B. Metzler seel. Sohn & Co. AG Has $1.78 Million Stake in CBRE Group, Inc. $CBRE

Key Points

• B. Metzler seel. Sohn & Co. AG has reduced its stake in CBRE Group, Inc. by 29.8%, holding $1.78 million worth of shares after selling 5,791 shares.
• CEO Vikramaditya Kohli sold 1,000 shares of CBRE stock for approximately $154,900, reducing his ownership by 0.89% to 111,473 shares.
• CBRE Group reported an EPS of $1.19 for its last quarter, exceeding estimates and setting FY 2025 guidance at 6.100-6.200 EPS.

B. Metzler seel. Sohn & Co. AG trimmed its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 29.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,622 shares of the financial services provider's stock after selling 5,791 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in CBRE Group were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in CBRE. Brighton Jones LLC lifted its holdings in shares of CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider's stock valued at $1,903,000 after buying an additional 11,065 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of CBRE Group by 99.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 3,343 shares of the financial services provider's stock valued at $439,000 after buying an additional 1,669 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of CBRE Group by 7.7% during the 4th quarter. Lido Advisors LLC now owns 8,035 shares of the financial services provider's stock valued at $1,055,000 after buying an additional 577 shares during the last quarter. Comerica Bank lifted its holdings in shares of CBRE Group by 11.1% during the 4th quarter. Comerica Bank now owns 93,645 shares of the financial services provider's stock valued at $12,295,000 after buying an additional 9,372 shares during the last quarter. Finally, Rehmann Capital Advisory Group lifted its holdings in shares of CBRE Group by 4.7% during the 4th quarter. Rehmann Capital Advisory Group now owns 5,911 shares of the financial services provider's stock valued at $776,000 after buying an additional 264 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Vikramaditya Kohli sold 1,000 shares of CBRE Group stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $154.90, for a total transaction of $154,900.00. Following the sale, the chief executive officer owned 111,473 shares of the company's stock, valued at approximately $17,267,167.70. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lindsey S. Caplan sold 1,935 shares of CBRE Group stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $140.00, for a total value of $270,900.00. Following the sale, the chief accounting officer directly owned 20,131 shares in the company, valued at $2,818,340. The trade was a 8.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,926 shares of company stock valued at $1,338,073 in the last three months. Company insiders own 0.42% of the company's stock.

Analyst Ratings Changes

CBRE has been the subject of several research reports. Evercore ISI lifted their price target on CBRE Group from $164.00 to $185.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Wall Street Zen raised CBRE Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Raymond James Financial raised their price objective on CBRE Group from $163.00 to $166.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $131.00 to $147.00 and gave the company a "market perform" rating in a research note on Thursday, July 24th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $170.00 price objective (up from $160.00) on shares of CBRE Group in a research note on Thursday, June 12th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, CBRE Group currently has a consensus rating of "Moderate Buy" and an average price target of $165.22.

CBRE Group Stock Performance

Shares of NYSE CBRE opened at $161.98 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. The business's 50 day moving average is $149.51 and its two-hundred day moving average is $135.67. The company has a market cap of $48.20 billion, a P/E ratio of 45.37 and a beta of 1.34. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $165.41.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.19 EPS for the quarter, topping the consensus estimate of $1.05 by $0.14. The company had revenue of $9.75 billion for the quarter, compared to the consensus estimate of $9.50 billion. CBRE Group had a return on equity of 18.89% and a net margin of 2.86%. CBRE Group has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.

CBRE Group Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.