CBRE Group, Inc. $CBRE Stock Holdings Trimmed by Florida Trust Wealth Management Co

Florida Trust Wealth Management Co lowered its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,662 shares of the financial services provider’s stock after selling 4,950 shares during the quarter. CBRE Group comprises 0.9% of Florida Trust Wealth Management Co’s portfolio, making the stock its 29th largest position. Florida Trust Wealth Management Co owned approximately 0.07% of CBRE Group worth $32,908,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. ORG Partners LLC raised its position in shares of CBRE Group by 264.4% during the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in CBRE Group in the second quarter worth $30,000. Ameriflex Group Inc. acquired a new position in CBRE Group in the third quarter worth $32,000. Bank of Jackson Hole Trust bought a new stake in CBRE Group during the third quarter valued at $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CBRE Group during the fourth quarter worth $42,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Insider Buying and Selling

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the sale, the insider owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of the business’s 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 of the company’s stock, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,810 shares of company stock valued at $1,448,600 over the last three months. Corporate insiders own 0.42% of the company’s stock.

CBRE Group Trading Down 0.0%

Shares of NYSE:CBRE opened at $136.53 on Friday. The company has a market cap of $40.30 billion, a PE ratio of 35.37 and a beta of 1.34. The company’s 50-day moving average price is $146.26 and its 200 day moving average price is $154.86. CBRE Group, Inc. has a fifty-two week low of $108.45 and a fifty-two week high of $174.27. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE) last posted its 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. 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 analysts’ expectations of $11.67 billion. During the same quarter in the prior year, the firm earned $2.32 EPS. CBRE Group’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. Sell-side analysts anticipate that CBRE Group, Inc. will post 5.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

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