Knights of Columbus Asset Advisors LLC bought a new stake in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 76,681 shares of the company's stock, valued at approximately $1,003,000.
Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted 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 purchasing an additional 2,691 shares during the period. Blue Trust Inc. raised its position in shares of Cushman & Wakefield by 26.5% in the fourth quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock worth $60,000 after buying an additional 928 shares in the last quarter. Ieq Capital LLC bought a new stake in Cushman & Wakefield during the fourth quarter valued at $135,000. Walleye Capital LLC purchased a new position in Cushman & Wakefield during the third quarter worth about $150,000. Finally, Jones Financial Companies Lllp increased its stake in Cushman & Wakefield by 143.9% in the 4th quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company's stock worth $146,000 after acquiring an additional 6,600 shares during the last quarter. 95.56% of the stock is owned by institutional investors.
Cushman & Wakefield Trading Down 1.6 %
Shares of NYSE:CWK traded down $0.17 on Thursday, reaching $10.47. 1,867,668 shares of the company traded hands, compared to its average volume of 1,942,443. Cushman & Wakefield plc has a 52 week low of $9.24 and a 52 week high of $16.11. 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 business's 50-day simple moving average is $12.27 and its 200 day simple moving average is $13.15. The stock has a market capitalization of $2.40 billion, a P/E ratio of 19.03 and a beta of 1.40.
Cushman & Wakefield (NYSE:CWK - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. The business had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.67 billion. As a group, equities analysts anticipate that Cushman & Wakefield plc will post 1.2 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on CWK shares. Citigroup dropped their price target on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. The Goldman Sachs Group lowered their price target 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. Jefferies Financial Group cut Cushman & Wakefield from a "buy" rating to a "hold" rating and cut their price objective for the stock from $18.00 to $14.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. raised their price objective on Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Cushman & Wakefield currently has a consensus rating of "Hold" and a consensus price target of $14.10.
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Cushman & Wakefield Company Profile
(
Free Report)
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.
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