Choreo LLC Has $570,000 Position in Cushman & Wakefield plc (NYSE:CWK)

Choreo LLC cut its holdings in shares of Cushman & Wakefield plc (NYSE:CWK) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,748 shares of the company’s stock after selling 1,789 shares during the period. Choreo LLC’s holdings in Cushman & Wakefield were worth $570,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. raised its stake in shares of Cushman & Wakefield by 83.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 11,380,120 shares of the company’s stock valued at $155,110,000 after acquiring an additional 5,171,340 shares during the last quarter. State Street Corp increased its holdings in Cushman & Wakefield by 9.8% in the third quarter. State Street Corp now owns 8,463,595 shares of the company’s stock valued at $115,359,000 after purchasing an additional 756,966 shares during the period. Geode Capital Management LLC raised its position in Cushman & Wakefield by 7.5% during the 3rd quarter. Geode Capital Management LLC now owns 5,696,370 shares of the company’s stock worth $77,656,000 after purchasing an additional 395,652 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Cushman & Wakefield by 8.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,975,566 shares of the company’s stock worth $54,187,000 after buying an additional 301,186 shares during the period. Finally, WCM Investment Management LLC grew its position in shares of Cushman & Wakefield by 3.4% in the 3rd quarter. WCM Investment Management LLC now owns 2,534,105 shares of the company’s stock valued at $34,591,000 after buying an additional 84,002 shares during the last quarter. 95.56% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CWK. JPMorgan Chase & Co. raised 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 began coverage on shares of Cushman & Wakefield in a research report on Friday, December 6th. They set a “sell” rating and a $15.00 target price for the company. Finally, Jefferies Financial Group downgraded shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and dropped their price target for the stock from $18.00 to $14.00 in a research report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $15.50.

Cushman & Wakefield Stock Down 1.1 %

Shares of Cushman & Wakefield stock opened at $13.08 on Wednesday. The stock’s 50-day moving average is $13.54 and its 200 day moving average is $13.42. Cushman & Wakefield plc has a one year low of $9.24 and a one year high of $16.11. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 35.35 and a beta of 1.34. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.18 and a quick ratio of 1.18.

Cushman & Wakefield Company 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.