Jump Financial LLC decreases position in Cushman & Wakefield plc (NYSE:CWK)

Jump Financial LLC lessened its holdings in Cushman & Wakefield plc (NYSE:CWK – Free Report) by 56.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,040 shares of the company’s stock after selling 18,204 shares during the quarter. Jump Financial LLC’s holdings in Cushman & Wakefield were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in CWK. Vanguard Group Inc. grew its position 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 acquiring an additional 665,070 shares during the period. Louisiana State Employees Retirement System purchased a new position in shares of Cushman & Wakefield in the fourth quarter valued at about $908,000. Vaughan Nelson Investment Management LP purchased a new position in shares of Cushman & Wakefield in the fourth quarter valued at approximately $8,742,000. Vestor Capital LLC purchased a new position in shares of Cushman & Wakefield in the fourth quarter valued at about $3,097,000. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Cushman & Wakefield by 42.6% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 209,492 shares of the company’s stock valued at $1,596,000 after acquiring an additional 62,624 shares during the period. Hedge funds and other institutional investors own 95.56% of the company’s shares.

Insider buying and selling

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

Cushman & Wakefield trading up 1.5%

NYSE:CWK opened at $10.77 on Thursday. Cushman & Wakefield plc has a one year low of $6.24 and a one year high of $11.83. 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’s 50-day simple moving average is $10.23, and its 200-day simple moving average is $9.97. The firm has a market cap of $2.47 billion, a P/E ratio of 269.25 and a beta of 1.33.

The Wall Street analyst weighs in

A number of research firms have issued reports on CWK. Jefferies Financial Group began coverage on shares of Cushman & Wakefield in a research report on Wednesday, April 10th. They issued a “buy” rating and a $13.00 price objective on the stock. Wolfe Research reaffirmed 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 on the stock. in a research note on Wednesday, April 3rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Cushman & Wakefield presently has a consensus rating of “Hold” and a consensus price target of $11.50, based on data from MarketBeat.com.

View the latest stock analysis on Cushman & Wakefield

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.

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