Nicholas Company Inc. Sells 6,110 Shares of CBRE Group, Inc. $CBRE

Nicholas Company Inc. lowered its position in CBRE Group, Inc. (NYSE:CBRE) by 4.0% in the 4th quarter, Holdings Channel reports. The fund owned 146,345 shares of the financial services provider’s stock after selling 6,110 shares during the quarter. Nicholas Company Inc.’s holdings in CBRE Group were worth $23,531,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Viking Global Investors LP bought a new position in CBRE Group during the 3rd quarter valued at approximately $190,648,000. Invesco Ltd. increased its position in CBRE Group by 16.1% during the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after buying an additional 862,656 shares in the last quarter. Principal Financial Group Inc. increased its position in CBRE Group by 9.4% during 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 in the last quarter. AGF Management Ltd. increased its position in CBRE Group by 6,364.1% during the 3rd quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock valued at $116,271,000 after buying an additional 726,531 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in CBRE Group by 13.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock valued at $704,610,000 after buying an additional 532,151 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group 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 owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,917 shares of company stock valued at $1,463,618 in the last ninety days. 0.46% of the stock is currently owned by corporate insiders.

CBRE Group Stock Down 0.0%

CBRE stock opened at $146.32 on Monday. CBRE Group, Inc. has a 1-year low of $118.81 and a 1-year high of $174.27. The business has a fifty day moving average price of $140.88 and a 200-day moving average price of $153.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $42.84 billion, a P/E ratio of 33.33 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business earned $0.86 earnings per share. The company’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities analysts forecast that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CBRE shares. Evercore reaffirmed an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a research report on Friday, April 24th. Barclays raised their price objective on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CBRE Group presently has an average rating of “Buy” and a consensus price target of $180.29.

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.