CBRE Group, Inc. $CBRE Stake Lowered by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. reduced its CBRE Group stake by 12.4% in the fourth quarter, selling 7,530 shares and ending with 53,288 shares valued at about $8.57 million.
• CBRE reported strong quarterly results, posting $1.61 EPS versus $1.13 expected and revenue of $10.53 billion, up 18.1% year over year. The company also set FY2026 guidance of $7.60 to $7.80 EPS.
• Analysts remain bullish on CBRE, with multiple firms raising ratings or price targets and a consensus target price of about $180.29. The stock also saw some insider selling, including trades by an executive and the CFO.

ASR Vermogensbeheer N.V. trimmed its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 12.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,288 shares of the financial services provider's stock after selling 7,530 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in CBRE Group were worth $8,568,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. State Street Corp increased its holdings in shares of CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider's stock worth $2,180,594,000 after acquiring an additional 105,586 shares during the period. Principal Financial Group Inc. raised its holdings in shares of CBRE Group by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider's stock valued at $1,538,443,000 after buying an additional 99,532 shares during the last quarter. Invesco Ltd. boosted its position in shares of CBRE Group by 16.1% during the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider's stock worth $981,795,000 after buying an additional 862,656 shares during the period. Massachusetts Financial Services Co. MA increased its position in CBRE Group by 13.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider's stock valued at $704,610,000 after acquiring an additional 532,151 shares during the period. Finally, Artisan Partners Limited Partnership increased its position in CBRE Group by 8.8% in the 3rd quarter. Artisan Partners Limited Partnership now owns 4,021,991 shares of the financial services provider's stock valued at $633,705,000 after acquiring an additional 323,998 shares during the period. Institutional investors own 98.41% of the company's stock.

CBRE Group Price Performance

CBRE opened at $146.32 on Friday. The stock has a fifty day moving average price of $140.88 and a 200 day moving average price of $153.10. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 1 year low of $118.81 and a 1 year high of $174.27. The stock has a market cap of $42.84 billion, a price-to-earnings ratio of 33.33 and a beta of 1.28.

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 for the quarter, topping analysts' consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business earned $0.86 EPS. The business'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. Analysts forecast that CBRE Group, Inc. will post 7.72 EPS for the current fiscal year.

Insider Activity at CBRE Group

In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company's stock, valued at $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the firm's stock in a transaction dated Thursday, February 26th. The shares were 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 in the company, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,917 shares of company stock valued at $1,463,618 over the last three months. Insiders own 0.46% of the company's stock.

Analysts Set New Price Targets

CBRE has been the topic of a number of research analyst reports. Raymond James Financial set a $180.00 price target on CBRE Group and gave the company an "outperform" rating in a report on Thursday, February 12th. Wall Street Zen upgraded shares of CBRE Group from a "hold" rating to a "buy" rating in a research report on Saturday, April 25th. Weiss Ratings raised shares of CBRE Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, April 24th. UBS Group upgraded shares of CBRE Group from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Evercore reaffirmed an "outperform" rating and issued a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $180.29.

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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