94,972 Shares in CBRE Group, Inc. $CBRE Acquired by Nykredit A S

Key Points

• Nykredit A/S acquired 94,972 CBRE Group shares in the second quarter, valued at approximately $12.8 million. Institutional investors collectively own 98.41% of the company.
• Analyst sentiment remains favorable, with seven Buy ratings and one Hold rating, an overall “Moderate Buy” consensus, and an average price target of $180.33.
• CBRE exceeded quarterly earnings expectations, reporting $1.56 in EPS versus $1.47 expected and $11.23 billion in revenue, up 15.1% year over year. The company guided to fiscal 2026 EPS of $7.80–$7.90.

Nykredit A S acquired a new position in CBRE Group, Inc. (NYSE:CBRE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 94,972 shares of the financial services provider's stock, valued at approximately $12,792,000.

Several other institutional investors also recently bought and sold shares of the stock. Principal Financial Group Inc. increased its holdings in shares of CBRE Group by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider's stock valued at $1,337,051,000 after purchasing an additional 302,426 shares in the last quarter. Geode Capital Management LLC boosted its holdings in CBRE Group by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider's stock worth $1,369,409,000 after buying an additional 151,027 shares during the last quarter. Cantillon Capital Management LLC increased its position in shares of CBRE Group by 0.8% during the fourth quarter. Cantillon Capital Management LLC now owns 4,460,586 shares of the financial services provider's stock worth $717,218,000 after purchasing an additional 33,565 shares in the last quarter. Norges Bank purchased a new stake in shares of CBRE Group during the fourth quarter worth $643,405,000. Finally, Franklin Resources Inc. raised its holdings in CBRE Group by 2.6% in the 4th quarter. Franklin Resources Inc. now owns 2,959,767 shares of the financial services provider's stock valued at $475,901,000 after acquiring an additional 74,493 shares during the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Chad J. Doellinger sold 228 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $33,810.12. Following the completion of the transaction, the insider owned 41,778 shares in the company, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $333,652.50. Following the sale, the chief financial officer owned 108,479 shares of the company's stock, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,144 shares of company stock worth $767,363. Company insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Evercore reaffirmed an "outperform" rating and issued a $175.00 target price on shares of CBRE Group in a research note on Thursday, July 30th. Wall Street Zen cut CBRE Group from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Keefe, Bruyette & Woods increased their target price on shares of CBRE Group from $158.00 to $174.00 and gave the stock an "outperform" rating in a report on Thursday, July 30th. Weiss Ratings reiterated a "hold (c+)" rating on shares of CBRE Group in a research note on Friday, August 21st. Finally, UBS Group boosted their target price on shares of CBRE Group from $185.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $180.33.

CBRE Group Price Performance

Shares of CBRE opened at $139.60 on Monday. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The firm has a 50-day simple moving average of $145.07 and a 200-day simple moving average of $139.99. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $40.43 billion, a price-to-earnings ratio of 32.02 and a beta of 1.19.

CBRE Group (NYSE:CBRE - Get Free Report) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.09. The business had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, equities research analysts anticipate that CBRE Group, Inc. will post 7.79 earnings per share for the current year.

About CBRE Group

CBRE Group, Inc is a global commercial real estate services and investment company headquartered in Dallas, Texas. Through its businesses, CBRE provides services to occupiers, owners, investors and developers of office, industrial, retail, multifamily, hotel and other property types.

The company's principal activities include property leasing and sales, tenant and landlord representation, property management, facilities management, valuation and advisory services, capital markets, mortgage servicing, project management and real estate development.

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