Lansforsakringar Fondforvaltning AB publ Grows Stake in CBRE Group, Inc. $CBRE

Lansforsakringar Fondforvaltning AB publ raised its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 6.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,076 shares of the financial services provider’s stock after purchasing an additional 5,695 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in CBRE Group were worth $15,453,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Intrust Bank NA lifted its stake in CBRE Group by 3.2% in the third quarter. Intrust Bank NA now owns 14,331 shares of the financial services provider’s stock worth $2,258,000 after acquiring an additional 440 shares during the period. Heartland Bank & Trust Co purchased a new position in CBRE Group during the third quarter valued at approximately $218,000. Tredje AP fonden raised its stake in CBRE Group by 14.6% in the third quarter. Tredje AP fonden now owns 27,449 shares of the financial services provider’s stock worth $4,325,000 after buying an additional 3,489 shares in the last quarter. Stevens Capital Management LP lifted its holdings in CBRE Group by 28.7% during the third quarter. Stevens Capital Management LP now owns 4,207 shares of the financial services provider’s stock worth $663,000 after buying an additional 939 shares during the period. Finally, King Luther Capital Management Corp boosted its position in CBRE Group by 554.2% during the 3rd quarter. King Luther Capital Management Corp now owns 23,602 shares of the financial services provider’s stock valued at $3,719,000 after acquiring an additional 19,994 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Down 1.3%

NYSE:CBRE opened at $147.18 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27. The company has a market cap of $43.44 billion, a PE ratio of 38.13 and a beta of 1.34. The company’s 50 day moving average is $162.65 and its two-hundred day moving average is $159.75.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, topping 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 business had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. During the same period in the previous year, the firm posted $2.32 earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analyst Ratings Changes

CBRE has been the subject of several recent research reports. Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Keefe, Bruyette & Woods cut their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and set a $185.00 price target for the company in a research report on Sunday. Barclays lifted their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Finally, Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.43.

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.