Cushman & Wakefield PLC (NYSE:CWK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Cushman & Wakefield PLC (NYSE:CWK) have received an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $17.5714.

A number of research analysts recently commented on CWK shares. Weiss Ratings upgraded Cushman & Wakefield from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Barclays lifted their price objective on Cushman & Wakefield from $15.00 to $16.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. Finally, UBS Group decreased their target price on Cushman & Wakefield from $17.00 to $15.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th.

Cushman & Wakefield Stock Performance

NYSE CWK opened at $12.87 on Friday. The firm has a market capitalization of $3.02 billion, a P/E ratio of 44.39 and a beta of 1.44. The stock has a 50-day simple moving average of $13.56 and a two-hundred day simple moving average of $13.30. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.08 and a current ratio of 1.08. Cushman & Wakefield has a fifty-two week low of $11.56 and a fifty-two week high of $17.40.

Cushman & Wakefield (NYSE:CWK) last posted its earnings results on Tuesday, June 30th. The company reported $0.35 EPS for the quarter. The firm had revenue of $2.76 billion for the quarter. Cushman & Wakefield had a return on equity of 15.90% and a net margin of 0.64%. On average, equities analysts forecast that Cushman & Wakefield will post 1.46 earnings per share for the current year.

Insider Transactions at Cushman & Wakefield

In other news, insider Laurida Sayed sold 16,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $13.88, for a total transaction of $222,080.00. Following the sale, the insider owned 5,461 shares of the company’s stock, valued at approximately $75,798.68. This represents a 74.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nathaniel Robinson sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $13.39, for a total transaction of $167,375.00. Following the completion of the transaction, the insider directly owned 58,376 shares of the company’s stock, valued at approximately $781,654.64. The trade was a 17.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is owned by corporate insiders.

Institutional Trading of Cushman & Wakefield

Several hedge funds have recently modified their holdings of CWK. Covestor Ltd raised its position in Cushman & Wakefield by 4,217.7% in the 4th quarter. Covestor Ltd now owns 2,677 shares of the company’s stock valued at $43,000 after purchasing an additional 2,615 shares in the last quarter. Versant Capital Management Inc lifted its stake in Cushman & Wakefield by 21.7% in the second quarter. Versant Capital Management Inc now owns 4,464 shares of the company’s stock worth $60,000 after acquiring an additional 795 shares during the last quarter. Global Retirement Partners LLC grew its holdings in Cushman & Wakefield by 4,505.7% during the 4th quarter. Global Retirement Partners LLC now owns 4,053 shares of the company’s stock worth $66,000 after acquiring an additional 3,965 shares in the last quarter. Impact Investors Inc acquired a new position in Cushman & Wakefield during the 1st quarter worth approximately $161,000. Finally, Personal CFO Solutions LLC increased its position in shares of Cushman & Wakefield by 11.2% in the 1st quarter. Personal CFO Solutions LLC now owns 16,326 shares of the company’s stock valued at $200,000 after purchasing an additional 1,650 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

Cushman & Wakefield Company Profile

Cushman & Wakefield plc is a global commercial real estate services company that helps property owners, occupiers, investors and developers manage and transact real estate. Its services include leasing, capital markets advisory, valuation and appraisal, investment and asset management, research, consulting, and tenant representation.

The company also provides property, facilities and project management services, supporting clients with day-to-day operations, workplace strategy, construction and development projects, and real estate portfolio planning.