Bank of Montreal Can Raises Holdings in CBRE Group, Inc. $CBRE

Bank of Montreal Can grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 16.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,533 shares of the financial services provider’s stock after acquiring an additional 42,699 shares during the quarter. Bank of Montreal Can owned about 0.10% of CBRE Group worth $47,037,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC grew its holdings in shares of CBRE Group by 264.4% during the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after buying an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in CBRE Group in the 2nd quarter worth $30,000. Evelyn Partners Asset Management Ltd purchased a new position in CBRE Group in the 2nd quarter worth $32,000. Ameriflex Group Inc. acquired a new stake in CBRE Group during the 3rd quarter worth about $32,000. Finally, Bank of Jackson Hole Trust purchased a new stake in CBRE Group during the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $131.71 on Friday. 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, Inc. has a 1 year low of $108.45 and a 1 year high of $174.27. The firm has a market capitalization of $38.88 billion, a PE ratio of 34.12 and a beta of 1.33. The business’s 50 day moving average price is $156.74 and its 200-day moving average price is $158.09.

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, beating the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities research analysts expect that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

Insider Transactions at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares in the company, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,810 shares of company stock valued at $1,448,600. 0.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Barclays increased their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Keefe, Bruyette & Woods cut their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average 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.