Janus Henderson Group PLC Has $42.99 Million Stock Position in Cushman & Wakefield plc (NYSE:CWK)

Janus Henderson Group PLC lowered its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 30.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,154,097 shares of the company's stock after selling 1,387,751 shares during the period. Janus Henderson Group PLC owned 1.37% of Cushman & Wakefield worth $42,991,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CWK. Blue Trust Inc. raised its stake in Cushman & Wakefield by 137.5% during the 3rd quarter. Blue Trust Inc. now owns 3,501 shares of the company's stock valued at $48,000 after acquiring an additional 2,027 shares in the last quarter. CWM LLC raised its stake in shares of Cushman & Wakefield by 61.4% during the second quarter. CWM LLC now owns 5,468 shares of the company's stock valued at $57,000 after purchasing an additional 2,080 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Cushman & Wakefield by 45.8% in the third quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after purchasing an additional 1,629 shares during the period. Profund Advisors LLC bought a new position in Cushman & Wakefield in the 2nd quarter valued at about $105,000. Finally, KBC Group NV increased its stake in Cushman & Wakefield by 31.7% during the 3rd quarter. KBC Group NV now owns 7,961 shares of the company's stock valued at $109,000 after buying an additional 1,915 shares during the period. Institutional investors and hedge funds own 95.56% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on shares of Cushman & Wakefield in a research note on Friday. They issued a "sell" rating and a $15.00 price target for the company. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Cushman & Wakefield currently has a consensus rating of "Hold" and an average target price of $14.00.

Cushman & Wakefield Price Performance

Shares of Cushman & Wakefield stock traded down $0.07 during trading on Friday, hitting $15.09. The stock had a trading volume of 1,533,392 shares, compared to its average volume of 1,254,925. The business has a fifty day moving average of $13.88 and a two-hundred day moving average of $12.63. The firm has a market cap of $3.46 billion, a P/E ratio of 40.78 and a beta of 1.32. Cushman & Wakefield plc has a fifty-two week low of $8.53 and a fifty-two week high of $16.11. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.18 and a quick ratio of 1.18.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the company earned $0.21 EPS. Cushman & Wakefield's revenue was up 2.5% on a year-over-year basis. On average, sell-side analysts expect that Cushman & Wakefield plc will post 0.88 earnings per share for the current fiscal year.

About Cushman & Wakefield

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East and Africa; and Asia Pacific segments.