Swedbank AB Sells 19,152 Shares of CBRE Group, Inc. $CBRE

Key Points

• Swedbank AB trimmed its stake in CBRE by 1.6%, selling 19,152 shares and leaving 1,170,828 shares (about 0.39% of the company) valued at roughly $188.3 million.
• CBRE beat expectations for the quarter with $1.61 EPS vs. $1.13 expected and $10.53B revenue vs. $10.22B, set FY2026 guidance of 7.600–7.800 EPS, and carries a consensus "Buy" from analysts with an average price target of $180.29.
• Insiders sold 9,917 shares totaling about $1.46 million in the past three months, including CFO Emma E. Giamartino's sale of 9,223 shares at an average of $148.61; insiders now own 0.46% of the stock.

Swedbank AB lessened its holdings in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,170,828 shares of the financial services provider's stock after selling 19,152 shares during the quarter. Swedbank AB owned 0.39% of CBRE Group worth $188,257,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of CBRE Group by 7.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 626,354 shares of the financial services provider's stock valued at $100,336,000 after buying an additional 42,019 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in CBRE Group by 1.1% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 39,115 shares of the financial services provider's stock valued at $6,289,000 after acquiring an additional 442 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of CBRE Group by 37.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider's stock worth $43,000 after acquiring an additional 73 shares during the last quarter. Garner Asset Management Corp bought a new position in shares of CBRE Group in the fourth quarter worth about $90,000. Finally, Principal Financial Group Inc. lifted its position in shares of CBRE Group by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider's stock worth $1,538,443,000 after purchasing an additional 99,532 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company's stock.

Insider Activity

In other news, insider Chad J. Doellinger sold 471 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company's stock, valued at $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. This represents a 6.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,917 shares of company stock worth $1,463,618 in the last three months. Insiders own 0.46% of the company's stock.

CBRE Group Trading Up 1.8%

Shares of NYSE CBRE opened at $142.55 on Wednesday. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27. The firm has a market capitalization of $41.74 billion, a P/E ratio of 32.47 and a beta of 1.28. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company's 50 day simple moving average is $140.85 and its 200 day simple moving average is $153.24.

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of CBRE Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, April 24th. Keefe, Bruyette & Woods increased their price objective on CBRE Group from $170.00 to $175.00 and gave the company an "outperform" rating in a research report on Friday, April 24th. UBS Group raised CBRE Group from a "neutral" rating to a "buy" rating and lifted their target price for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an "outperform" rating in a research report on Thursday, February 12th. Finally, Evercore reaffirmed an "outperform" rating and set a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $180.29.

CBRE Group Company 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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