Alesco Advisors LLC An ESL Co Makes New $682,000 Investment in CBRE Group, Inc. $CBRE

Alesco Advisors LLC An ESL Co acquired a new stake in shares of CBRE Group, Inc. (NYSE:CBREFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,038 shares of the financial services provider’s stock, valued at approximately $682,000.

A number of other institutional investors also recently modified their holdings of the business. Swiss RE Ltd. bought a new stake in shares of CBRE Group during the fourth quarter valued at about $25,000. Navalign LLC purchased a new stake in shares of CBRE Group in the fourth quarter worth $29,000. Ascentis Independent Advisors bought a new stake in CBRE Group during the first quarter valued at $30,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of CBRE Group during the first quarter worth about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CBRE Group during the 4th quarter valued at $42,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related 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 transaction, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is currently owned by corporate insiders.

CBRE Group Trading Down 0.2%

NYSE CBRE opened at $138.40 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average is $134.17 and its 200 day moving average is $144.36. The firm has a market capitalization of $40.53 billion, a PE ratio of 31.53 and a beta of 1.20. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping 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 business had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the firm posted $0.86 earnings per share. CBRE Group’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. Research analysts forecast that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CBRE shares. Evercore set a $169.00 target price on CBRE Group in a research note on Tuesday, June 30th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Barclays boosted their price objective on shares of CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Finally, Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, CBRE Group has a consensus rating of “Moderate Buy” and a consensus target price of $178.86.

View Our Latest Stock Analysis on CBRE

CBRE Group Profile

(Free Report)

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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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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