Uniplan Investment Counsel Inc. Makes New Investment in Cushman & Wakefield plc (NYSE:CWK)

Uniplan Investment Counsel Inc. purchased a new stake in Cushman & Wakefield plc (NYSE:CWK) in the 4th quarter, Holdings Channel.com reports. The firm purchased 78,817 shares of the company’s stock, valued at approximately $1,031,000.

A number of other institutional investors have also modified their holdings of CWK. Blue Trust Inc. boosted its stake in Cushman & Wakefield by 26.5% in the fourth quarter. Blue Trust Inc. now owns 4,429 shares of the company’s stock valued at $60,000 after acquiring an additional 928 shares during the period. Xponance Inc. boosted its position in Cushman & Wakefield by 9.4% during the 4th quarter. Xponance Inc. now owns 16,484 shares of the company’s stock valued at $216,000 after purchasing an additional 1,423 shares during the period. State of New Jersey Common Pension Fund D grew its stake in Cushman & Wakefield by 1.2% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 150,910 shares of the company’s stock worth $1,974,000 after buying an additional 1,769 shares during the last quarter. Rhumbline Advisers increased its position in Cushman & Wakefield by 0.3% in the fourth quarter. Rhumbline Advisers now owns 714,630 shares of the company’s stock worth $9,347,000 after buying an additional 1,958 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in Cushman & Wakefield by 264.3% in 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 during the last quarter. Institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Stock Performance

CWK opened at $8.19 on Wednesday. The business has a fifty day simple moving average of $10.36 and a 200-day simple moving average of $12.51. The firm has a market cap of $1.88 billion, a PE ratio of 14.89 and a beta of 1.26. The company has a quick ratio of 1.18, a current ratio of 1.15 and a debt-to-equity ratio of 1.67. Cushman & Wakefield plc has a fifty-two week low of $7.64 and a fifty-two week high of $16.11.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. The firm had revenue of $2.63 billion for the quarter, compared to analysts’ expectations of $2.67 billion. As a group, equities analysts predict that Cushman & Wakefield plc will post 1.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group lowered shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and lowered their price target for the stock from $18.00 to $14.00 in a research report on Thursday, January 2nd. UBS Group cut their price target on Cushman & Wakefield from $14.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. Citigroup decreased 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. JPMorgan Chase & Co. cut their target price on Cushman & Wakefield from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. Finally, 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 note on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, Cushman & Wakefield presently has a consensus rating of “Hold” and an average target price of $12.75.

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.