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Natixis Advisors LP holds $1.63M position in Cushman & Wakefield plc (NYSE:CWK)


Natixis Advisors LP bought a new position in Cushman & Wakefield plc (NYSE:CWK – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 150,746 shares of the company’s stock, valued at approximately $1,627,000. Natixis Advisors LP owned about 0.07% of Cushman & Wakefield at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CWK. SummerHaven Investment Management LLC boosted its holdings in shares of Cushman & Wakefield by 1.3% in the 4th quarter. SummerHaven Investment Management LLC now owns 77,588 shares of the company’s stock worth $838,000 after purchasing an additional 1,026 shares in the last quarter. Barclays PLC raised its stake in Cushman & Wakefield by 1.9% in the third quarter. Barclays PLC now owns 104,697 shares of the company’s stock worth $797,000 after acquiring an additional 1,983 shares in the last quarter. Paralel Advisors LLC boosted its position in Cushman & Wakefield by 1.3% in the third quarter. Paralel Advisors LLC now owns 181,657 shares of the company’s stock valued at $1,384,000 after buying an additional 2,268 shares during the period. Olympiad Research LP grew its stake in Cushman & Wakefield by 13.2% in the third quarter. Olympiad Research LP now owns 20,006 shares of the company’s stock valued at $152,000 after buying an additional 2,332 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Cushman & Wakefield by 30.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 11,598 shares of the company’s stock worth $88,000 after buying an additional 2,737 shares during the period. Institutional investors own 95.56% of the company’s shares.

Insiders place their bets

In other Cushman & Wakefield news, insider Nathaniel Robinson sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $9.99, for a total transaction of $399,600.00. Following the transaction, the insider now owns 40,427 shares in the company, valued at approximately $403,865.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. In other news, major shareholder Tpg Gp A, Llc sold 7,734,954 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $9.74, for a total value of $75,338,451.96. Following the sale, the insider now directly owns 17,098,001 shares of the company’s stock, valued at approximately $166,534,529.74. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC’s website. Also, insider Nathaniel Robinson sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $9.99, for a total value of $399,600.00. Following the transaction, the insider now directly owns 40,427 shares of the company’s stock, valued at approximately $403,865.73. The disclosure for this sale can be found here. 1.01% of shares are currently owned by company insiders.

Changes in Analyst Ratings

CWK has been the subject of several analyst reports. Jefferies Financial Group initiated coverage on Cushman & Wakefield in a report on Wednesday, April 10th. They set a “buy” rating and a $13.00 price target for the company. Raymond James cut shares of Cushman & Wakefield from a “strong-buy” rating to an “outperform” rating and set a $13.00 target price on the stock. in a report on Wednesday, April 3. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Cushman & Wakefield in a report on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $11.08.

Check out the latest stock analysis on CWK

Cushman and Wakefield price performance

CWK opened at $10.86 on Wednesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.13, and a current ratio of 1.13. The stock has a market cap of $2.49 billion, a PE ratio of 271.50 and a beta of 1.33. The stock’s 50-day moving average price is $9.98 and its 200-day moving average price is $9.73. Cushman & Wakefield plc has a 52-week low of $6.24 and a 52-week high of $11.76.

Cushman & Wakefield (NYSE:CWK – Get Your Free Report ) last issued its quarterly earnings data on Tuesday, February 20th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.06. Cushman & Wakefield had a net margin of 0.13% and a return on equity of 12.41%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same period in the previous year, the firm earned $0.46 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. On average, equities research analysts forecast that Cushman & Wakefield plc will post 0.97 EPS for the current year.

About Cushman & Wakefield

(Free report)

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 across America; Europe, Middle East and Africa; and the Asia Pacific segments.

Further reading

Want to see what other hedge funds hold CWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cushman & Wakefield plc (NYSE:CWK – Free Report).

Institutional Ownership by Quarter for Cushman & Wakefield (NYSE:CWK)



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