CBRE Group Inc (NYSE: CBRE) is 41.80% higher on its value in year-to-date trading and has touched a low of $75.10 and a high of $137.93 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 $135.55 in the last trading session, with the day’s loss setting it -3.55%.
Currently trading at $132.00, the stock is 0.85% and 5.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.42 million and changing -2.62% at the moment leaves the stock 29.22% off its SMA200. CBRE registered 69.36% gain for a year compared to 6-month gain of 43.40%. The firm has a 50-day simple moving average (SMA 50) of $124.9238 and a 200-day simple moving average (SMA200) of $102.1534.
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The stock witnessed a 6.13% loss in the last 1 month and extending the period to 3 months gives it a 18.14%, and is -0.04% down 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 2.55% over the week and 2.49% over the month.
CBRE Group Inc (CBRE) has around 130000 employees, a market worth around $40.39B and $34.31B in sales. Current P/E ratio is 42.49 and Fwd P/E is 21.87. Profit margin for the company is 2.79%. Distance from 52-week low is 75.77% and -4.30% from its 52-week high. The company has generated returns on investments over the last 12 months (7.22%).
The EPS is expected to grow by 29.12% this year
1227.0 institutions hold shares in CBRE Group Inc (CBRE), with institutional investors hold 102.63% of the company’s shares. The shares outstanding are 304.89M, and float is at 303.97M with Short Float at 1.58%. Institutions hold 102.06% 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 Jenny Christopher T, the company’s Director. SEC filings show that Jenny Christopher T sold 8,444 shares of the company’s common stock on Nov 12 ’24 at a price of $135.53 per share for a total of $1.14 million. Following the sale, the insider now owns 42800.0 shares.
CBRE Group Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Kohli Vikramaditya (Chief Operating Officer) sold a total of 1,049 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $135.39 per share for $0.14 million. Following the transaction, the insider now directly holds 68177.0 shares of the CBRE stock.
Still, SEC filings show that on Nov 13 ’24, Kohli Vikramaditya (Officer) Proposed Sale 1,049 shares at an average price of $135.39 for $0.14 million. The insider now directly holds shares of CBRE Group Inc (CBRE).
