Chad Doellinger Sells 228 Shares of CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. (NYSE:CBRE) insider Chad Doellinger sold 228 shares of CBRE Group stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider directly owned 41,778 shares in the company, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Price Performance

Shares of NYSE CBRE opened at $152.75 on Friday. The stock has a fifty day simple moving average of $140.17 and a two-hundred day simple moving average of $141.98. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The firm has a market cap of $44.23 billion, a price-to-earnings ratio of 35.04 and a beta of 1.18. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66.

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

Institutional Investors Weigh In On CBRE Group

Several hedge funds and other institutional investors have recently modified their holdings of CBRE. Swiss RE Ltd. bought a new position in shares of CBRE Group in the fourth quarter valued at approximately $25,000. Navalign LLC bought a new stake in CBRE Group during the 4th quarter worth approximately $29,000. Ascentis Independent Advisors purchased a new stake in CBRE Group in the 1st quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC purchased a new stake in CBRE Group in the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC boosted its holdings in CBRE Group by 5,180.0% in the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares during the period. 98.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CBRE shares. UBS Group boosted their price objective on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Keefe, Bruyette & Woods lifted their target price on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Finally, Evercore restated an “outperform” rating and set a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group currently has an average rating of “Moderate Buy” and a consensus target price of $180.57.

CBRE Group Company 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.