Parallel Advisors LLC Acquires 10,377 Shares of CBRE Group, Inc. $CBRE

Parallel Advisors LLC grew its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 221.9% in the first quarter, Holdings Channel reports. The institutional investor owned 15,053 shares of the financial services provider’s stock after acquiring an additional 10,377 shares during the period. Parallel Advisors LLC’s holdings in CBRE Group were worth $2,039,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CBRE. Fidelis Capital Partners LLC lifted its position in CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock valued at $709,000 after acquiring an additional 59 shares in the last quarter. Community Bank & Trust Waco Texas increased its holdings in CBRE Group by 0.5% during the 4th quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after purchasing an additional 70 shares in the last quarter. Centersquare Investment Management LLC increased its holdings in CBRE Group by 0.7% during the 4th quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after purchasing an additional 70 shares in the last quarter. Catalyst Capital Advisors LLC raised its stake in shares of CBRE Group by 16.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 71 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of CBRE Group by 1.7% in the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after purchasing an additional 71 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

CBRE Group Trading Down 0.2%

NYSE CBRE opened at $138.40 on Wednesday. The stock has a market capitalization of $40.53 billion, a price-to-earnings ratio of 31.53 and a beta of 1.20. CBRE Group, Inc. has a one year low of $121.69 and a one 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’s fifty day moving average is $134.17 and its 200-day moving average is $144.36.

CBRE Group (NYSE:CBRE) last posted 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 net margin of 3.11% and a return on equity of 24.08%. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the business earned $0.86 earnings per share. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities research analysts predict that CBRE Group, Inc. will post 7.75 EPS for the current year.

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 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 transaction, the chief financial officer directly 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 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 currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Barclays raised their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods increased their target price on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $178.86.

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.