CBRE Group, Inc. $CBRE Stock Position Reduced by US Bancorp DE

Key Points

• US Bancorp DE reduced its stake in CBRE by 8.8% to 73,514 shares (worth $11.82M), while several large institutions (Invesco, Principal, Viking, AGF, MFS) materially increased positions and 98.41% of the stock is held by hedge funds and other institutional investors.
• CBRE beat quarterly estimates, reporting $1.61 EPS vs. $1.13 expected and $10.53B revenue (up 18.1% YoY), set FY2026 guidance of 7.60–7.80 EPS, and currently carries an average analyst rating of "Buy" with a $179.86 price target.
• Company insiders have been net sellers recently: CFO Emma Giamartino sold 9,223 shares and insiders sold 9,810 shares (~$1.45M) over the past 90 days, leaving insiders with just 0.46% ownership.

US Bancorp DE cut its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 8.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,514 shares of the financial services provider's stock after selling 7,060 shares during the period. US Bancorp DE's holdings in CBRE Group were worth $11,820,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CBRE. Viking Global Investors LP purchased a new position in CBRE Group during the third quarter valued at approximately $190,648,000. Invesco Ltd. grew its position in CBRE Group by 16.1% during the third quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider's stock valued at $981,795,000 after purchasing an additional 862,656 shares in the last quarter. Principal Financial Group Inc. grew its position in CBRE Group by 9.4% during the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider's stock valued at $1,491,855,000 after purchasing an additional 809,796 shares in the last quarter. AGF Management Ltd. grew its position in CBRE Group by 6,364.1% during the third quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider's stock valued at $116,271,000 after purchasing an additional 726,531 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in CBRE Group by 13.5% during the third 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 purchasing an additional 532,151 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

CBRE Group Stock Performance

CBRE stock opened at $142.02 on Friday. 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 company has a market capitalization of $41.59 billion, a price-to-earnings ratio of 32.35 and a beta of 1.28. CBRE Group, Inc. has a 12 month low of $118.81 and a 12 month high of $174.27. The firm has a 50 day moving average of $140.94 and a two-hundred day moving average of $153.35.

CBRE Group (NYSE:CBRE - Get Free Report) last posted its earnings results 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 company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The company's revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts anticipate that CBRE Group, Inc. will post 7.72 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 9,223 shares of the business's stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of the business's stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider owned 42,519 shares of the company's stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,810 shares of company stock valued at $1,448,600 over the last 90 days. 0.46% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CBRE has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods boosted their price objective on shares of CBRE Group from $170.00 to $175.00 and gave the company an "outperform" rating in a research report on Friday, April 24th. UBS Group raised shares of CBRE Group from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Evercore reissued an "outperform" rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Wall Street Zen raised shares of CBRE Group from a "hold" rating to a "buy" rating in a research report on Saturday, April 25th. Finally, Barclays boosted their target price on shares of CBRE Group from $174.00 to $175.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 14th. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $179.86.

CBRE Group Profile

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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