4,116 CBRE Group, Inc. $CBRE Shares Sold by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC cut its holdings in CBRE Group, Inc. (NYSE:CBRE) by 3.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,393 shares of the financial services provider’s stock after selling 4,116 shares during the quarter. CBRE Group comprises about 3.1% of S.E.E.D. Planning Group LLC’s investment portfolio, making the stock its 12th biggest holding. S.E.E.D. Planning Group LLC’s holdings in CBRE Group were worth $13,283,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. QRG Capital Management Inc. grew its position in CBRE Group by 5.7% in the first quarter. QRG Capital Management Inc. now owns 135,635 shares of the financial services provider’s stock worth $18,373,000 after buying an additional 7,349 shares during the last quarter. Delta Global Management LP lifted its position in shares of CBRE Group by 35.0% during the 4th quarter. Delta Global Management LP now owns 238,553 shares of the financial services provider’s stock valued at $38,357,000 after acquiring an additional 61,828 shares during the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in shares of CBRE Group by 48.1% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 79,154 shares of the financial services provider’s stock worth $10,722,000 after acquiring an additional 25,700 shares in the last quarter. Plato Investment Management Ltd bought a new stake in shares of CBRE Group during the 2nd quarter worth $2,209,000. Finally, Y Intercept Hong Kong Ltd grew its holdings in shares of CBRE Group by 1,406.9% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 28,647 shares of the financial services provider’s stock worth $3,881,000 after acquiring an additional 26,746 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CBRE. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CBRE Group in a research report on Friday, August 21st. UBS Group lifted their price target on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Keefe, Bruyette & Woods upped their price objective on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Evercore reiterated an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $180.40.

Insider Buying and Selling

In other CBRE Group news, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the sale, the chief executive officer owned 134,869 shares in the company, valued at $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 is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $333,652.50. Following the sale, the chief financial officer directly owned 108,479 shares of the company’s stock, valued at $16,086,350.91. This trade represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 5,144 shares of company stock worth $767,363. 0.46% of the stock is owned by company insiders.

CBRE Group Stock Down 2.1%

NYSE:CBRE traded down $2.69 during trading hours on Wednesday, hitting $127.97. 823,906 shares of the company’s stock traded hands, compared to its average volume of 2,086,813. The firm has a market cap of $37.06 billion, a P/E ratio of 29.35 and a beta of 1.23. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s fifty day moving average price is $143.52 and its two-hundred day moving average price is $139.74.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same period last year, the company posted $1.19 EPS. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, research analysts expect that CBRE Group, Inc. will post 7.79 earnings per share for the current fiscal year.

About CBRE Group

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.