Jain Global LLC Has $10.17 Million Stock Holdings in CBRE Group, Inc. $CBRE

Jain Global LLC reduced its position in CBRE Group, Inc. (NYSE:CBRE) by 52.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 64,530 shares of the financial services provider’s stock after selling 70,842 shares during the period. Jain Global LLC’s holdings in CBRE Group were worth $10,167,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans lifted its stake in shares of CBRE Group by 12.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock worth $99,575,000 after buying an additional 70,670 shares during the last quarter. Principal Financial Group Inc. grew its stake in CBRE Group by 9.4% in the 3rd 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 last quarter. Smartleaf Asset Management LLC grew its stake in CBRE Group by 43.0% in the 3rd 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 bought a new position in CBRE Group in the 3rd quarter valued at about $2,104,000. Finally, Cornerstone Investment Partners LLC raised its holdings in CBRE Group by 13.7% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after acquiring an additional 47,460 shares during the period. Institutional investors own 98.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CBRE shares. Barclays reduced their price objective on CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a report on Friday. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Finally, Keefe, Bruyette & Woods decreased their price objective on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, CBRE Group has a consensus rating of “Moderate Buy” and an average target price of $179.86.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $135.08 on Tuesday. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27. The company’s 50 day moving average price is $155.63 and its two-hundred day moving average price is $157.60. The firm has a market cap of $39.87 billion, a PE ratio of 35.00 and a beta of 1.33. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55.

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

Insiders Place Their Bets

In other 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 sale, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The transaction 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 firm’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 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 position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,810 shares of company stock worth $1,448,600. Corporate insiders own 0.42% of the company’s stock.

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.