Sei Investments Co. Raises Position in Cushman & Wakefield plc (NYSE:CWK)

Sei Investments Co. boosted its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 7.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 722,967 shares of the company's stock after buying an additional 49,714 shares during the quarter. Sei Investments Co. owned 0.32% of Cushman & Wakefield worth $9,456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CWK. Charles Schwab Investment Management Inc. lifted its stake in shares of Cushman & Wakefield by 8.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,975,566 shares of the company's stock worth $54,187,000 after acquiring an additional 301,186 shares during the last quarter. Citigroup Inc. grew its holdings in shares of Cushman & Wakefield by 92.6% in the third quarter. Citigroup Inc. now owns 310,383 shares of the company's stock worth $4,231,000 after purchasing an additional 149,213 shares during the last quarter. Quantbot Technologies LP increased its stake in Cushman & Wakefield by 549.6% in the 3rd quarter. Quantbot Technologies LP now owns 30,701 shares of the company's stock worth $418,000 after buying an additional 25,975 shares during the period. BNP Paribas Financial Markets lifted its holdings in Cushman & Wakefield by 45.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 97,942 shares of the company's stock valued at $1,335,000 after buying an additional 30,707 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Cushman & Wakefield by 11.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,471 shares of the company's stock valued at $703,000 after buying an additional 5,141 shares during the period. 95.56% of the stock is owned by hedge funds and other institutional investors.

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Cushman & Wakefield Stock Down 8.7 %

Shares of NYSE:CWK traded down $0.90 on Thursday, reaching $9.47. The company had a trading volume of 1,694,193 shares, compared to its average volume of 2,023,363. The company has a current ratio of 1.15, a quick ratio of 1.18 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $2.18 billion, a PE ratio of 17.22 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 firm's 50 day simple moving average is $11.89 and its 200-day simple moving average is $13.04.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CWK shares. Citigroup decreased their price target 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, March 17th. The Goldman Sachs Group lowered their target price on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a report on Wednesday, March 19th. Jefferies Financial Group lowered Cushman & Wakefield from a "buy" rating to a "hold" rating and cut their price target for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the stock a "neutral" rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $14.10.

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.