Cushman & Wakefield plc (NYSE:CWK) Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its position in shares of Cushman & Wakefield plc (NYSE:CWK) by 143.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,188 shares of the company’s stock after buying an additional 6,600 shares during the quarter. Jones Financial Companies Lllp’s holdings in Cushman & Wakefield were worth $146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CWK. Vaughan Nelson Investment Management L.P. raised its stake in shares of Cushman & Wakefield by 83.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 11,380,120 shares of the company’s stock worth $155,110,000 after buying an additional 5,171,340 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Cushman & Wakefield by 737.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,982,586 shares of the company’s stock worth $27,023,000 after buying an additional 1,745,986 shares during the last quarter. New York State Common Retirement Fund raised its stake in shares of Cushman & Wakefield by 579.8% during the 4th quarter. New York State Common Retirement Fund now owns 1,295,988 shares of the company’s stock worth $16,952,000 after buying an additional 1,105,355 shares during the last quarter. Basswood Capital Management L.L.C. raised its stake in shares of Cushman & Wakefield by 129.2% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 1,654,768 shares of the company’s stock worth $22,554,000 after buying an additional 932,649 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Cushman & Wakefield by 9.8% during the 3rd quarter. State Street Corp now owns 8,463,595 shares of the company’s stock worth $115,359,000 after buying an additional 756,966 shares during the last quarter. Institutional investors and hedge funds own 95.56% of the company’s stock.

Cushman & Wakefield Trading Up 2.6 %

NYSE CWK opened at $10.67 on Friday. Cushman & Wakefield plc has a 12 month low of $9.24 and a 12 month high of $16.11. The company has a 50-day moving average of $12.54 and a 200-day moving average of $13.28. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.15 and a quick ratio of 1.18. The company has a market cap of $2.45 billion, a P/E ratio of 19.39 and a beta of 1.40.

Cushman & Wakefield (NYSE:CWK) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. The company had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.67 billion. As a group, equities analysts predict that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

Analyst Ratings Changes

CWK has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. The Goldman Sachs Group cut their target price on shares of Cushman & Wakefield from $14.50 to $13.00 and set a “sell” rating for the company in a research note on Friday, February 21st. Finally, Jefferies Financial Group downgraded shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and cut their target price for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $15.00.

About Cushman & Wakefield

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.