Cantillon Capital Management LLC cut its stake in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 11.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 3,931,976 shares of the financial services provider’s stock after selling 528,610 shares during the period. CBRE Group makes up approximately 3.5% of Cantillon Capital Management LLC’s holdings, making the stock its 7th largest holding. Cantillon Capital Management LLC owned about 1.34% of CBRE Group worth $532,625,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Swiss RE Ltd. purchased a new stake in shares of CBRE Group during the fourth quarter valued at approximately $25,000. Navalign LLC acquired a new position in shares of CBRE Group during the fourth quarter worth $29,000. Ascentis Independent Advisors purchased a new position in shares of CBRE Group in the first quarter valued at $30,000. Sound Income Strategies LLC boosted its stake in shares of CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of CBRE Group in the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on CBRE shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Evercore set a $169.00 price objective on shares of CBRE Group in a research report on Tuesday, June 30th. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Finally, Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $178.86.
Insider Activity
In other news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the sale, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.
CBRE Group Stock Down 0.0%
CBRE stock opened at $140.89 on Monday. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $41.26 billion, a P/E ratio of 32.09 and a beta of 1.20. The firm has a 50 day simple moving average of $134.43 and a 200-day simple moving average of $144.69.
CBRE Group (NYSE:CBRE – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the company posted $0.86 earnings per share. The firm’s quarterly revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities research analysts predict that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.
About CBRE Group
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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