7,987 Shares in CBRE Group, Inc. $CBRE Acquired by Dockside LLC

Dockside LLC bought a new stake in CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, HoldingsChannel reports. The fund bought 7,987 shares of the financial services provider’s stock, valued at approximately $1,284,000.

Several other large investors have also recently added to or reduced their stakes in CBRE. Brighton Jones LLC increased its position in CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after acquiring an additional 11,065 shares during the period. Woodline Partners LP increased its position in CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after acquiring an additional 6,908 shares during the period. Geneos Wealth Management Inc. increased its position in CBRE Group by 67.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 179 shares during the period. First Trust Advisors LP increased its position in CBRE Group by 41.3% in the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after acquiring an additional 7,242 shares during the period. Finally, Walleye Capital LLC increased its position in CBRE Group by 54.6% in the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after acquiring an additional 1,728 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Trading Down 0.2%

Shares of NYSE:CBRE opened at $133.16 on Monday. The company has a 50 day moving average of $138.43 and a 200-day moving average of $148.93. The firm has a market cap of $38.99 billion, a P/E ratio of 30.33 and a beta of 1.21. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, analysts anticipate that CBRE Group, Inc. will post 7.65 earnings per share for the current fiscal year.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on CBRE shares. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Barclays upped their price target on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Keefe, Bruyette & Woods upped their price target on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $180.29.

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.