Vestmark Advisory Solutions Inc. Sells 7,314 Shares of CBRE Group, Inc. $CBRE

Vestmark Advisory Solutions Inc. trimmed its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 46.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,539 shares of the financial services provider’s stock after selling 7,314 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in CBRE Group were worth $1,345,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CBRE. Thrivent Financial for Lutherans raised its stake in CBRE Group by 12.6% in the third quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock valued at $99,575,000 after purchasing an additional 70,670 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock worth $1,491,855,000 after buying an additional 809,796 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of CBRE Group by 43.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock valued at $1,818,000 after buying an additional 3,438 shares in the last quarter. Donoghue Forlines LLC purchased a new stake in shares of CBRE Group during the 3rd quarter valued at $2,104,000. Finally, Cornerstone Investment Partners LLC lifted its holdings in shares of CBRE Group by 13.7% during the 3rd quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock worth $61,883,000 after acquiring an additional 47,460 shares during the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CBRE has been the subject of several research analyst reports. Barclays lifted their price target on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Keefe, Bruyette & Woods lowered their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Finally, Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $182.43.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $147.19 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average price of $161.81 and a 200-day moving average price of $159.53. The company has a market cap of $43.44 billion, a price-to-earnings ratio of 38.13 and a beta of 1.34. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. The company had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.CBRE Group’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

About CBRE Group

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.