Knights of Columbus Asset Advisors LLC Purchases Shares of 76,681 Cushman & Wakefield plc (NYSE:CWK)

Knights of Columbus Asset Advisors LLC bought a new position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 76,681 shares of the company's stock, valued at approximately $1,003,000.

Several other institutional investors also recently made changes to their positions in CWK. Vaughan Nelson Investment Management L.P. increased its stake in Cushman & Wakefield by 9.6% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 12,474,380 shares of the company's stock valued at $163,164,000 after purchasing an additional 1,094,260 shares in the last quarter. State Street Corp raised its stake in shares of Cushman & Wakefield by 9.8% during the 3rd quarter. State Street Corp now owns 8,463,595 shares of the company's stock worth $115,359,000 after buying an additional 756,966 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Cushman & Wakefield by 7.5% during the 3rd quarter. Geode Capital Management LLC now owns 5,696,370 shares of the company's stock worth $77,656,000 after buying an additional 395,652 shares during the last quarter. Channing Capital Management LLC purchased a new stake in shares of Cushman & Wakefield in the 4th quarter worth about $61,732,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Cushman & Wakefield by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,027,744 shares of the company's stock valued at $52,683,000 after acquiring an additional 52,178 shares in the last quarter. 95.56% of the stock is currently owned by hedge funds and other institutional investors.

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Cushman & Wakefield Trading Down 1.2 %

CWK traded down $0.13 during trading on Tuesday, hitting $10.66. The company's stock had a trading volume of 1,063,468 shares, compared to its average volume of 1,945,397. Cushman & Wakefield plc has a twelve month low of $9.24 and a twelve month high of $16.11. The stock has a market cap of $2.45 billion, a PE ratio of 19.38 and a beta of 1.40. The firm's 50 day moving average price is $12.35 and its 200-day moving average price is $13.18. 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 released its earnings results on Thursday, February 20th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. The firm had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.67 billion. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. On average, analysts expect that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

Analysts Set New Price Targets

CWK has been the topic of several recent research reports. JPMorgan Chase & Co. upped 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 reduced their target price on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Jefferies Financial Group downgraded Cushman & Wakefield from a "buy" rating to a "hold" rating and dropped their price target for the stock from $18.00 to $14.00 in a research report on Thursday, January 2nd. Finally, The Goldman Sachs Group reduced their price objective on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating on the stock in a research report on Wednesday, March 19th. One 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. According to MarketBeat.com, Cushman & Wakefield has a consensus rating of "Hold" and an average price target of $14.10.

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.