CBRE Group, Inc. $CBRE Stock: Mather Group LLC. Grows Stake

Mather Group LLC. raised its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 355.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,523 shares of the financial services provider’s stock after purchasing an additional 7,432 shares during the quarter. Mather Group LLC.’s holdings in CBRE Group were worth $1,223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Swedbank AB grew its position in CBRE Group by 119.6% during the first quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock valued at $348,306,000 after buying an additional 1,400,452 shares during the period. Manning & Napier Advisors LLC purchased a new stake in CBRE Group during the second quarter valued at approximately $98,121,000. Janus Henderson Group PLC increased its holdings in CBRE Group by 157.8% during the first quarter. Janus Henderson Group PLC now owns 1,162,260 shares of the financial services provider’s stock valued at $157,435,000 after buying an additional 711,399 shares during the last quarter. SG Americas Securities LLC raised its position in CBRE Group by 571.7% in the first quarter. SG Americas Securities LLC now owns 641,686 shares of the financial services provider’s stock worth $86,923,000 after acquiring an additional 546,160 shares during the period. Finally, Principal Financial Group Inc. raised its position in CBRE Group by 3.2% in the first quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock worth $1,337,051,000 after acquiring an additional 302,426 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CBRE shares. Evercore reiterated an “outperform” rating and set a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Barclays upped their price objective on CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. UBS Group raised their target price on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CBRE Group in a research report on Friday, August 21st. Finally, Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.40.

Insider Buying and Selling

In other news, CFO Emma Giamartino sold 2,250 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 $333,652.50. Following the sale, the chief financial officer owned 108,479 shares in the company, valued at $16,086,350.91. This trade represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the insider 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 5,144 shares of company stock valued at $767,363. Corporate insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

Shares of CBRE Group stock traded down $2.58 during trading hours on Friday, hitting $132.91. The company’s stock had a trading volume of 2,249,160 shares, compared to its average volume of 2,284,539. The company has a market cap of $38.49 billion, a PE ratio of 30.48 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50 day moving average price of $140.65 and a two-hundred day moving average price of $139.55. CBRE Group, Inc. has a 12-month low of $121.69 and a 12-month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share 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 firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same quarter in the prior year, the company posted $1.19 earnings per share. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Analysts expect that CBRE Group, Inc. will post 7.78 earnings per share for the current fiscal year.

CBRE Group Profile

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE’s services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.