Teza Capital Management LLC Buys 34,807 Shares of Cushman & Wakefield plc (NYSE:CWK)

Teza Capital Management LLC boosted its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 124.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,797 shares of the company's stock after buying an additional 34,807 shares during the quarter. Teza Capital Management LLC's holdings in Cushman & Wakefield were worth $821,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CWK. Smartleaf Asset Management LLC boosted its stake in Cushman & Wakefield by 264.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock valued at $48,000 after buying an additional 2,691 shares in the last quarter. Blue Trust Inc. boosted its stake in Cushman & Wakefield by 26.5% during the fourth quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock valued at $60,000 after buying an additional 928 shares in the last quarter. Sterling Capital Management LLC boosted its stake in Cushman & Wakefield by 820.3% during the fourth quarter. Sterling Capital Management LLC now owns 7,215 shares of the company's stock valued at $94,000 after buying an additional 6,431 shares in the last quarter. Ieq Capital LLC bought a new position in Cushman & Wakefield during the fourth quarter valued at about $135,000. Finally, Jones Financial Companies Lllp boosted its stake in Cushman & Wakefield by 143.9% during the fourth quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company's stock valued at $146,000 after buying an additional 6,600 shares in the last quarter. Institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Stock Down 0.1%

Cushman & Wakefield stock traded down $0.01 during mid-day trading on Friday, hitting $9.62. The company's stock had a trading volume of 1,534,089 shares, compared to its average volume of 2,017,935. The firm's 50 day moving average is $9.52 and its 200 day moving average is $11.98. The company has a market cap of $2.22 billion, a PE ratio of 17.48 and a beta of 1.37. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.15 and a quick ratio of 1.18. Cushman & Wakefield plc has a 52-week low of $7.64 and a 52-week high of $16.11.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CWK. The Goldman Sachs Group decreased their price target on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research report on Wednesday, March 19th. JPMorgan Chase & Co. decreased their price target on Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Morgan Stanley decreased their price target on Cushman & Wakefield from $15.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Citigroup decreased their price target on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Finally, UBS Group decreased their price target 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 analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Cushman & Wakefield currently has an average rating of "Hold" and a consensus target price of $12.93.

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.