Natixis Advisors LLC Has $23.14 Million Stock Position in Cushman & Wakefield plc (NYSE:CWK)

Natixis Advisors LLC boosted its position in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 46.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,697,534 shares of the company's stock after purchasing an additional 540,700 shares during the period. Natixis Advisors LLC owned about 0.74% of Cushman & Wakefield worth $23,137,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Swiss National Bank lifted its holdings in shares of Cushman & Wakefield by 14.6% during the 1st quarter. Swiss National Bank now owns 359,000 shares of the company's stock worth $3,755,000 after acquiring an additional 45,700 shares during the period. US Bancorp DE acquired a new stake in shares of Cushman & Wakefield during the 1st quarter worth $569,000. ProShare Advisors LLC raised its position in shares of Cushman & Wakefield by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 33,539 shares of the company's stock worth $351,000 after buying an additional 2,303 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Cushman & Wakefield by 22.2% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 276,253 shares of the company's stock valued at $2,839,000 after acquiring an additional 50,169 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Cushman & Wakefield by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 28,788,309 shares of the company's stock valued at $301,126,000 after purchasing an additional 1,110,076 shares in the last quarter. Hedge funds and other institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Stock Performance

Shares of CWK traded down $0.08 during mid-day trading on Tuesday, reaching $13.85. 240,004 shares of the company's stock traded hands, compared to its average volume of 2,190,629. The business's 50-day moving average price is $13.41 and its 200-day moving average price is $12.21. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market capitalization of $3.18 billion, a P/E ratio of 37.64 and a beta of 1.30. Cushman & Wakefield plc has a 12 month low of $8.09 and a 12 month high of $16.11.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. Cushman & Wakefield had a return on equity of 12.10% and a net margin of 0.94%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the previous year, the business earned $0.21 EPS. The company's quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts predict that Cushman & Wakefield plc will post 0.86 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on CWK shares. JPMorgan Chase & Co. raised their price target on shares of Cushman & Wakefield from $12.00 to $14.00 and gave the company a "neutral" rating in a report on Tuesday, July 30th. Raymond James raised their target price on Cushman & Wakefield from $14.00 to $16.00 and gave the company an "outperform" rating in a report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $12.80.

Cushman & Wakefield Company Profile

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.