Cushman & Wakefield plc (NYSE:CWK) Stock Position Boosted by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. raised its holdings in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 83.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,380,120 shares of the company's stock after buying an additional 5,171,340 shares during the period. Cushman & Wakefield comprises 1.4% of Vaughan Nelson Investment Management L.P.'s investment portfolio, making the stock its 20th largest position. Vaughan Nelson Investment Management L.P. owned 4.96% of Cushman & Wakefield worth $155,110,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Swiss National Bank raised its holdings in Cushman & Wakefield by 14.6% in the first quarter. Swiss National Bank now owns 359,000 shares of the company's stock valued at $3,755,000 after acquiring an additional 45,700 shares in the last quarter. Sei Investments Co. raised its holdings in Cushman & Wakefield by 52.8% in the first quarter. Sei Investments Co. now owns 658,629 shares of the company's stock valued at $6,889,000 after acquiring an additional 227,519 shares in the last quarter. US Bancorp DE acquired a new stake in Cushman & Wakefield in the first quarter valued at $569,000. ProShare Advisors LLC raised its holdings in Cushman & Wakefield by 7.4% in the first quarter. ProShare Advisors LLC now owns 33,539 shares of the company's stock valued at $351,000 after acquiring an additional 2,303 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised 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 in the last quarter. 95.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on CWK. JPMorgan Chase & Co. upped 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 boosted their target price on shares of Cushman & Wakefield from $14.00 to $16.00 and gave the company an "outperform" rating in a research note on Thursday, July 25th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $12.80.

Cushman & Wakefield Stock Performance

Shares of Cushman & Wakefield stock traded down $0.27 during trading on Friday, hitting $13.84. 1,375,289 shares of the stock were exchanged, compared to its average volume of 2,253,983. The stock's fifty day moving average is $13.41 and its 200 day moving average is $12.19. The stock has a market cap of $3.18 billion, a PE ratio of 37.41 and a beta of 1.30. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18. 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 released its quarterly earnings results on Monday, November 4th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $1.61 billion. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 earnings per share. As a group, sell-side analysts anticipate that Cushman & Wakefield plc will post 0.86 EPS for the current year.

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.