Cetera Trust Company N.A Purchases Shares of 15,600 Cushman & Wakefield plc (NYSE:CWK)

Cetera Trust Company N.A purchased a new stake in Cushman & Wakefield plc (NYSE:CWKFree Report) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 15,600 shares of the company’s stock, valued at approximately $168,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Xponance Inc. acquired a new position in Cushman & Wakefield in the fourth quarter valued at approximately $109,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Cushman & Wakefield by 11.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,357 shares of the company’s stock worth $393,000 after purchasing an additional 3,774 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of Cushman & Wakefield during the fourth quarter worth approximately $908,000. WCM Investment Management LLC raised its position in shares of Cushman & Wakefield by 18.9% during the fourth quarter. WCM Investment Management LLC now owns 1,915,865 shares of the company’s stock worth $21,075,000 after purchasing an additional 304,043 shares during the period. Finally, Peregrine Capital Management LLC acquired a new position in shares of Cushman & Wakefield during the fourth quarter worth approximately $5,655,000. 95.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group assumed coverage on Cushman & Wakefield in a research report on Wednesday, April 10th. They set a “buy” rating and a $13.00 target price on the stock. Wolfe Research reaffirmed a “peer perform” rating on shares of Cushman & Wakefield in a research report on Tuesday, April 9th. Finally, Raymond James lowered Cushman & Wakefield from a “strong-buy” rating to an “outperform” rating and set a $13.00 target price on the stock. in a research report on Wednesday, April 3rd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.08.

View Our Latest Report on Cushman & Wakefield

Cushman & Wakefield Price Performance

NYSE CWK opened at $9.33 on Monday. The business has a fifty day simple moving average of $10.10 and a 200 day simple moving average of $9.39. Cushman & Wakefield plc has a 12 month low of $6.24 and a 12 month high of $11.76. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.17 and a quick ratio of 1.17.

Cushman & Wakefield (NYSE:CWKGet Free Report) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $1.78 billion. Cushman & Wakefield had a positive return on equity of 11.87% and a negative net margin of 0.37%. Cushman & Wakefield’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS. As a group, equities research analysts expect that Cushman & Wakefield plc will post 0.99 earnings per share for the current fiscal year.

Insider Buying and Selling at Cushman & Wakefield

In other Cushman & Wakefield news, insider Nathaniel Robinson sold 40,000 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $9.99, for a total value of $399,600.00. Following the completion of the transaction, the insider now owns 40,427 shares in the company, valued at approximately $403,865.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Cushman & Wakefield news, major shareholder Tpg Gp A, Llc sold 7,734,954 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $9.74, for a total value of $75,338,451.96. Following the completion of the transaction, the insider now owns 17,098,001 shares in the company, valued at approximately $166,534,529.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nathaniel Robinson sold 40,000 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $9.99, for a total value of $399,600.00. Following the completion of the transaction, the insider now owns 40,427 shares of the company’s stock, valued at approximately $403,865.73. The disclosure for this sale can be found here. Corporate insiders own 1.01% of the company’s stock.

Cushman & Wakefield Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cushman & Wakefield (NYSE:CWK)

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