1st Citizens Bank increased its stake in CBRE Group by 9.9% in Q3, holding shares valued at $4.8 million.

First Citizens Bank & Trust Co. raised its stake in CBRE Group, Inc. by 9.9% in Q3, holding shares valued at $4.8 million. Other investors, including American National Bank & Trust, also adjusted their positions. CBRE reported Q3 earnings of $0.81 per share, exceeding expectations. Analysts predict an EPS of 4.81 for the year, with Raymond James and Evercore ISI raising price targets. Insiders sold shares totaling over $3 million recently.