ProShare Advisors LLC Has $351,000 Stock Position in Cushman & Wakefield plc (NYSE:CWK)

ProShare Advisors LLC raised its stake in Cushman & Wakefield plc (NYSE:CWK – Free Report) by 7.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,539 shares of the company’s stock after acquiring an additional 2,303 shares during the quarter. ProShare Advisors LLC’s holdings in Cushman & Wakefield were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Cushman & Wakefield by 2.6% in the third quarter. Vanguard Group Inc. now owns 26,579,988 shares of the company’s stock valued at $202,540,000 after purchasing an additional 665,070 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Cushman & Wakefield by 79.5% in the 4th quarter. SG Americas Securities LLC now owns 151,113 shares of the company’s stock valued at $1,632,000 after buying an additional 66,941 shares during the period. KG&L Capital Management LLC bought a new stake in shares of Cushman & Wakefield during the fourth quarter worth $109,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Cushman & Wakefield by 6.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 74,772 shares of the company’s stock valued at $808,000 after acquiring an additional 4,707 shares during the period. Finally, Vaughan Nelson Investment Management LP bought a new position in Cushman & Wakefield in the fourth quarter valued at about $8,742,000. 95.56% of the stock is owned by institutional investors.

Cushman & Wakefield Stock Up 5.9 %

Shares of NYSE:CWK opened at $13.17 on Friday. The company has a 50 day moving average price of $11.03 and a two-hundred day moving average price of $10.44. The company has a market capitalization of $3.02 billion, a PE ratio of 329.25 and a beta of 1.33. Cushman & Wakefield plc has a 52 week low of $6.24 and a 52 week high of $13.35. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.13 and a current ratio of 1.13.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CWK. JPMorgan Chase & Co. upped their target price on shares of Cushman & Wakefield from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, June 21st. Jefferies Financial Group started coverage on shares of Cushman & Wakefield in a research note on Wednesday, April 10th. They issued a “buy” rating and a $13.00 price objective on the stock. Wolfe Research reiterated a “peer perform” rating on shares of Cushman & Wakefield in a research report on Tuesday, April 9th. Finally, Raymond James raised their price target on Cushman & Wakefield from $14.00 to $16.00 and gave the stock an “outperform” rating in a research report on Thursday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.08.

View Our Latest Analysis on Cushman & Wakefield

Insider Activity

In related news, major shareholder Tpg Gp A, Llc sold 17,098,001 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $11.00, for a total transaction of $188,078,011.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.01% of the stock is owned by company insiders.

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 through the Americas; Europe, Middle East and Africa; and Asia Pacific segments.

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