Cushman & Wakefield (NYSE:CWK) PT Raised to $16.00 at Raymond James

Cushman & Wakefield (NYSE:CWK) had its price objective upped by Raymond James from $14.00 to $16.00 in a report issued on Thursday morning, Benzinga reports. They currently have an outperform rating on the stock.

Other analysts have also recently issued research reports about the company. Wolfe Research reiterated a peer perform rating on shares of Cushman & Wakefield in a research report on Tuesday, April 9th. Jefferies Financial Group assumed coverage on Cushman & Wakefield in a research report on Wednesday, April 10th. They set a buy rating and a $13.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Cushman & Wakefield from $11.00 to $12.00 and gave the stock a neutral rating in a research report on Friday, June 21st. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Cushman & Wakefield currently has an average rating of Hold and an average target price of $12.08.

Cushman & Wakefield Trading Up 2.8 %

Cushman & Wakefield stock opened at $13.54 on Thursday. The stock has a market cap of $3.10 billion, a PE ratio of 338.50 and a beta of 1.33. The stock has a 50-day moving average price of $11.07 and a 200 day moving average price of $10.47. Cushman & Wakefield has a 52 week low of $6.24 and a 52 week high of $13.64. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.89.

Insider Buying and Selling at Cushman & Wakefield

In other Cushman & Wakefield news, major shareholder Tpg Gp A, Llc sold 17,098,001 shares of Cushman & Wakefield stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $11.00, for a total value of $188,078,011.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.01% of the stock is owned by company insiders.

Institutional Trading of Cushman & Wakefield

A number of institutional investors have recently modified their holdings of CWK. Vanguard Group Inc. grew its holdings in shares of Cushman & Wakefield by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 26,579,988 shares of the company’s stock worth $202,540,000 after purchasing an additional 665,070 shares during the period. SG Americas Securities LLC grew its holdings in shares of Cushman & Wakefield by 79.5% during the 4th quarter. SG Americas Securities LLC now owns 151,113 shares of the company’s stock worth $1,632,000 after purchasing an additional 66,941 shares during the period. KG&L Capital Management LLC purchased a new stake in shares of Cushman & Wakefield during the 4th quarter worth about $109,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Cushman & Wakefield by 6.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 74,772 shares of the company’s stock worth $808,000 after acquiring an additional 4,707 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Cushman & Wakefield during the 4th quarter worth approximately $8,742,000. Hedge funds and other institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Company Profile

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.