional 59 shares during the last quarter. Community Bank & Trust Waco Texas lifted its stake in shares of CBRE Group by 0.5% during the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock valued at $2,362,000 after buying an additional 70 shares during the period. Centersquare Investment Management LLC grew its stake in CBRE Group by 0.7% in the 4th quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after acquiring an additional 70 shares during the period. Parallel Advisors LLC grew its stake in CBRE Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after acquiring an additional 71 shares during the period. Finally, Catalyst Capital Advisors LLC grew its stake in CBRE Group by 16.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock worth $81,000 after acquiring an additional 71 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analysts Set New Price Targets

CBRE has been the topic of a number of research analyst reports. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Barclays raised their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Jefferies Financial Group reissued 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

CBRE Group Price Performance

CBRE opened at $133.94 on Tuesday. The company has a 50 day moving average of $138.38 and a two-hundred day moving average of $148.73. CBRE Group, Inc. has a 52-week low of $121.69 and a 52-week 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 has a market cap of $39.22 billion, a P/E ratio of 30.51 and a beta of 1.22.

CBRE Group (NYSE:CBRE) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The business 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 business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

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.