Aberdeen Group plc Has $43.84 Million Stake in CBRE Group, Inc. $CBRE

Aberdeen Group plc decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 272,626 shares of the financial services provider’s stock after selling 9,054 shares during the quarter. Aberdeen Group plc owned about 0.09% of CBRE Group worth $43,836,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of CBRE Group by 0.8% during the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after purchasing an additional 105,586 shares in the last quarter. Principal Financial Group Inc. increased its position in CBRE Group by 9.4% during 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 buying an additional 809,796 shares during the last quarter. Invesco Ltd. increased its position in CBRE Group by 16.1% during the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after buying an additional 862,656 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in CBRE Group by 13.5% during the third 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 buying an additional 532,151 shares in the last quarter. Finally, Artisan Partners Limited Partnership raised its holdings in CBRE Group by 8.8% during the third quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock valued at $633,705,000 after buying an additional 323,998 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Trading Down 0.0%

Shares of CBRE stock opened at $136.53 on Friday. CBRE Group, Inc. has a 1 year low of $108.45 and a 1 year high of $174.27. The firm’s fifty day simple moving average is $146.26 and its 200 day simple moving average is $154.86. The firm has a market capitalization of $40.30 billion, a P/E ratio of 35.37 and a beta of 1.34. 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 (NYSE:CBRE) last issued its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $11.67 billion. During the same period in the prior year, the firm earned $2.32 EPS. The business’s 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, sell-side analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current year.

Insiders Place Their Bets

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the business’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 sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Chad J. Doellinger sold 471 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,810 shares of company stock valued at $1,448,600 over the last 90 days. 0.42% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CBRE shares. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Keefe, Bruyette & Woods decreased their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $179.86.

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.