Tudor Investment Corp ET AL Has $3.07 Million Stake in Cushman & Wakefield plc (NYSE:CWK)

Tudor Investment Corp ET AL cut its stake in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 62.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,019 shares of the company's stock after selling 399,044 shares during the period. Tudor Investment Corp ET AL owned 0.10% of Cushman & Wakefield worth $3,074,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its holdings in shares of Cushman & Wakefield by 264.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock worth $48,000 after purchasing an additional 2,691 shares during the period. Blue Trust Inc. raised its holdings in shares of 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 during the last quarter. Sterling Capital Management LLC grew its stake in shares of Cushman & Wakefield by 820.3% in the fourth quarter. Sterling Capital Management LLC now owns 7,215 shares of the company's stock worth $94,000 after purchasing an additional 6,431 shares in the last quarter. Ieq Capital LLC acquired a new position in shares of Cushman & Wakefield during the fourth quarter valued at $135,000. Finally, Jones Financial Companies Lllp raised its stake in shares of 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 purchasing an additional 6,600 shares in the last quarter. 95.56% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on CWK shares. UBS Group lowered their target price on shares of Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. 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 note on Thursday, April 10th. Citigroup cut their price objective on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Morgan Stanley reduced 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. Finally, The Goldman Sachs Group decreased their price objective on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $12.93.

Cushman & Wakefield Stock Performance

NYSE:CWK traded up $0.31 during midday trading on Thursday, reaching $10.28. The stock had a trading volume of 501,257 shares, compared to its average volume of 2,133,742. The stock has a market capitalization of $2.38 billion, a P/E ratio of 18.69 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 1-year low of $7.64 and a 1-year high of $16.11. The firm's fifty day simple moving average is $9.71 and its 200-day simple moving average is $12.26.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.02 by $0.07. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.26 billion. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. Cushman & Wakefield's quarterly 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.

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.