135,944 Shares in Cushman & Wakefield plc (NYSE:CWK) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Cushman & Wakefield plc (NYSE:CWK - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 135,944 shares of the company's stock, valued at approximately $1,778,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Cushman & Wakefield as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Smartleaf Asset Management LLC grew its position in shares of Cushman & Wakefield by 264.3% during the 4th 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 during the last quarter. Blue Trust Inc. grew its position in shares of Cushman & Wakefield by 26.5% during the 4th quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock valued at $60,000 after buying an additional 928 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Cushman & Wakefield by 820.3% during the 4th 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 during the last quarter. Ieq Capital LLC bought a new stake in shares of Cushman & Wakefield during the 4th quarter valued at about $135,000. Finally, Jones Financial Companies Lllp grew its position in shares of Cushman & Wakefield by 143.9% during the 4th 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 during the last quarter. Institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Stock Performance

Shares of NYSE:CWK traded up $0.07 during trading hours on Friday, hitting $10.25. The stock had a trading volume of 946,499 shares, compared to its average volume of 1,956,527. The stock's fifty day simple moving average is $9.43 and its 200 day simple moving average is $11.69. Cushman & Wakefield plc has a 1-year low of $7.64 and a 1-year high of $16.11. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 18.63 and a beta of 1.43. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.15.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.26 billion. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. Cushman & Wakefield's revenue for the quarter was up 4.6% compared to the same quarter last year. Sell-side analysts anticipate that Cushman & Wakefield plc will post 1.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CWK. UBS Group lowered their price objective on shares of Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. JPMorgan Chase & Co. lowered their price objective on shares of 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 lowered their price objective on shares of 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 lowered their price objective on shares of 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, The Goldman Sachs Group decreased their target price on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research report on Wednesday, March 19th. One 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 has an average rating of "Hold" and a consensus price target of $12.93.

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.