Groupama Asset Managment boosted its holdings in CBRE Group, Inc. (NYSE:CBRE – Free Report) by 306.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,627 shares of the financial services provider’s stock after purchasing an additional 11,026 shares during the quarter. Groupama Asset Managment’s holdings in CBRE Group were worth $2,305,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC increased its holdings in shares of CBRE Group by 264.4% during the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 119 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in shares of CBRE Group in the second quarter valued at approximately $30,000. Evelyn Partners Asset Management Ltd bought a new stake in shares of CBRE Group in the second quarter valued at approximately $32,000. Ameriflex Group Inc. acquired a new stake in CBRE Group during the third quarter worth approximately $32,000. Finally, Bank of Jackson Hole Trust acquired a new stake in CBRE Group during the third quarter worth approximately $38,000. Institutional investors own 98.41% of the company’s stock.
Insiders Place Their Bets
In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,810 shares of company stock valued at $1,448,600 in the last three months. 0.42% of the stock is owned by insiders.
CBRE Group Stock Performance
CBRE Group (NYSE:CBRE – Get Free Report) last released its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, research analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.
Analyst Ratings Changes
CBRE has been the topic of a number of recent research reports. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Barclays cut their target price on CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $179.86.
Get Our Latest Stock Analysis on CBRE Group
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.
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