CBRE Group Inc (NYSE: CBRE) is 40.63% higher on its value in year-to-date trading and has touched a low of $66.12 and a high of $136.06 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CBRE stock was last observed hovering at around $131.59 in the last trading session, with the day’s loss setting it -0.68%.
Currently trading at $130.91, the stock is 5.20% and 8.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing -0.52% at the moment leaves the stock 31.77% off its SMA200. CBRE registered 97.90% gain for a year compared to 6-month gain of 50.66%. The firm has a 50-day simple moving average (SMA 50) of $120.5446 and a 200-day simple moving average (SMA200) of $99.345.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.17% loss in the last 1 month and extending the period to 3 months gives it a 16.15%, and is 6.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.60% over the week and 1.97% over the month.
CBRE Group Inc (CBRE) has around 130000 employees, a market worth around $40.06B and $34.31B in sales. Current P/E ratio is 42.14 and Fwd P/E is 21.91. Profit margin for the company is 2.79%. Distance from 52-week low is 97.99% and -3.79% from its 52-week high. The company has generated returns on investments over the last 12 months (7.22%).
with sales reaching $10.21B over the same period.The EPS is expected to grow by 27.60% this year, but quarterly earnings will post 10.80% year-over-year. Quarterly sales are estimated to grow 14.10% in year-over-year returns.
CBRE Group Inc (CBRE) Top Institutional Holders
1182.0 institutions hold shares in CBRE Group Inc (CBRE), with institutional investors hold 99.76% of the company’s shares. The shares outstanding are 304.89M, and float is at 304.09M with Short Float at 1.57%. Institutions hold 99.21% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 48.42 million shares valued at $4.31 billion. The investor’s holdings represent 15.8336% of the CBRE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.48 million shares valued at $2.63 billion to account for 9.6407 of the shares outstanding. The other top investors are HARRIS ASSOCIATES L P which holds 15.96 million shares representing 5.2182% and valued at over $1.42 billion, while STATE STREET CORP holds 4.1663 of the shares totaling 12.74 million with a market value of $1.14 billion.
CBRE Group Inc (CBRE) Insider Activity
The most recent transaction is an insider sale by Queenan Daniel G, the company’s CEO, Real Estate Investments. SEC filings show that Queenan Daniel G sold 10,000 shares of the company’s common stock on Sep 03 ’24 at a price of $114.67 per share for a total of $1.15 million. Following the sale, the insider now owns 0.22 million shares.
Still, SEC filings show that on Aug 29 ’24, MUNOZ OSCAR (Director) acquired 2,100 shares at an average price of $115.29 for $0.24 million. The insider now directly holds 13,470 shares of CBRE Group Inc (CBRE).
