Susquehanna Fundamental Investments LLC Purchases New Stake in Cushman & Wakefield plc (NYSE:CWK)

Susquehanna Fundamental Investments LLC purchased a new position in Cushman & Wakefield plc (NYSE:CWK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 79,178 shares of the company's stock, valued at approximately $1,036,000.

Several other institutional investors have also modified their holdings of CWK. Vestcor Inc raised its stake in shares of Cushman & Wakefield by 316.7% in the 4th quarter. Vestcor Inc now owns 70,529 shares of the company's stock valued at $923,000 after purchasing an additional 53,602 shares during the period. Knights of Columbus Asset Advisors LLC acquired a new stake in Cushman & Wakefield in the 4th quarter valued at approximately $1,003,000. JPMorgan Chase & Co. lifted its stake in Cushman & Wakefield by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 13,700,599 shares of the company's stock valued at $179,204,000 after acquiring an additional 806,684 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Cushman & Wakefield during the 4th quarter worth approximately $318,000. Finally, Channing Capital Management LLC bought a new position in shares of Cushman & Wakefield during the 4th quarter worth approximately $61,732,000. Institutional investors own 95.56% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CWK. The Goldman Sachs Group reduced their target price on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a report on Wednesday, March 19th. UBS Group reduced 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 note on Friday, April 11th. JPMorgan Chase & Co. lowered their target price on Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Citigroup reduced 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 lowered their price objective on shares of Cushman & Wakefield from $15.00 to $14.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Cushman & Wakefield currently has an average rating of "Hold" and a consensus target price of $12.93.

Cushman & Wakefield Stock Performance

Shares of Cushman & Wakefield stock traded up $0.06 during trading on Wednesday, reaching $9.90. The company's stock had a trading volume of 182,563 shares, compared to its average volume of 2,132,280. The company has a quick ratio of 1.18, a current ratio of 1.15 and a debt-to-equity ratio of 1.67. The business's 50-day moving average price is $9.75 and its 200-day moving average price is $12.27. Cushman & Wakefield plc has a 52 week low of $7.64 and a 52 week high of $16.11. The firm has a market cap of $2.29 billion, a PE ratio of 17.99 and a beta of 1.37.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, topping 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 analysts' expectations of $2.26 billion. The company's revenue for the quarter was up 4.6% compared to the same quarter last year. Equities analysts forecast that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.

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.