Quantitative Investment Management LLC Has $3.14 Million Holdings in CBRE Group, Inc. $CBRE

Key Points

• Quantitative Investment Management LLC increased its CBRE Group position by 65.9% in the second quarter, bringing its holdings to 23,305 shares valued at approximately $3.14 million. Institutional investors collectively own 98.41% of the company.
• Analysts maintain a generally positive outlook, with seven Buy ratings and one Hold rating producing a consensus “Moderate Buy” rating and an average price target of $180.33.
• CBRE’s latest quarterly results exceeded expectations, with adjusted EPS of $1.56 versus the $1.47 consensus and revenue of $11.23 billion, up 15.1% year over year. Shares opened at $151.12, while insiders have sold 5,144 shares worth about $767,363 over the past 90 days.

Quantitative Investment Management LLC increased its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 65.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,305 shares of the financial services provider's stock after purchasing an additional 9,261 shares during the period. Quantitative Investment Management LLC's holdings in CBRE Group were worth $3,138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CBRE. Fidelis Capital Partners LLC boosted its stake in shares of CBRE Group by 1.4% in the fourth quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider's stock valued at $709,000 after buying an additional 59 shares during the period. Community Bank & Trust Waco Texas increased its stake in CBRE Group by 0.5% during the 4th quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider's stock worth $2,362,000 after acquiring an additional 70 shares during the period. Centersquare Investment Management LLC increased its stake in CBRE Group by 0.7% during the 4th quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider's stock worth $1,683,000 after acquiring an additional 70 shares during the period. Catalyst Capital Advisors LLC raised its holdings in CBRE Group by 16.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider's stock valued at $81,000 after acquiring an additional 71 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of CBRE Group by 1.7% during the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider's stock valued at $688,000 after acquiring an additional 71 shares during the period. 98.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CBRE. Jefferies Financial Group reaffirmed a "buy" rating on shares of CBRE Group in a report on Friday, May 15th. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $158.00 to $174.00 and gave the stock an "outperform" rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of CBRE Group in a research note on Friday, August 21st. Wall Street Zen cut CBRE Group from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. Finally, Barclays boosted their target price on CBRE Group from $180.00 to $183.00 and gave the stock an "overweight" rating in a research note on Monday, August 17th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $180.33.

Insider Activity at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,250 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer directly owned 108,479 shares of the company's stock, valued at approximately $16,086,350.91. The trade was a 2.03% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad J. Doellinger sold 228 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $33,810.12. Following the transaction, the insider owned 41,778 shares in the company, valued at $6,195,259.62. The trade was a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock worth $767,363 in the last 90 days. Corporate insiders own 0.46% of the company's stock.

CBRE Group Trading Up 0.2%

NYSE CBRE opened at $151.12 on Monday. The business's 50-day moving average price is $143.69 and its two-hundred day moving average price is $140.51. CBRE Group, Inc. has a 12 month low of $121.69 and a 12 month high of $174.27. The firm has a market capitalization of $43.76 billion, a PE ratio of 34.66 and a beta of 1.18. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter in the previous year, the company earned $1.19 EPS. The company's revenue for the quarter was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, analysts expect that CBRE Group, Inc. will post 7.77 EPS for the current year.

About CBRE Group

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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