Jefferies Financial Group Inc. Invests $2.50 Million in Cushman & Wakefield plc (NYSE:CWK)

Jefferies Financial Group Inc. purchased a new position in Cushman & Wakefield plc (NYSE:CWK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 191,000 shares of the company's stock, valued at approximately $2,498,000. Jefferies Financial Group Inc. owned 0.08% of Cushman & Wakefield as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of CWK. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Cushman & Wakefield by 54.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,067,526 shares of the company's stock valued at $40,123,000 after acquiring an additional 1,084,940 shares during the last quarter. Teza Capital Management LLC grew its position in Cushman & Wakefield by 124.4% in the fourth quarter. Teza Capital Management LLC now owns 62,797 shares of the company's stock valued at $821,000 after acquiring an additional 34,807 shares during the last quarter. ProShare Advisors LLC grew its position in Cushman & Wakefield by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 69,020 shares of the company's stock valued at $903,000 after acquiring an additional 21,242 shares during the last quarter. Nuveen Asset Management LLC grew its position in Cushman & Wakefield by 37.9% in the fourth quarter. Nuveen Asset Management LLC now owns 800,888 shares of the company's stock valued at $10,476,000 after acquiring an additional 219,990 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Cushman & Wakefield by 4.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 130,332 shares of the company's stock valued at $1,705,000 after acquiring an additional 4,963 shares during the last quarter. Institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Trading Down 0.8%

Shares of Cushman & Wakefield stock traded down $0.08 during midday trading on Friday, reaching $10.05. The company had a trading volume of 1,440,276 shares, compared to its average volume of 1,985,169. Cushman & Wakefield plc has a fifty-two week low of $7.64 and a fifty-two week high of $16.11. 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 stock has a fifty day moving average price of $9.45 and a 200 day moving average price of $11.83. The firm has a market cap of $2.32 billion, a PE ratio of 18.27 and a beta of 1.37.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.07. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.26 billion. Cushman & Wakefield's revenue for the quarter was up 4.6% on a year-over-year basis. On average, equities analysts anticipate that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Citigroup decreased their target price on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. The Goldman Sachs Group reduced their price target on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating on the stock in a report on Wednesday, March 19th. JPMorgan Chase & Co. reduced their price target on Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. UBS Group reduced their price target on Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Finally, Morgan Stanley reduced their price target on Cushman & Wakefield from $15.00 to $14.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Cushman & Wakefield currently has a consensus rating of "Hold" and a consensus price target of $12.93.

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.