CBRE Group, Inc. (NYSE:CBRE – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $179.8571.
A number of equities research analysts have recently commented on CBRE shares. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Keefe, Bruyette & Woods dropped their target price on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th.
CBRE Group Price Performance
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $11.63 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, analysts predict that CBRE Group will post 5.99 EPS for the current fiscal year.
Insider Activity
In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.42% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in CBRE Group in the fourth quarter valued at $643,405,000. Viking Global Investors LP purchased a new stake in CBRE Group in the 3rd quarter valued at about $190,648,000. Northwestern Mutual Wealth Management Co. lifted its position in CBRE Group by 5,115.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after buying an additional 997,848 shares during the last quarter. XN LP purchased a new position in CBRE Group during the fourth quarter worth about $147,134,000. Finally, Invesco Ltd. raised its stake in shares of CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after acquiring an additional 862,656 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.
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.
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