SG Americas Securities LLC Sells 90,975 Cushman & Wakefield plc (NYSE:CWK) Shares

SG Americas Securities LLC lowered its position in shares of Cushman & Wakefield plc (NYSE:CWK – Free Report) by 60.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,138 shares of the company’s stock after selling 90,975 shares during the period. SG Americas Securities LLC’s holdings in Cushman & Wakefield were worth $629,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC bought a new position in Cushman & Wakefield during the fourth quarter valued at $50,000. Tower Research Capital LLC TRC grew its holdings in Cushman & Wakefield by 352.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,311 shares of the company’s stock valued at $79,000 after purchasing an additional 5,694 shares during the period. Pale Fire Capital SE bought a new position in Cushman & Wakefield during the fourth quarter valued at $108,000. KG&L Capital Management LLC bought a new position in Cushman & Wakefield during the fourth quarter valued at $109,000. Finally, Xponance Inc. bought a new position in shares of Cushman & Wakefield in the fourth quarter valued at $109,000. 95.56% of shares are held by institutional investors.

Insider buying and selling

In related news, major shareholder Tpg Gp A, Llc sold 17,098,001 shares of the 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 sale was disclosed in a filing with the SEC, which is available on the SEC’s website. 1.01% of shares are currently owned by company insiders.

Cushman & Wakefield trading down 0.4%

Shares of CWK stock opened at $12.46 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.13, and a current ratio of 1.13. Cushman & Wakefield plc has a 52-week low of $6.24 and a 52-week high of $12.99. The company has a market cap of $2.85 billion, a PE ratio of 311.38 and a beta of 1.33. The company’s fifty day moving average is $10.89 and its 200 day moving average is $10.36.

Changes in Analyst Ratings

A number of equities analysts recently commented on the company. Raymond James lowered Cushman & Wakefield from a “strong-buy” rating to an “outperform” rating and set a $13.00 target price for the company. in a report on Wednesday, April 3. Jefferies Financial Group assumed coverage on Cushman & Wakefield in a report on Wednesday, April 10th. They issued a “buy” rating and a $13.00 price target for the company. Wolfe Research reaffirmed a “peer perform” rating on shares of Cushman & Wakefield in a report on Tuesday, April 9th. Finally, JPMorgan Chase & Co. boosted their target price on Cushman & Wakefield from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Friday, June 21st. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $11.58, based on data from MarketBeat.

See our latest report on CWK

Cushman & Wakefield profile

(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.

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