Havemeyer Place LP Invests $786,000 in CBRE Group, Inc. $CBRE

Havemeyer Place LP bought a new position in CBRE Group, Inc. (NYSE:CBRE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,891 shares of the financial services provider’s stock, valued at approximately $786,000.

Several other institutional investors have also recently made changes to their positions in the company. 111 Capital lifted its holdings in shares of CBRE Group by 15.1% in the 4th quarter. 111 Capital now owns 1,768 shares of the financial services provider’s stock worth $284,000 after acquiring an additional 232 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of CBRE Group by 243.7% in the 4th quarter. MCF Advisors LLC now owns 464 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 329 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of CBRE Group by 4.4% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 21,556 shares of the financial services provider’s stock worth $3,466,000 after acquiring an additional 901 shares during the last quarter. Pinebridge Investments LLC bought a new stake in shares of CBRE Group in the 4th quarter worth about $704,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of CBRE Group by 3.9% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 48,267 shares of the financial services provider’s stock worth $7,761,000 after acquiring an additional 1,800 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

Insider Activity

In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,944 shares of company stock valued at $387,153. Company insiders own 0.46% of the company’s stock.

CBRE Group Stock Performance

CBRE stock opened at $131.64 on Tuesday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The business has a 50-day moving average price of $138.42 and a 200 day moving average price of $149.51. The company has a market capitalization of $38.55 billion, a P/E ratio of 29.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data 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. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the firm earned $0.86 earnings per share. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities research analysts forecast that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on CBRE. Evercore restated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Barclays boosted their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CBRE Group has an average rating of “Moderate Buy” and a consensus price target of $180.29.

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.