Assenagon Asset Management S.A. Purchases 394,385 Shares of CBRE Group, Inc. $CBRE

Assenagon Asset Management S.A. grew its position in CBRE Group, Inc. (NYSE:CBRE) by 45.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,269,222 shares of the financial services provider’s stock after buying an additional 394,385 shares during the period. Assenagon Asset Management S.A. owned 0.43% of CBRE Group worth $204,078,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in CBRE Group by 0.8% in the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares during the period. Principal Financial Group Inc. lifted its position in CBRE Group by 9.4% during 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 purchasing an additional 809,796 shares during the period. Invesco Ltd. lifted its position in CBRE Group by 16.1% during the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after purchasing an additional 862,656 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of 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 valued at $704,610,000 after purchasing an additional 532,151 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its stake in shares of CBRE Group by 8.8% in the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider’s stock valued at $633,705,000 after purchasing an additional 323,998 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 2.9%

CBRE Group stock opened at $135.82 on Tuesday. The firm has a market capitalization of $40.09 billion, a price-to-earnings ratio of 35.19 and a beta of 1.33. The company’s 50 day simple moving average is $152.43 and its 200 day simple moving average is $156.66. 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 fifty-two week low of $108.45 and a fifty-two week high of $174.27.

CBRE Group (NYSE:CBRE) last issued its earnings results 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 net margin of 2.85% and a return on equity of 21.75%. The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, sell-side analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction 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. This trade represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $62,883.21. Following the transaction, the insider owned 42,519 shares in the company, valued at $5,676,711.69. This trade represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,810 shares of company stock worth $1,448,600 in the last ninety days. 0.42% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods dropped their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Barclays dropped their target price on shares of CBRE Group from $192.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Finally, UBS Group raised 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 research note on Sunday, February 22nd. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently 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.