Short Interest in CBRE Group, Inc. (NYSE:CBRE) Drops By 14.5%

CBRE Group, Inc. (NYSE:CBRE) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,393,511 shares, a decrease of 14.5% from the February 26th total of 3,968,652 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 2,406,030 shares, the short-interest ratio is presently 1.4 days.

Analyst Upgrades and Downgrades

Several brokerages have commented on CBRE. Barclays dropped their price target on shares of CBRE Group from $192.00 to $174.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Keefe, Bruyette & Woods cut their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $179.86.

Insiders Place Their Bets

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 126,501 shares in the company, valued at $18,799,313.61. This represents a 6.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.42% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CBRE. Swiss RE Ltd. acquired a new stake in shares of CBRE Group during the 4th quarter valued at $25,000. ORG Partners LLC raised 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 worth $26,000 after purchasing an additional 119 shares in the last quarter. Navalign LLC acquired a new stake in shares of CBRE Group during the 4th quarter valued at about $29,000. Ameriflex Group Inc. acquired a new stake in shares of CBRE Group during the 3rd quarter valued at about $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of CBRE Group in the 2nd quarter valued at approximately $30,000. 98.41% of the stock is owned by institutional investors and hedge funds.

CBRE Group Trading Down 0.4%

Shares of CBRE stock traded down $0.55 during trading hours on Wednesday, reaching $134.91. 628,353 shares of the stock traded hands, compared to its average volume of 2,263,309. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $39.82 billion, a PE ratio of 34.95 and a beta of 1.33. CBRE Group has a 1-year low of $108.45 and a 1-year high of $174.27. The business has a fifty day moving average price of $148.29 and a 200 day moving average price of $155.40.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, equities research analysts forecast that CBRE Group will post 5.99 EPS for the current year.

CBRE Group Company 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.