2 weeks Ago By ABMN Staff
Cerity Partners LLC cut its holdings in Cushman & Wakefield plc ( NYSE:CWK – Free Report ) by 31.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,530 shares of the company’s stock after selling 7,738 shares during the period.
Cerity Partners LLC’s holdings in Cushman & Wakefield were worth $223,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also modified their holdings of CWK. Smartleaf Asset Management LLC raised 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 worth $48,000 after purchasing an additional 2,691 shares during the period. Blue Trust Inc.
raised its stake 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 during the period. Ieq Capital LLC purchased a new position in shares of Cushman & Wakefield during the 4th quarter valued at about $135,000. Jones Financial Companies Lllp grew its stake in shares of Cushman & Wakefield by 143.
9% during the 4th quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company’s stock valued at $146,000 after acquiring an additional 6,600 shares during the period. Finally, AXQ Capital LP bought a new position in shares of Cushman & Wakefield during the 4th quarter valued at approximately $169,000.
Hedge funds and other institutional investors own 95.56% of the company’s stock. Analysts Set New Price Targets Several equities analysts have weighed in on CWK shares.
Jefferies Financial Group downgraded shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and lowered their price target for the company from $18.00 to $14.00 in a report on Thursday, January 2nd.
The Goldman Sachs Group lowered their target price on shares of Cushman & Wakefield from $13.00 to $11.50 and set a “sell” rating on the stock in a research note on Wednesday, March 19th.
JPMorgan Chase & Co. cut their price target on Cushman & Wakefield from $17.00 to $14.
00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Morgan Stanley lowered their price objective on Cushman & Wakefield from $15.00 to $14.
00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, UBS Group cut their target price on Cushman & Wakefield from $14.00 to $9.
00 and set a “neutral” rating for the company in a research report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.
com, Cushman & Wakefield presently has a consensus rating of “Hold” and an average price target of $12.93. Cushman & Wakefield Trading Up 5.
0 % Shares of Cushman & Wakefield stock opened at $8.95 on Friday. Cushman & Wakefield plc has a twelve month low of $7.
64 and a twelve month high of $16.11. The company has a quick ratio of 1.
18, a current ratio of 1.15 and a debt-to-equity ratio of 1.67.
The business has a 50-day moving average price of $10.18 and a 200-day moving average price of $12.45.
The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 16.27 and a beta of 1.
26. Cushman & Wakefield ( NYSE:CWK – Get Free Report ) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.
48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03.
The business had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.67 billion.
Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%.
Equities research analysts anticipate that Cushman & Wakefield plc will post 1.2 EPS for the current fiscal year. About Cushman & Wakefield ( 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. Further Reading Want to see what other hedge funds are holding CWK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Cushman & Wakefield plc ( NYSE:CWK – Free Report ). Receive News & Ratings for Cushman & Wakefield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushman & Wakefield and related companies with MarketBeat.com's FREE daily email newsletter .
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