Victory Capital Management Inc. has $44.26M stake in Cushman & Wakefield plc (NYSE:CWK)

Victory Capital Management Inc. lessened its holdings in shares of Cushman & Wakefield plc (NYSE:CWK – Free Report) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,098,252 shares of the company’s stock after selling 100,077 shares during the period. Victory Capital Management Inc Holdings in Cushman & Wakefield were worth $44,261,000 as of its most recent SEC filing.

Several other large investors have added to or reduced their stakes in CWK. GAMMA Investing LLC purchased a new position in Cushman & Wakefield during the fourth quarter valued at $50,000. AXQ Capital LP purchased a new position in Cushman & Wakefield during the third quarter valued at $79,000. Allspring Global Investments Holdings LLC boosted its holdings in Cushman & Wakefield by 30.9% during 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 last quarter. KG&L Capital Management LLC purchased a new position in Cushman & Wakefield in the fourth quarter valued at $109,000. Finally, Xponance Inc. acquired a new position in Cushman & Wakefield during the fourth quarter valued at $109,000. Institutional investors and hedge funds own 95.56% of the company’s shares.

Indoor activity

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

Changes in Analyst Ratings

Several brokerages have recently commented on CWK. Jefferies Financial Group began coverage on shares of Cushman & Wakefield in a research note on Wednesday, April 10th. They issued a “buy” rating and a $13.00 price target for the company. Wolfe Research reiterated a “peer perform” rating on shares of Cushman & Wakefield in a research note on Tuesday, April 9th. Finally, Raymond James lowered shares of Cushman & Wakefield from a “strong-buy” rating to an “outperform” rating and set a $13.00 target price for the company. in a research note on Wednesday, April 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.08.

Read our latest analysis of Cushman and Wakefield

Cushman & Wakefield Stock Performance

CWK stock opened at $10.02 on Monday. The stock has a market cap of $2.30 billion, a P/E ratio of 250.50 and a beta of 1.33. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.13, and a quick ratio of 1.17. The company has a fifty day moving average price of $9.89 and a two hundred day moving average price of $9.55. Cushman & Wakefield plc has a one year low of $6.24 and a one year 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 for the quarter, topping the consensus estimate of $0.39 by $0.06. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $1.78 billion. Cushman & Wakefield had a net margin of 0.13% and a return on equity of 12.41%. The company’s revenue fell 3.6% year over year. In the same period last year, the firm earned $0.46 per share. As a group, equities analysts anticipate that Cushman & Wakefield plc will post 0.98 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).

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