King Luther Capital Management Corp Boosts Holdings in CBRE Group, Inc. $CBRE

Key Points

• King Luther Capital Management doubled its stake in CBRE Group in the fourth quarter, buying 23,596 additional shares and bringing its total holding to 47,198 shares worth about $7.6 million.
• Wall Street sentiment remains constructive on CBRE, with eight Buy ratings and one Hold, plus a consensus price target of $180.29 according to MarketBeat.
• CBRE reported better-than-expected quarterly results, posting $1.61 EPS versus $1.13 expected and revenue of $10.53 billion, while also guiding FY2026 EPS to 7.6 to 7.8.

King Luther Capital Management Corp lifted its stake in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 100.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,198 shares of the financial services provider's stock after purchasing an additional 23,596 shares during the quarter. King Luther Capital Management Corp's holdings in CBRE Group were worth $7,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of CBRE. Navalign LLC bought a new position in shares of CBRE Group during the fourth quarter valued at $29,000. Ameriflex Group Inc. bought a new position in shares of CBRE Group during the third quarter valued at $32,000. Bank of Jackson Hole Trust bought a new stake in CBRE Group in the 3rd quarter worth about $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CBRE Group in the 4th quarter worth about $42,000. Finally, SBI Securities Co. Ltd. increased its holdings in CBRE Group by 37.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider's stock worth $43,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company's stock.

Wall Street Analyst Weigh In

CBRE has been the subject of several research analyst reports. Jefferies Financial Group reiterated a "buy" rating on shares of CBRE Group in a report on Friday, May 15th. UBS Group upgraded CBRE Group from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Evercore reiterated an "outperform" rating and issued a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. Barclays lifted their price objective on CBRE Group from $175.00 to $178.00 and gave the stock an "overweight" rating in a report on Tuesday, May 5th. Finally, Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $170.00 to $175.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $180.29.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction 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, insider Chad J. Doellinger sold 471 shares of the business's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total value of $62,883.21. Following the sale, the insider owned 42,519 shares of the company's stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,944 shares of company stock valued at $387,153. Corporate insiders own 0.46% of the company's stock.

CBRE Group Trading Up 0.2%

CBRE Group stock opened at $130.02 on Thursday. The business has a 50-day simple moving average of $139.40 and a two-hundred day simple moving average of $150.90. The company has a market cap of $38.07 billion, a P/E ratio of 29.62 and a beta of 1.28. CBRE Group, Inc. has a 52-week low of $121.83 and a 52-week high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

CBRE Group (NYSE:CBRE - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.13 by $0.48. The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The business's quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Analysts predict that CBRE Group, Inc. will post 7.72 EPS for the current year.

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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