Intech Investment Management LLC Has $10.58 Million Stake in Cushman & Wakefield plc (NYSE:CWK)

Intech Investment Management LLC lifted its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 252.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 809,054 shares of the company's stock after purchasing an additional 579,805 shares during the period. Intech Investment Management LLC owned about 0.35% of Cushman & Wakefield worth $10,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vestcor Inc raised its holdings in Cushman & Wakefield by 316.7% in the 4th quarter. Vestcor Inc now owns 70,529 shares of the company's stock valued at $923,000 after buying an additional 53,602 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Cushman & Wakefield in the 4th quarter valued at approximately $318,000. Channing Capital Management LLC bought a new position in Cushman & Wakefield in the 4th quarter valued at approximately $61,732,000. Geode Capital Management LLC raised its holdings in Cushman & Wakefield by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 5,696,370 shares of the company's stock valued at $77,656,000 after buying an additional 395,652 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Cushman & Wakefield by 264.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock valued at $48,000 after buying an additional 2,691 shares during the last quarter. Institutional investors own 95.56% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group dropped their price objective on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a report on Wednesday. Citigroup dropped their price objective on shares of Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a report on Monday, March 17th. JPMorgan Chase & Co. increased their target price on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a research report on Monday, December 16th. Finally, Jefferies Financial Group downgraded shares of Cushman & Wakefield from a "buy" rating to a "hold" rating and decreased their target price for the company from $18.00 to $14.00 in a research report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $14.10.

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Cushman & Wakefield Trading Down 1.5 %

NYSE:CWK traded down $0.16 on Friday, reaching $10.42. 3,997,174 shares of the stock traded hands, compared to its average volume of 1,945,696. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 18.94 and a beta of 1.40. The company's 50 day moving average is $12.37 and its 200-day moving average is $13.19. The company has a current ratio of 1.15, a quick ratio of 1.18 and a debt-to-equity ratio of 1.67. Cushman & Wakefield plc has a 1-year low of $9.24 and a 1-year high of $16.11.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last released its earnings results 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 business had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.67 billion. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. Equities research analysts anticipate that Cushman & Wakefield plc will post 1.2 EPS for the current fiscal year.

Cushman & Wakefield Company 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.