Cushman & Wakefield plc (NYSE:CWK) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,027,744 shares of the company's stock after purchasing an additional 52,178 shares during the period. Charles Schwab Investment Management Inc. owned about 1.76% of Cushman & Wakefield worth $52,683,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in Cushman & Wakefield by 264.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock worth $48,000 after buying an additional 2,691 shares during the period. Blue Trust Inc. raised its position in shares of Cushman & Wakefield by 26.5% in the 4th quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock worth $60,000 after acquiring an additional 928 shares in the last quarter. KBC Group NV lifted its stake in shares of Cushman & Wakefield by 31.7% during 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 during the last quarter. Ieq Capital LLC bought a new stake in Cushman & Wakefield during the fourth quarter valued at about $135,000. Finally, Jones Financial Companies Lllp boosted its position in Cushman & Wakefield by 143.9% during the fourth quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company's stock valued at $146,000 after purchasing an additional 6,600 shares in the last quarter. 95.56% of the stock is owned by hedge funds and other institutional investors.

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Cushman & Wakefield Stock Performance

NYSE:CWK traded up $0.02 during trading hours on Monday, hitting $10.71. 1,855,064 shares of the company were exchanged, compared to its average volume of 1,934,656. The company's 50 day moving average price is $12.54 and its 200-day moving average price is $13.28. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 19.46 and a beta of 1.40. Cushman & Wakefield plc has a 52-week low of $9.24 and a 52-week high of $16.11. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.15 and a quick ratio of 1.18.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The firm had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.67 billion. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. As a group, research analysts forecast that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CWK. JPMorgan Chase & Co. raised their price target on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a report on Monday, December 16th. Citigroup lowered their target price on shares of Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a research note on Monday. The Goldman Sachs Group reduced their price target on Cushman & Wakefield from $14.50 to $13.00 and set a "sell" rating on the stock in a research report on Friday, February 21st. Finally, Jefferies Financial Group cut Cushman & Wakefield from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $18.00 to $14.00 in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $14.40.

About Cushman & Wakefield

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.