WCM Investment Management LLC Has $31.74 Million Position in Cushman & Wakefield plc (NYSE:CWK)

WCM Investment Management LLC lessened its stake in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,437,558 shares of the company's stock after selling 96,547 shares during the quarter. WCM Investment Management LLC owned approximately 1.06% of Cushman & Wakefield worth $31,737,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of CWK. Blue Trust Inc. grew its holdings in shares of Cushman & Wakefield by 137.5% during the third quarter. Blue Trust Inc. now owns 3,501 shares of the company's stock valued at $48,000 after purchasing an additional 2,027 shares during the last quarter. GAMMA Investing LLC grew its stake in Cushman & Wakefield by 45.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after buying an additional 1,629 shares during the last quarter. 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 buying an additional 1,915 shares during the last quarter. CWM LLC increased its position in Cushman & Wakefield by 67.6% in the third quarter. CWM LLC now owns 9,167 shares of the company's stock worth $125,000 after buying an additional 3,699 shares during the period. Finally, Walleye Capital LLC bought a new stake in Cushman & Wakefield in the third quarter valued at $150,000. Institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Stock Down 2.4 %

NYSE:CWK traded down $0.32 during trading hours on Wednesday, hitting $12.77. 1,197,968 shares of the company's stock traded hands, compared to its average volume of 1,478,602. The firm has a market cap of $2.93 billion, a P/E ratio of 34.51 and a beta of 1.34. 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's fifty day moving average price is $13.45 and its two-hundred day moving average price is $13.41. Cushman & Wakefield plc has a twelve month low of $9.24 and a twelve month high of $16.11.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Cushman & Wakefield from $14.00 to $17.00 and gave the stock a "neutral" rating in a report on Monday, December 16th. The Goldman Sachs Group began coverage on Cushman & Wakefield in a report on Friday, December 6th. They issued a "sell" rating and a $15.00 price target on the stock. Finally, Jefferies Financial Group lowered Cushman & Wakefield from a "buy" rating to a "hold" rating and reduced their price objective 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, three have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $15.50.

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.