Flputnam Investment Management Co. Raises Stock Holdings in CBRE Group, Inc. $CBRE

Flputnam Investment Management Co. increased its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 39.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 137,524 shares of the financial services provider’s stock after purchasing an additional 38,944 shares during the quarter. Flputnam Investment Management Co.’s holdings in CBRE Group were worth $22,112,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CBRE. Navalign LLC bought a new position in shares of CBRE Group during the 4th quarter valued at approximately $29,000. Ameriflex Group Inc. bought a new position in shares of CBRE Group during the 3rd quarter valued at approximately $32,000. Bank of Jackson Hole Trust bought a new position in shares of CBRE Group during the 3rd quarter valued at approximately $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CBRE Group during the 4th quarter valued at approximately $42,000. Finally, SBI Securities Co. Ltd. increased its position in shares of CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

Shares of CBRE Group stock opened at $129.67 on Wednesday. The stock’s fifty day moving average is $139.50 and its two-hundred day moving average is $151.04. The company has a market capitalization of $37.97 billion, a PE ratio of 29.54 and a beta of 1.28. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 52 week low of $120.60 and a 52 week high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating 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 company had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company posted $0.86 EPS. CBRE Group’s quarterly 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. As a group, analysts expect that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Chad J. Doellinger sold 471 shares of the company’s 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 sale, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of the company’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 sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,167 shares of company stock worth $1,757,783 in the last three months. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CBRE. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Barclays boosted their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Keefe, Bruyette & Woods upped 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. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, 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.