Patton Fund Management Inc. decreased its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 93.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,406 shares of the financial services provider's stock after selling 20,408 shares during the period. Patton Fund Management Inc.'s holdings in CBRE Group were worth $226,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of CBRE. Parallel Advisors LLC lifted its stake in CBRE Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider's stock valued at $594,000 after acquiring an additional 71 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of CBRE Group by 1.7% in the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider's stock worth $688,000 after acquiring an additional 71 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in shares of CBRE Group by 3.6% in the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider's stock valued at $306,000 after purchasing an additional 75 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of CBRE Group by 11.0% during the third quarter. Larson Financial Group LLC now owns 778 shares of the financial services provider's stock valued at $123,000 after purchasing an additional 77 shares in the last quarter. Finally, Quotient Wealth Partners LLC boosted its holdings in CBRE Group by 5.4% during the third quarter. Quotient Wealth Partners LLC now owns 1,517 shares of the financial services provider's stock worth $239,000 after purchasing an additional 78 shares during the last quarter. Institutional investors own 98.41% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of CBRE Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. Weiss Ratings downgraded CBRE Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 13th. UBS Group raised CBRE Group from a "neutral" rating to a "buy" rating and increased their price target for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Keefe, Bruyette & Woods dropped their price target on CBRE Group from $192.00 to $170.00 and set an "outperform" rating on the stock in a report on Friday, February 13th. Finally, Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an "outperform" rating in a research report on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, CBRE Group has an average rating of "Moderate Buy" and a consensus price target of $180.00.
Check Out Our Latest Stock Report on CBRE Group
CBRE Group Price Performance
CBRE opened at $147.54 on Thursday. The firm has a market cap of $43.25 billion, a P/E ratio of 38.22 and a beta of 1.34. The firm has a 50-day moving average of $142.08 and a 200 day moving average of $153.81. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. CBRE Group, Inc. has a fifty-two week low of $113.74 and a fifty-two week high of $174.27.
CBRE Group (NYSE:CBRE - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.05. The company had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The firm's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, research analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.
Insider Activity
In related news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider owned 42,519 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares of the company's stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.42% of the stock is owned by company insiders.
About CBRE Group
(
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.
Further Reading

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