Telos Capital Management Inc. Buys 4,414 Shares of CBRE Group, Inc. $CBRE

Telos Capital Management Inc. lifted its stake in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 9.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 52,693 shares of the financial services provider’s stock after acquiring an additional 4,414 shares during the period. Telos Capital Management Inc.’s holdings in CBRE Group were worth $7,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Legal & General Group Plc increased its position in CBRE Group by 2.6% in the 3rd quarter. Legal & General Group Plc now owns 2,121,144 shares of the financial services provider’s stock valued at $334,207,000 after buying an additional 52,985 shares in the last quarter. AIA Group Ltd acquired a new position in CBRE Group during the 3rd quarter worth approximately $1,734,000. Teachers Retirement System of The State of Kentucky boosted its holdings in CBRE Group by 713.7% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 190,674 shares of the financial services provider’s stock worth $30,043,000 after acquiring an additional 167,240 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in CBRE Group by 96.1% in the third quarter. Fisher Asset Management LLC now owns 43,533 shares of the financial services provider’s stock worth $6,859,000 after acquiring an additional 21,328 shares in the last quarter. Finally, Abacus Wealth Partners LLC bought a new position in CBRE Group in the fourth quarter worth approximately $2,147,000. 98.41% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction on Friday, May 15th. The stock was 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 directly owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

CBRE Group Price Performance

CBRE stock opened at $129.95 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The business has a 50-day simple moving average of $137.64 and a two-hundred day simple moving average of $147.71. The company has a market capitalization of $38.05 billion, a P/E ratio of 29.60 and a beta of 1.22. CBRE Group, Inc. has a 52-week low of $121.69 and a 52-week high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS 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 the consensus estimate of $10.22 billion. During the same period in the prior year, the business posted $0.86 earnings per share. The company’s quarterly revenue 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. Research analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CBRE shares. Keefe, Bruyette & Woods boosted their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Evercore reiterated an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $180.29.

Check Out Our Latest Stock Analysis on CBRE Group

CBRE Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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