Calamos Advisors LLC Buys 237,441 Shares of Cushman & Wakefield plc (NYSE:CWK)

Calamos Advisors LLC increased its stake in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 533.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 281,985 shares of the company's stock after purchasing an additional 237,441 shares during the quarter. Calamos Advisors LLC owned about 0.12% of Cushman & Wakefield worth $3,688,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in CWK. Blue Trust Inc. grew its position in Cushman & Wakefield by 137.5% during the third quarter. Blue Trust Inc. now owns 3,501 shares of the company's stock worth $48,000 after buying an additional 2,027 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Cushman & Wakefield by 45.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after purchasing an additional 1,629 shares in the last quarter. KBC Group NV boosted its holdings in shares of Cushman & Wakefield by 31.7% in the 3rd quarter. KBC Group NV now owns 7,961 shares of the company's stock worth $109,000 after purchasing an additional 1,915 shares in the last quarter. CWM LLC boosted its holdings in shares of Cushman & Wakefield by 67.6% in the 3rd quarter. CWM LLC now owns 9,167 shares of the company's stock worth $125,000 after purchasing an additional 3,699 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of Cushman & Wakefield in the 3rd quarter valued at about $150,000. 95.56% of the stock is currently owned by hedge funds and other institutional investors.

Cushman & Wakefield Stock Down 1.8 %

CWK traded down $0.24 during trading on Friday, hitting $13.06. 972,710 shares of the company's stock traded hands, compared to its average volume of 1,398,226. The company's 50 day simple moving average is $13.58 and its two-hundred day simple moving average is $13.41. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.76. Cushman & Wakefield plc has a 12-month low of $9.24 and a 12-month high of $16.11. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 35.30 and a beta of 1.34.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CWK. JPMorgan Chase & Co. boosted their target price on Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. Jefferies Financial Group lowered Cushman & Wakefield from a "buy" rating to a "hold" rating and lowered their price target for the company from $18.00 to $14.00 in a research report on Thursday, January 2nd. Finally, The Goldman Sachs Group initiated coverage on Cushman & Wakefield in a research report on Friday, December 6th. They set a "sell" rating and a $15.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Cushman & Wakefield presently has a consensus rating of "Hold" and a consensus price target of $15.50.

Cushman & Wakefield Profile

Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.