CBRE Group, Inc. $CBRE Stock Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its CBRE position by 98.5% in the third quarter, selling 431,213 shares and retaining 6,544 shares valued at approximately $841,000. Institutional investors collectively own 98.41% of CBRE’s stock.
• Analyst sentiment remains positive, with six Buy ratings and one Hold rating producing a consensus “Moderate Buy” rating and an average price target of $178.40.
• CBRE reported quarterly EPS of $1.56, exceeding the $1.47 consensus estimate, while revenue rose 15.1% year over year to $11.23 billion. Shares opened at $135.31, up 5.0% in the cited trading session.

Curated Wealth Partners LLC decreased its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 98.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,544 shares of the financial services provider's stock after selling 431,213 shares during the period. Curated Wealth Partners LLC's holdings in CBRE Group were worth $841,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CBRE. Ascentis Independent Advisors acquired a new position in shares of CBRE Group in the 1st quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC bought a new stake in CBRE Group during the 1st quarter worth approximately $33,000. Sound Income Strategies LLC increased its holdings in CBRE Group by 5,180.0% during the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider's stock valued at $36,000 after purchasing an additional 259 shares in the last quarter. Trust Co. of Vermont acquired a new stake in CBRE Group during the 2nd quarter valued at $39,000. Finally, MV Capital Management Inc. acquired a new stake in CBRE Group during the 4th quarter valued at $42,000. Institutional investors own 98.41% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on CBRE shares. UBS Group lifted their price objective on CBRE Group from $185.00 to $190.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Weiss Ratings restated a "hold (c+)" rating on shares of CBRE Group in a report on Friday, August 21st. Keefe, Bruyette & Woods decreased their target price on CBRE Group from $174.00 to $164.00 and set an "outperform" rating on the stock in a report on Friday, October 9th. Barclays raised their target price on CBRE Group from $180.00 to $183.00 and gave the company an "overweight" rating in a research note on Monday, August 17th. Finally, Wall Street Zen cut CBRE Group from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group has a consensus rating of "Moderate Buy" and a consensus price target of $178.40.

Insider Activity at CBRE Group

In other CBRE Group news, CEO Vikramaditya Kohli sold 2,666 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the transaction, the chief executive officer owned 134,869 shares of the company's stock, valued at approximately $20,230,350. This represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of the company's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer directly owned 108,479 shares in the company, valued at approximately $16,086,350.91. This represents a 2.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,144 shares of company stock valued at $767,363 over the last quarter. Corporate insiders own 0.46% of the company's stock.

CBRE Group Trading Up 5.0%

Shares of NYSE CBRE opened at $135.31 on Friday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The company has a market cap of $39.18 billion, a PE ratio of 31.04 and a beta of 1.23. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average of $140.95 and a two-hundred day moving average of $139.59.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. During the same period in the prior year, the business earned $1.19 earnings per share. CBRE Group's quarterly revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, equities analysts expect that CBRE Group, Inc. will post 7.78 earnings per share for the current fiscal year.

CBRE Group Profile

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE's services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.

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