cbre group, inc. (nyse: cbg) provides globally integrated commercial real estate and investment services that transform real estate into real advantage. a fortune 500 and s&p 500 company headquartered in los angeles, the company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. www.cbre.com.
Company profile
Ticker
CBRE
Exchange
Website
CEO
Robert Sulentic
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CB RICHARD ELLIS GROUP INC, CB RICHARD ELLIS SERVICES INC, CBRE HOLDING INC
SEC CIK
Corporate docs
Subsidiaries
CBRE Services, Inc. • CBRE, Inc. • CBRE Holdco, Inc. • CBRE Holdings, LLC • CBRE Partner, Inc. • CBRE Capital Markets, Inc. • CBRE Holdings Limited • CBRE Limited • Turner & Townsend Holdings Limited • CBRE Global Acquisition Company ...
IRS number
943391143
CBRE stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
8-K
CBRE Streamlines Leadership of its Two Real Estate Services Business Segments
5 Apr 24
8-K
Departure of Directors or Certain Officers
11 Mar 24
8-K
Entry into a Material Definitive Agreement
23 Feb 24
424B2
Prospectus for primary offering
21 Feb 24
FWP
Free writing prospectus
20 Feb 24
424B2
Prospectus for primary offering
20 Feb 24
10-K
2023 FY
Annual report
20 Feb 24
Transcripts
CBRE
Earnings call transcript
2023 Q4
15 Feb 24
CBRE
Earnings call transcript
2023 Q3
27 Oct 23
CBRE
Earnings call transcript
2023 Q2
27 Jul 23
CBRE
Earnings call transcript
2023 Q1
27 Apr 23
CBRE
Earnings call transcript
2022 Q4
23 Feb 23
CBRE
Earnings call transcript
2022 Q3
27 Oct 22
CBRE
Earnings call transcript
2022 Q2
6 Aug 22
CBRE
Earnings call transcript
2022 Q1
5 May 22
CBRE
Earnings call transcript
2021 Q4
24 Feb 22
CBRE
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn |
Cash burn (monthly) | 1.42 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 9.69 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.34 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 945.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
76.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 584 |
Opened positions | 95 |
Closed positions | 185 |
Increased positions | 175 |
Reduced positions | 222 |
13F shares | Current |
---|---|
Total value | 19.34 tn |
Total shares | 233.87 mm |
Total puts | 12.43 k |
Total calls | 59.60 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 47.59 mm | $4.43 tn |
Harris Associates L P | 16.01 mm | $1.49 tn |
STT State Street | 13.36 mm | $1.24 tn |
VA Partners I | 13.22 mm | $668.61 mm |
FMR | 8.89 mm | $827.85 bn |
Generation Investment Management | 7.70 mm | $716.68 bn |
IVZ Invesco | 6.90 mm | $642.49 bn |
PFG Principal Financial Group Inc - Registered Shares | 6.87 mm | $639.30 bn |
Allspring Global Investments | 5.87 mm | $546.33 bn |
Cantillon Capital Management | 5.22 mm | $485.51 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | CBRE Acquisition Sponsor | Class A Common Stock | Other | Acquire J | Yes | No | 0 | 14,859 | 0.00 | 24,679,720 |
31 Mar 24 | CBRE Acquisition Sponsor | Class A Common Stock | Option exercise | Acquire M | Yes | No | 0 | 1,811 | 0.00 | 24,557,823 |
31 Mar 24 | CBRE Acquisition Sponsor | Class B Common Stock Class A Common Stock | Option exercise | Dispose M | Yes | No | 0 | 181,125 | 0.00 | 724,500 |
25 Mar 24 | Daniel G Queenan | Class A Common Stock | Payment of exercise | Dispose F | No | No | 95.71 | 9,454 | 904.84 k | 237,094 |
25 Mar 24 | Daniel G Queenan | Class A Common Stock | Grant | Acquire A | No | No | 0 | 21,609 | 0.00 | 246,548 |
25 Mar 24 | Vikramaditya Kohli | Class A Common Stock | Payment of exercise | Dispose F | No | No | 95.71 | 689 | 65.94 k | 70,300 |
25 Mar 24 | Vikramaditya Kohli | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,245 | 0.00 | 70,989 |
25 Mar 24 | Emma E. Giamartino | Class A Common Stock | Payment of exercise | Dispose F | No | No | 95.71 | 2,863 | 274.02 k | 75,521 |
25 Mar 24 | Emma E. Giamartino | Class A Common Stock | Grant | Acquire A | No | No | 0 | 6,738 | 0.00 | 78,384 |
News
Critical Insights From CBRE Group Analyst Ratings: What You Need To Know
10 Apr 24
Jefferies Initiates Coverage On CBRE Group with Hold Rating, Announces Price Target of $107
10 Apr 24
Evercore ISI Group Maintains In-Line on CBRE Group, Raises Price Target to $104
2 Apr 24
Here's How Much You Would Have Made Owning CBRE Group Stock In The Last 5 Years
21 Mar 24
Banking Giants Confront Rising Delinquencies In Commercial Real Estate Sector
20 Feb 24
Press releases
MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for April 2024 and Availability of 19(a) Notice
12 Apr 24
CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for April, May and June and Announces a Webinar with Portfolio Management
8 Apr 24
CBRE Group, Inc. Announces Details of Conference Call and Webcast for First Quarter 2024 Financial Results
8 Apr 24
CBRE Streamlines Leadership of its Two Real Estate Services Business Segments
5 Apr 24
Fortune Names CBRE One of America's Most Innovative Companies
27 Mar 24