Aberdeen Group plc Cuts Stock Holdings in CBRE Group, Inc. $CBRE

Aberdeen Group plc reduced its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 281,680 shares of the financial services provider’s stock after selling 11,114 shares during the period. Aberdeen Group plc owned 0.09% of CBRE Group worth $44,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of CBRE Group by 1.8% in the second quarter. State Street Corp now owns 13,734,182 shares of the financial services provider’s stock valued at $1,924,434,000 after acquiring an additional 236,323 shares in the last quarter. Principal Financial Group Inc. boosted its position in CBRE Group by 9.4% in the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock worth $1,491,855,000 after purchasing an additional 809,796 shares during the last quarter. Geode Capital Management LLC grew its stake in CBRE Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 8,249,441 shares of the financial services provider’s stock valued at $1,158,068,000 after purchasing an additional 134,160 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of 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 purchasing an additional 532,151 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of CBRE Group during the 2nd quarter worth $544,554,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CBRE has been the subject of several research reports. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday. Keefe, Bruyette & Woods dropped their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday. Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the stock an “outperform” rating in a report on Thursday. Finally, UBS Group increased their price objective on CBRE Group from $165.00 to $175.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $181.00.

CBRE Group Stock Performance

Shares of CBRE opened at $142.16 on Tuesday. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. The company has a market cap of $41.96 billion, a PE ratio of 36.83 and a beta of 1.34. The stock has a 50-day moving average price of $163.52 and a 200-day moving average price of $159.99.

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

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.