Natixis Advisors LLC Has $23.14 Million Position in Cushman & Wakefield plc (NYSE:CWK)

Natixis Advisors LLC lifted its position in shares of Cushman & Wakefield plc (NYSE:CWK) by 46.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,697,534 shares of the company’s stock after purchasing an additional 540,700 shares during the period. Natixis Advisors LLC’s holdings in Cushman & Wakefield were worth $23,137,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CWK. Vanguard Group Inc. increased its position in Cushman & Wakefield by 4.0% during the first quarter. Vanguard Group Inc. now owns 28,788,309 shares of the company’s stock worth $301,126,000 after buying an additional 1,110,076 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Cushman & Wakefield by 31.2% during the 2nd quarter. Victory Capital Management Inc. now owns 10,395,027 shares of the company’s stock worth $108,108,000 after acquiring an additional 2,469,831 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Cushman & Wakefield by 23.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 10,173,171 shares of the company’s stock worth $105,802,000 after acquiring an additional 1,910,212 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in Cushman & Wakefield by 12.7% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 6,208,780 shares of the company’s stock valued at $64,571,000 after acquiring an additional 697,890 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in Cushman & Wakefield by 18.8% during the 1st quarter. Janus Henderson Group PLC now owns 4,400,751 shares of the company’s stock valued at $46,032,000 after purchasing an additional 695,005 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

Cushman & Wakefield Stock Up 0.6 %

Shares of CWK opened at $13.93 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.76. Cushman & Wakefield plc has a 12 month low of $8.09 and a 12 month high of $16.11. The firm’s 50 day moving average is $13.41 and its 200-day moving average is $12.21. The stock has a market capitalization of $3.20 billion, a PE ratio of 37.64 and a beta of 1.30.

Cushman & Wakefield (NYSE:CWK) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02. Cushman & Wakefield had a return on equity of 12.10% and a net margin of 0.94%. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the previous year, the firm earned $0.21 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities research analysts forecast that Cushman & Wakefield plc will post 0.86 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CWK shares. Raymond James increased their price target on shares of Cushman & Wakefield from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. JPMorgan Chase & Co. increased their target price on Cushman & Wakefield from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $12.80.

About Cushman & Wakefield

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East and Africa; and Asia Pacific segments.