Greenland Capital Management LP Takes $6.41 Million Position in CBRE Group, Inc. $CBRE

Greenland Capital Management LP bought a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 40,709 shares of the financial services provider’s stock, valued at approximately $6,414,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its position in CBRE Group by 12.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock worth $99,575,000 after purchasing an additional 70,670 shares during the period. Principal Financial Group Inc. boosted its position in shares of CBRE Group by 9.4% during the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after buying an additional 809,796 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of CBRE Group by 43.0% during the third 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 during the last quarter. Donoghue Forlines LLC purchased a new stake in shares of CBRE Group in the third quarter worth approximately $2,104,000. Finally, Machina Capital S.A.S. purchased a new stake in shares of CBRE Group in the third quarter worth approximately $3,605,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

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

CBRE Group Stock Performance

Shares of CBRE stock opened at $144.10 on Tuesday. The firm has a market cap of $42.53 billion, a price-to-earnings ratio of 37.33 and a beta of 1.34. CBRE Group, Inc. has a 52-week low of $108.45 and a 52-week high of $174.27. 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 company’s 50 day moving average is $162.36 and its 200 day moving average is $159.68.

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