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Neuberger Berman Group LLC Cuts Stock Holdings in CBRE Group, Inc. $CBRE

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Key Points

  • Neuberger Berman reduced its stake in CBRE by 29.4% in Q3, selling 9,415 shares and leaving 22,559 shares worth about $3.55 million.
  • CBRE beat EPS estimates ($2.73 vs. $2.68) while revenue of $11.63 billion slightly missed expectations; the company set FY2026 guidance at 7.30–7.60 EPS and analysts hold a "Moderate Buy" consensus with an average price target of $182.43.
  • CFO Emma Giamartino sold 9,223 shares for roughly $1.37 million (a 6.8% drop in her holdings), and company insiders now own only 0.42% of the stock.
  • Five stocks we like better than CBRE Group.

Neuberger Berman Group LLC lessened its position in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 29.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,559 shares of the financial services provider's stock after selling 9,415 shares during the quarter. Neuberger Berman Group LLC's holdings in CBRE Group were worth $3,554,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CBRE. ORG Partners LLC lifted its holdings in CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 119 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of CBRE Group during the second quarter worth $30,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of CBRE Group in the second quarter valued at about $32,000. Bank of Jackson Hole Trust acquired a new stake in shares of CBRE Group in the third quarter valued at about $38,000. Finally, Caitlin John LLC acquired a new position in CBRE Group during the third quarter worth about $45,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

CBRE Group Trading Down 3.0%

CBRE opened at $136.95 on Friday. The stock has a market capitalization of $40.42 billion, a PE ratio of 35.48 and a beta of 1.33. CBRE Group, Inc. has a one year low of $108.45 and a one year high of $174.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The business's 50 day moving average price is $159.01 and its 200 day moving average price is $158.83.

CBRE Group (NYSE:CBRE - Get Free Report) last posted its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.05. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The company had revenue of $11.63 billion during the quarter, compared to analysts' expectations of $11.67 billion. During the same quarter last year, the firm earned $2.32 earnings per share. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities research analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on CBRE. Barclays upped their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the company an "overweight" rating in a research note on Tuesday, January 13th. Keefe, Bruyette & Woods lowered their target price on CBRE Group from $192.00 to $170.00 and set an "outperform" rating on the stock in a report on Friday, February 13th. Weiss Ratings cut CBRE Group from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, February 13th. Wall Street Zen upgraded CBRE Group from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Finally, UBS Group raised shares of CBRE Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. 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, the company presently has an average rating of "Moderate Buy" and an average price target of $182.43.

Get Our Latest Analysis on CBRE Group

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the company'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 of the company's stock, valued at $18,799,313.61. This represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.42% of the company's stock.

CBRE Group Company Profile

(Free Report)

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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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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