CBRE Group (NYSE:CBRE) CFO Emma Giamartino Sells 9,223 Shares

CBRE Group, Inc. (NYSE:CBREGet Free Report) CFO Emma Giamartino sold 9,223 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

CBRE Group Stock Performance

Shares of CBRE stock opened at $147.41 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $43.51 billion, a PE ratio of 38.19 and a beta of 1.34. CBRE Group, Inc. has a 1 year low of $108.45 and a 1 year high of $174.27. The stock has a fifty day moving average price of $161.31 and a 200 day moving average price of $159.42.

CBRE Group (NYSE:CBREGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.05. The business had revenue of $11.63 billion during 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%.The business’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Sell-side analysts forecast that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CBRE Group

Several hedge funds have recently made changes to their positions in CBRE. Swiss RE Ltd. acquired a new position in CBRE Group in the fourth quarter valued at $25,000. ORG Partners LLC increased its stake in shares of CBRE Group by 264.4% during the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares during the last quarter. Navalign LLC purchased a new position in shares of CBRE Group during the 4th quarter worth about $29,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of CBRE Group in the second quarter worth approximately $30,000. Finally, Evelyn Partners Asset Management Ltd purchased a new stake in CBRE Group in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Keefe, Bruyette & Woods dropped their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Barclays boosted their price target on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report 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. Finally, Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $182.43.

Get Our Latest Analysis on CBRE

CBRE Group Company Profile

(Get Free Report)

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.

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