Banque Cantonale Vaudoise Has $3.10 Million Stock Position in CBRE Group, Inc. $CBRE

Banque Cantonale Vaudoise lowered its stake in CBRE Group, Inc. (NYSE:CBRE) by 28.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,655 shares of the financial services provider’s stock after selling 7,993 shares during the quarter. Banque Cantonale Vaudoise’s holdings in CBRE Group were worth $3,096,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in shares of CBRE Group by 1.8% during the second quarter. State Street Corp now owns 13,734,182 shares of the financial services provider’s stock worth $1,924,434,000 after acquiring an additional 236,323 shares in the last quarter. Principal Financial Group Inc. lifted its position in CBRE Group by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after acquiring an additional 809,796 shares in the last quarter. Geode Capital Management LLC lifted its position 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 acquiring an additional 134,160 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in CBRE Group by 13.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock worth $704,610,000 after purchasing an additional 532,151 shares during the period. Finally, Artisan Partners Limited Partnership increased its holdings in CBRE Group by 8.8% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock worth $633,705,000 after purchasing an additional 323,998 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Insider Buying and Selling at CBRE Group

In related 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 value of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on CBRE shares. Barclays lifted their price target on CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Raymond James Financial set a $180.00 target price on CBRE Group and gave the company 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. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $182.43.

CBRE Group Stock Performance

Shares of NYSE CBRE opened at $134.50 on Wednesday. The stock has a 50 day moving average price of $157.89 and a 200 day moving average price of $158.45. CBRE Group, Inc. has a 52 week low of $108.45 and a 52 week high of $174.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $39.70 billion, a PE ratio of 34.84 and a beta of 1.33.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.05. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The firm had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. During the same quarter in the previous year, the firm earned $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. Analysts predict that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

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.