Eisler Capital Management Ltd. Invests $4.25 Million in CBRE Group, Inc. $CBRE

Key Points

• Eisler Capital Management Ltd. acquired a new position in CBRE Group, Inc. by purchasing 32,533 shares valued at approximately $4.25 million in the first quarter.
• In recent trading, CBRE Group's stock opened at $163.20 and has a market capitalization of $48.56 billion, while analysts predict a fiscal year EPS of 5.99.
• Several analysts have upgraded their target prices for CBRE Group, with JPMorgan Chase raising it to $185.00 and currently holding an average rating of "Moderate Buy" with a target price of $165.22.

Eisler Capital Management Ltd. purchased a new stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 32,533 shares of the financial services provider's stock, valued at approximately $4,253,000.

Other large investors have also recently bought and sold shares of the company. Investment Management Corp VA ADV acquired a new position in CBRE Group during the fourth quarter valued at $28,000. Hughes Financial Services LLC acquired a new position in CBRE Group during the first quarter valued at $28,000. Golden State Wealth Management LLC raised its position in CBRE Group by 687.1% during the first quarter. Golden State Wealth Management LLC now owns 244 shares of the financial services provider's stock valued at $32,000 after buying an additional 213 shares during the period. Colonial Trust Co SC raised its position in CBRE Group by 183.7% during the fourth quarter. Colonial Trust Co SC now owns 278 shares of the financial services provider's stock valued at $36,000 after buying an additional 180 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in CBRE Group by 1,400.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 285 shares of the financial services provider's stock valued at $37,000 after buying an additional 266 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CBRE Group

In related news, CAO Lindsey S. Caplan sold 1,494 shares of the stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $155.37, for a total transaction of $232,122.78. Following the completion of the sale, the chief accounting officer owned 26,717 shares in the company, valued at $4,151,020.29. This represents a 5.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Emma E. Giamartino sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $157.60, for a total value of $315,200.00. Following the sale, the chief financial officer owned 103,371 shares of the company's stock, valued at approximately $16,291,269.60. The trade was a 1.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,926 shares of company stock worth $1,338,073 in the last 90 days. 0.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on CBRE. Raymond James Financial upped their price target on CBRE Group from $163.00 to $166.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. Morgan Stanley restated an "overweight" rating and issued a $170.00 target price (up previously from $160.00) on shares of CBRE Group in a research note on Thursday, June 12th. Evercore ISI boosted their target price on CBRE Group from $164.00 to $185.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. JPMorgan Chase & Co. boosted their target price on CBRE Group from $143.00 to $185.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Finally, Keefe, Bruyette & Woods boosted their target price on CBRE Group from $131.00 to $147.00 and gave the company a "market perform" rating in a research note on Thursday, July 24th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, CBRE Group currently has a consensus rating of "Moderate Buy" and an average target price of $165.22.

CBRE Group Stock Down 0.0%

Shares of CBRE traded down $0.01 during trading hours on Monday, hitting $161.98. 1,399,012 shares of the company were exchanged, compared to its average volume of 1,518,471. The company has a market cap of $48.20 billion, a PE ratio of 45.37 and a beta of 1.36. The firm's 50 day moving average is $149.51 and its 200-day moving average is $135.58. CBRE Group, Inc. has a 52 week low of $108.45 and a 52 week high of $165.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.13 and a current ratio of 1.13.

CBRE Group (NYSE:CBRE - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.14. The company had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.50 billion. CBRE Group had a return on equity of 18.89% and a net margin of 2.86%. CBRE Group has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities research analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

CBRE Group Company Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.