Jefferies Financial Group Inc. Purchases New Position in Cushman & Wakefield plc (NYSE:CWK)

Jefferies Financial Group Inc. bought a new position in Cushman & Wakefield plc (NYSE:CWK - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 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 SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in Cushman & Wakefield by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 13,700,599 shares of the company's stock valued at $179,204,000 after purchasing an additional 806,684 shares during the period. Vaughan Nelson Investment Management L.P. grew its position in shares of Cushman & Wakefield by 9.6% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 12,474,380 shares of the company's stock valued at $163,164,000 after purchasing an additional 1,094,260 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Cushman & Wakefield by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,586,407 shares of the company's stock worth $151,551,000 after purchasing an additional 736,955 shares during the last quarter. Channing Capital Management LLC bought a new position in Cushman & Wakefield during the fourth quarter valued at approximately $61,732,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Cushman & Wakefield by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,027,744 shares of the company's stock valued at $52,683,000 after buying an additional 52,178 shares in the last quarter. 95.56% of the stock is currently owned by hedge funds and other institutional investors.

Cushman & Wakefield Stock Down 1.3%

Shares of CWK traded down $0.14 during mid-day trading on Monday, hitting $10.42. The company's stock had a trading volume of 136,637 shares, compared to its average volume of 2,127,120. The company's 50-day moving average is $9.60 and its 200-day moving average is $12.11. The company has a current ratio of 1.15, a quick ratio of 1.18 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 18.95 and a beta of 1.37. 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 released its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.26 billion. The firm's revenue was up 4.6% on a year-over-year basis. On average, equities research analysts forecast that Cushman & Wakefield plc will post 1.2 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CWK shares. JPMorgan Chase & Co. decreased their price target on shares of Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. The Goldman Sachs Group lowered their price objective on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research note on Wednesday, March 19th. UBS Group cut their target price on Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Citigroup lowered 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, Morgan Stanley dropped 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 note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Cushman & Wakefield has an average rating of "Hold" and a consensus target price 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.