CBRE Group, Inc. $CBRE Shares Sold by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management reduced its stake in CBRE Group by 0.1%, now holding approximately 3 million shares valued at $395 million.
• Recent analyst reports have boosted CBRE Group's stock ratings, with seven analysts rating it as a "Buy" and an average price target of $165.22.
• CBRE Group's last earnings report showed an EPS of $1.19, exceeding expectations, with revenue of $9.75 billion for the quarter, and a FY 2025 EPS guidance set at 6.100-6.200.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC cut its holdings in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 0.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,020,959 shares of the financial services provider's stock after selling 4,297 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.01% of CBRE Group worth $395,081,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CBRE. Brighton Jones LLC lifted its stake in CBRE Group by 322.9% in 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 in the last quarter. Focus Partners Wealth boosted its holdings in CBRE Group by 10.3% in the 4th quarter. Focus Partners Wealth now owns 23,108 shares of the financial services provider's stock worth $3,077,000 after buying an additional 2,149 shares during the last quarter. Jefferies Financial Group Inc. boosted its holdings in CBRE Group by 3.3% in the 4th quarter. Jefferies Financial Group Inc. now owns 19,092 shares of the financial services provider's stock worth $2,507,000 after buying an additional 605 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new stake in CBRE Group in the 4th quarter worth about $4,428,000. Finally, Occudo Quantitative Strategies LP acquired a new stake in CBRE Group in the 4th quarter worth about $499,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded CBRE Group from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. UBS Group lifted their price objective on CBRE Group from $130.00 to $146.00 and gave the stock a "neutral" rating in a report on Wednesday, July 2nd. JPMorgan Chase & Co. lifted their price objective on CBRE Group from $143.00 to $185.00 and gave the stock an "overweight" rating in a report on Tuesday, August 26th. Raymond James Financial boosted their target price on CBRE Group from $163.00 to $166.00 and gave the stock an "outperform" rating in a report on Thursday, July 24th. Finally, Keefe, Bruyette & Woods boosted their target price on CBRE Group from $131.00 to $147.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, CBRE Group currently has an average rating of "Moderate Buy" and an average price target of $165.22.

CBRE Group Trading Down 0.9%

CBRE opened at $162.03 on Wednesday. CBRE Group, Inc. has a one year low of $108.45 and a one year high of $165.41. The stock has a market capitalization of $48.21 billion, a PE ratio of 45.39 and a beta of 1.36. The business's 50 day moving average price is $152.69 and its 200 day moving average price is $136.58. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.13 and a current ratio of 1.13.

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

Insider Activity at CBRE Group

In other CBRE Group news, CEO Vikramaditya Kohli sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $154.90, for a total value of $154,900.00. Following the sale, the chief executive officer owned 111,473 shares of the company's stock, valued at $17,267,167.70. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Emma E. Giamartino sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $157.60, for a total value of $315,200.00. Following the completion of the sale, the chief financial officer directly owned 103,371 shares in the company, valued at approximately $16,291,269.60. The trade was a 1.90% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,926 shares of company stock worth $1,338,073. Insiders own 0.42% of the company's stock.

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.

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