Findlay Park Partners LLP Has $198.40 Million Stock Position in CBRE Group, Inc. $CBRE

Key Points

• Findlay Park Partners LLP reduced its stake in CBRE Group, Inc. by 13.5%, now holding approximately 1.5 million shares, representing about 2.0% of its investment portfolio.
• CBRE Group reported earnings of $1.19 per share, exceeding analyst estimates, and has set its FY 2025 guidance at $6.100-6.200 EPS.
• The stock has a market capitalization of $49.11 billion and has received a "Moderate Buy" consensus rating from analysts, with a target price averaging $160.33.

Findlay Park Partners LLP lowered its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 13.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,517,016 shares of the financial services provider's stock after selling 237,700 shares during the quarter. CBRE Group accounts for approximately 2.0% of Findlay Park Partners LLP's investment portfolio, making the stock its 18th largest position. Findlay Park Partners LLP owned approximately 0.51% of CBRE Group worth $198,395,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Investment Management Corp VA ADV bought a new position in CBRE Group during the fourth quarter valued at about $28,000. Hughes Financial Services LLC bought a new position in CBRE Group during the first quarter valued at about $28,000. Golden State Wealth Management LLC boosted its stake 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 in the last quarter. Colonial Trust Co SC boosted its stake 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 in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 in the last quarter. Institutional investors own 98.41% of the company's stock.

CBRE Group Stock Down 0.0%

Shares of CBRE traded down $0.01 during midday trading on Friday, reaching $161.98. 1,399,012 shares of the stock were exchanged, compared to its average volume of 1,540,108. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $165.41. The firm has a 50 day simple moving average of $149.51 and a 200-day simple moving average of $135.64. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. The company has a market cap of $48.20 billion, a price-to-earnings ratio of 45.37 and a beta of 1.34.

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

Insider Activity at CBRE Group

In related news, CAO Lindsey S. Caplan sold 1,935 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $140.00, for a total value of $270,900.00. Following the transaction, the chief accounting officer directly owned 20,131 shares of the company's stock, valued at approximately $2,818,340. This trade represents a 8.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vikramaditya Kohli sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $154.90, for a total value of $154,900.00. Following the completion of the transaction, the chief executive officer directly owned 111,473 shares in the company, valued at $17,267,167.70. The trade was a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,926 shares of company stock valued at $1,338,073. Corporate insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

CBRE has been the subject of a number of recent analyst reports. UBS Group increased their price target on CBRE Group from $130.00 to $146.00 and gave the company a "neutral" rating in a research report on Wednesday, July 2nd. Keefe, Bruyette & Woods increased their price target on CBRE Group from $131.00 to $147.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Raymond James Financial increased 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. Wall Street Zen upgraded CBRE Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. raised their price objective on CBRE Group from $143.00 to $185.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $165.22.

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.