Fox Run Management L.L.C. Acquires 6,846 Shares of CBRE Group, Inc. $CBRE

by · The Cerbat Gem

Fox Run Management L.L.C. increased its holdings in CBRE Group, Inc. (NYSE:CBRE – Free Report) by 96.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,924 shares of the financial services provider’s stock after purchasing an additional 6,846 shares during the period. CBRE Group comprises about 0.3% of Fox Run Management L.L.C.’s portfolio, making the stock its 21st largest holding. Fox Run Management L.L.C.’s holdings in CBRE Group were worth $2,239,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Fidelis Capital Partners LLC increased its holdings in CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock worth $709,000 after buying an additional 59 shares in the last quarter. Community Bank & Trust Waco Texas increased its holdings in CBRE Group by 0.5% in 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 buying an additional 70 shares in the last quarter. Parallel Advisors LLC increased its holdings in CBRE Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after buying an additional 71 shares in the last quarter. Catalyst Capital Advisors LLC boosted its position in CBRE Group by 16.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 71 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in CBRE Group by 1.7% in the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after purchasing an additional 71 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

Insider Transactions at CBRE Group

In other news, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. The trade was a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. The trade was a 1.99% 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. Over the last ninety days, insiders have sold 2,944 shares of company stock worth $387,153. Insiders own 0.46% of the company’s stock.

CBRE Group Stock Up 0.5%

CBRE stock opened at $131.64 on Tuesday. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock has a market cap of $38.55 billion, a P/E ratio of 29.99 and a beta of 1.21. The business’s 50-day moving average price is $138.42 and its 200-day moving average price is $149.51.

CBRE Group (NYSE:CBRE – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the firm earned $0.86 EPS. The business’s quarterly revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities research analysts forecast that CBRE Group, Inc. will post 7.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CBRE. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. 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. Barclays raised their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Finally, Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Get Our Latest Analysis on CBRE

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.

See Also

Want to see what other hedge funds are holding CBRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBRE Group, Inc. (NYSE:CBRE – Free Report).