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Shares of Cushman & Wakefield plc (NYSE:CWK) were raised by Vanguard Group Inc.


Vanguard Group Inc. lifted its position in Cushman & Wakefield plc (NYSE:CWK – Free Report) by 4.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,788,309 shares of the company’s stock after acquiring an additional 1,110,076 shares during the quarter. Vanguard Group Inc. owned approximately 12.57% of Cushman & Wakefield worth $301,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in shares of Cushman & Wakefield in the fourth quarter valued at $50,000. Tower Research Capital LLC TRC increased its position in Cushman & Wakefield by 352.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,311 shares of the company’s stock worth $79,000 after purchasing an additional 5,694 shares. actions during the period. Pale Fire Capital SE purchased a new position in Cushman & Wakefield during the 4th quarter valued at about $108,000. Xponance Inc. acquired a new position in shares of Cushman & Wakefield in the 4th quarter valued at about $109,000. Finally, KG&L Capital Management LLC purchased a new stake in shares of Cushman & Wakefield in the fourth quarter valued at approximately $109,000. Institutional investors and hedge funds own 95.56% of the company’s shares.

Analyst upgrades and downgrades

A number of research analysts have recently commented on the stock. Raymond James boosted their price objective on shares of Cushman & Wakefield from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. boosted their target price on shares of Cushman & Wakefield from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, June 21st. Jefferies Financial Group assumed coverage on Cushman & Wakefield in a research report on Wednesday, April 10th. They set a “buy” rating and a $13.00 price objective for the company. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Cushman & Wakefield in a research report on Tuesday, April 9th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $12.08, based on data from MarketBeat.com.

Check out the latest stock analysis on Cushman & Wakefield

Insider trading at Cushman & Wakefield

In related news, major shareholder Tpg Gp A, Llc sold 17,098,001 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $11.00, for a total value of $188,078,011.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC’s website. 1.01% of shares are currently held by corporate insiders.

Cushman & Wakefield trading down 1.7%

Shares of Cushman & Wakefield stock opened at $13.31 on Tuesday. Cushman & Wakefield plc has a one year low of $6.24 and a one year high of $13.78. The company’s fifty day moving average price is $11.11 and its two hundred day moving average price is $10.49. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.13, and a quick ratio of 1.13. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 332.75 and a beta of 1.33.

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.

Further reading

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



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