NEOS Investment Management LLC Raises Holdings in CBRE Group, Inc. $CBRE

NEOS Investment Management LLC increased its holdings in CBRE Group, Inc. (NYSE:CBRE) by 6.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,956 shares of the financial services provider’s stock after buying an additional 7,046 shares during the period. NEOS Investment Management LLC’s holdings in CBRE Group were worth $14,675,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Swiss RE Ltd. purchased a new stake in shares of CBRE Group during the 4th quarter worth $25,000. Navalign LLC purchased a new stake in shares of CBRE Group during the fourth quarter valued at about $29,000. Ascentis Independent Advisors bought a new stake in shares of CBRE Group in the 1st quarter valued at about $30,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of CBRE Group in the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC raised its stake in shares of CBRE Group by 5,180.0% during the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Insider Activity at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 228 shares of CBRE Group stock in a transaction that occurred on Thursday, August 13th. The shares were 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 approximately $6,195,259.62. The trade was a 0.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares in the company, valued at $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock worth $767,363 over the last quarter. Insiders own 0.46% of the company’s stock.

CBRE Group Stock Performance

Shares of CBRE stock opened at $147.71 on Friday. The firm has a market capitalization of $42.77 billion, a price-to-earnings ratio of 33.88 and a beta of 1.19. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. The business has a fifty day moving average of $144.87 and a 200 day moving average of $140.44. CBRE Group, Inc. has a 1 year low of $121.69 and a 1 year high of $174.27.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.09. The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.79 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on CBRE shares. Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Evercore reaffirmed an “outperform” rating and set a $175.00 price target on shares of CBRE Group in a research report on Thursday, July 30th. UBS Group increased their price objective on CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, Barclays boosted their target price on CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.33.

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.