CBRE Group, Inc.

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CBRE Group, Inc. stock analysis CBRE overview
Somewhat Bullish +35

Banque Cantonale Vaudoise Reduces Position in CBRE Group, Inc. $CBRE

📉 Banque Cantonale Vaudoise trimmed its CBRE holdings by 30.8% in Q1, reducing its position to 15,291 shares valued at $2.07 million.

📈 Legal & General Group Plc increased its stake by 2.6% in Q3, now holding 2,121,144 shares worth $334.2 million.

📈 Teachers Retirement System of Kentucky raised its position by 713.7% in Q3, acquiring an additional 167,240 shares.

📈 Fisher Asset Management LLC boosted its holdings by 96.1% in Q3, purchasing 21,328 additional shares.

📈 TD Asset Management Inc lifted its position by 13.0% in the third quarter.

📊 Hedge funds and other institutional investors collectively own 98.41% of CBRE Group's outstanding stock.

💰 CFO Emma E. Giamartino sold 2,250 shares for $294,165 on May 15th under a Rule 10b5-1 trading plan.

📈 Jefferies Financial Group reaffirmed its buy rating on CBRE Group in a research report released on May 15th.

📈 Wall Street Zen upgraded CBRE from a hold to a buy rating on April 25th.

📈 Evercore restated an outperform rating and set a $179.00 price target on April 24th.

📈 UBS Group restated a buy rating on the stock in a report dated June 17th.

📉 Weiss Ratings downgraded CBRE from a buy to a hold rating on May 26th.

💵 The company currently trades at $137.38 with a market cap of $40.23 billion and a P/E ratio of 31.29.

📉 The stock is trading below its 200-day moving average of $147.06 but above its 50-day moving average of $136.80.

🏢 CBRE Group provides global commercial real estate services including leasing, property management, and capital markets execution.

📊 The firm maintains a debt-to-equity ratio of 0.57 and a current ratio of 1.08.

🎯 The consensus analyst price target is $180.29 according to MarketBeat.com data.

Bullish Signals
  • Legal & General Group Plc significantly increased its stake by 2.6% in Q3, accumulating over 2.12 million shares valued at $334.2 million.
  • Teachers Retirement System of Kentucky raised its holdings by 713.7% in the third quarter, adding 167,240 shares to its portfolio.
  • Fisher Asset Management LLC increased its position by 96.1% in Q3, purchasing an additional 21,328 shares.
  • TD Asset Management Inc lifted its position by 13.0% in the third quarter, adding 60,139 shares to its holdings.
  • Major analysts including Jefferies, Wall Street Zen, Evercore, and UBS maintain or have upgraded buy ratings on the stock.
  • The consensus analyst price target of $180.29 suggests potential upside from the current trading price of approximately $137.38.
  • CBRE Group maintains a strong balance sheet with a debt-to-equity ratio of 0.57 and a current ratio of 1.08.
Risk Factors
  • Banque Cantonale Vaudoise reduced its holdings by 30.8% in the first quarter, indicating a decrease in institutional confidence from this specific major investor.
  • Weiss Ratings downgraded CBRE Group from a buy to a hold rating on May 26th.
  • The stock is currently trading below its 200-day moving average of $147.06, suggesting short-term weakness relative to longer-term trends.
Full Analysis
Banque Cantonale Vaudoise reduced its stake in CBRE Group, Inc. by 30.8% in the first quarter, selling 6,807 shares to hold a remaining position of 15,291 shares valued at $2.07 million. This filing highlights shifting institutional sentiment alongside significant activity from other major investors during the third quarter. During the third quarter, several prominent funds increased their CBRE holdings. Legal & General Group Plc raised its stake by 2.6% to own over 2.12 million shares worth $334.2 million. Teachers Retirement System of Kentucky and Fisher Asset Management LLC also significantly boosted their positions, while TD Asset Management Inc added to its holdings. Analyst sentiment remains mixed but generally positive, with major firms like Jefferies, Wall Street Zen, Evercore, and UBS maintaining or upgrading buy ratings. The consensus price target sits at $180.29, above the current trading price of approximately $137.38. However, Weiss Ratings recently downgraded the stock to a hold. CBRE Group operates as a global commercial real estate services firm with a market capitalization of $40.23 billion and a P/E ratio of 31.29. Recent insider activity includes CFO Emma E. Giamartino selling shares under a pre-arranged trading plan, though she retains a substantial personal stake in the company.