APG Asset Management N.V. Sells 84,942 Shares of CBRE Group, Inc. $CBRE

APG Asset Management N.V. lessened its holdings in CBRE Group, Inc. (NYSE:CBRE) by 27.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 220,844 shares of the financial services provider’s stock after selling 84,942 shares during the quarter. APG Asset Management N.V. owned 0.07% of CBRE Group worth $34,796,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CBRE. Obermeyer Wealth Partners lifted its position in CBRE Group by 2.8% in the second quarter. Obermeyer Wealth Partners now owns 2,432 shares of the financial services provider’s stock valued at $341,000 after purchasing an additional 66 shares during the last quarter. NewSquare Capital LLC increased its stake in shares of CBRE Group by 40.7% in the second quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after buying an additional 68 shares during the period. Fidelis Capital Partners LLC raised its holdings in CBRE Group by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock valued at $601,000 after buying an additional 69 shares during the last quarter. Advisors Capital Management LLC boosted its position in CBRE Group by 4.0% during the 2nd quarter. Advisors Capital Management LLC now owns 1,882 shares of the financial services provider’s stock valued at $264,000 after buying an additional 73 shares during the period. Finally, Evergreen Capital Management LLC boosted its position in CBRE Group by 3.6% during the 2nd quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock valued at $306,000 after buying an additional 75 shares during the period. 98.41% of the stock is owned by institutional investors.

CBRE Group Trading Down 1.7%

CBRE Group stock opened at $147.41 on Monday. CBRE Group, Inc. has a one year low of $108.45 and a one year high of $174.27. The business’s fifty day moving average is $161.31 and its 200 day moving average is $159.44. The stock has a market capitalization of $43.51 billion, a PE ratio of 38.19 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09.

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

Analyst Ratings Changes

Several equities research analysts have weighed in on CBRE shares. Barclays increased their price objective on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Keefe, Bruyette & Woods cut their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $182.43.

Insider Buying and Selling

In other news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares in the company, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.42% of the company’s stock.

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.