Natixis Advisors LLC Increases Stock Position in Cushman & Wakefield plc (NYSE:CWK)

Natixis Advisors LLC lifted its position in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 7.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,827,340 shares of the company's stock after buying an additional 129,806 shares during the quarter. Natixis Advisors LLC owned approximately 0.80% of Cushman & Wakefield worth $23,901,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its stake in shares of Cushman & Wakefield by 264.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock worth $48,000 after acquiring an additional 2,691 shares in the last quarter. Blue Trust Inc. boosted its holdings in Cushman & Wakefield by 26.5% in the fourth quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock valued at $60,000 after purchasing an additional 928 shares during the period. KBC Group NV grew 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 worth $109,000 after purchasing an additional 1,915 shares in the last quarter. Ieq Capital LLC purchased a new stake in Cushman & Wakefield during the 4th quarter worth about $135,000. Finally, Jones Financial Companies Lllp raised its position in Cushman & Wakefield by 143.9% in the 4th quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company's stock valued at $146,000 after purchasing an additional 6,600 shares in the last quarter. Institutional investors and hedge funds own 95.56% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Cushman & Wakefield from $14.00 to $17.00 and gave the stock a "neutral" rating in a research report on Monday, December 16th. The Goldman Sachs Group lowered their price target 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 reduced their price objective on shares of Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating on the stock in a report on Monday. Finally, Jefferies Financial Group downgraded shares of Cushman & Wakefield from a "buy" rating to a "hold" rating and lowered their target price for the stock from $18.00 to $14.00 in a research note on Thursday, January 2nd. 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $14.10.

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Cushman & Wakefield Stock Down 1.5 %

CWK stock traded down $0.16 during midday trading on Friday, reaching $10.42. 3,997,174 shares of the company were exchanged, compared to its average volume of 1,946,833. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 18.94 and a beta of 1.40. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.15. Cushman & Wakefield plc has a 1-year low of $9.24 and a 1-year high of $16.11. The stock's 50-day simple moving average is $12.40 and its 200 day simple moving average is $13.21.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. The firm had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.67 billion. On average, equities analysts forecast that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

Cushman & Wakefield 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.