Natixis Advisors LLC Has $23.90 Million Stock Holdings in Cushman & Wakefield plc (NYSE:CWK)

Natixis Advisors LLC lifted its position in shares of Cushman & Wakefield plc (NYSE:CWK) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,827,340 shares of the company’s stock after purchasing an additional 129,806 shares during the quarter. Natixis Advisors LLC’s holdings in Cushman & Wakefield were worth $23,901,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. 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 in the last quarter. Blue Trust Inc. raised its holdings in shares of Cushman & Wakefield by 26.5% during the fourth quarter. Blue Trust Inc. now owns 4,429 shares of the company’s stock worth $60,000 after acquiring an additional 928 shares during the period. KBC Group NV lifted its position in Cushman & Wakefield by 31.7% in the 3rd quarter. KBC Group NV now owns 7,961 shares of the company’s stock valued at $109,000 after acquiring an additional 1,915 shares in the last quarter. Ieq Capital LLC acquired a new position in Cushman & Wakefield in the 4th quarter worth $135,000. Finally, Jones Financial Companies Lllp increased its holdings in Cushman & Wakefield by 143.9% during the 4th quarter. Jones Financial Companies Lllp now owns 11,188 shares of the company’s stock worth $146,000 after purchasing an additional 6,600 shares in the last quarter. Institutional investors and hedge funds own 95.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CWK shares. The Goldman Sachs Group cut their price target on Cushman & Wakefield from $14.50 to $13.00 and set a “sell” rating on the stock in a report on Friday, February 21st. JPMorgan Chase & Co. boosted their target price on Cushman & Wakefield from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. Jefferies Financial Group downgraded Cushman & Wakefield from a “buy” rating to a “hold” rating and reduced their price target for the stock from $18.00 to $14.00 in a research report on Thursday, January 2nd. Finally, Citigroup lowered their price objective on shares of Cushman & Wakefield from $16.00 to $12.00 and set a “neutral” rating on the stock in a report on Monday. One 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $14.40.

Cushman & Wakefield Trading Up 0.1 %

Shares of Cushman & Wakefield stock opened at $10.71 on Tuesday. The stock has a market cap of $2.46 billion, a P/E ratio of 19.46 and a beta of 1.40. 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 12-month low of $9.24 and a 12-month high of $16.11. The business’s 50 day moving average is $12.50 and its 200-day moving average is $13.27.

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

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.