2 weeks Ago By ABMN Staff
Cushman & Wakefield plc ( NYSE:CWK – Get Free Report )’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $8.50 and last traded at $9.
03, with a volume of 1641 shares changing hands. The stock had previously closed at $9.44.
Wall Street Analyst Weigh In Several equities research analysts recently commented on the stock. Jefferies Financial Group lowered shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and cut their price target for the stock from $18.00 to $14.
00 in a research note on Thursday, January 2nd. Citigroup reduced their target price on Cushman & Wakefield from $16.00 to $12.
00 and set a “neutral” rating for the company in a report on Monday, March 17th. The Goldman Sachs Group dropped their price target on Cushman & Wakefield from $13.00 to $11.
50 and set a “sell” rating on the stock in a research note on Wednesday, March 19th. Finally, JPMorgan Chase & Co. boosted their price objective on Cushman & Wakefield from $14.
00 to $17.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock.
Based on data from MarketBeat.com, Cushman & Wakefield currently has an average rating of “Hold” and an average target price of $14.10.
Read Our Latest Stock Analysis on CWK Cushman & Wakefield Price Performance Cushman & Wakefield ( NYSE:CWK – Get Free Report ) last issued its earnings results on Thursday, February 20th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.
45 by $0.03. Cushman & Wakefield had a return on equity of 12.
62% and a net margin of 1.39%. The business had revenue of $2.
63 billion during the quarter, compared to the consensus estimate of $2.67 billion. Equities research analysts forecast that Cushman & Wakefield plc will post 1.
2 earnings per share for the current year. Hedge Funds Weigh In On Cushman & Wakefield A number of large investors have recently made changes to their positions in CWK. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Cushman & Wakefield in the fourth quarter valued at about $1,778,000.
Jefferies Financial Group Inc. acquired a new stake in shares of Cushman & Wakefield in the 4th quarter worth approximately $2,498,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Cushman & Wakefield by 54.
7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,067,526 shares of the company’s stock valued at $40,123,000 after purchasing an additional 1,084,940 shares in the last quarter. Teza Capital Management LLC boosted its position in Cushman & Wakefield by 124.
4% during the fourth quarter. Teza Capital Management LLC now owns 62,797 shares of the company’s stock worth $821,000 after purchasing an additional 34,807 shares in the last quarter. Finally, ProShare Advisors LLC grew its holdings in Cushman & Wakefield by 44.
5% in the fourth quarter. ProShare Advisors LLC now owns 69,020 shares of the company’s stock valued at $903,000 after purchasing an additional 21,242 shares during the last quarter. Hedge funds and other institutional investors own 95.
56% of the company’s stock. Cushman & Wakefield Company Profile ( Get Free Report ) Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC).
The Americas segment consists of operations located in the United States, Canada and key markets in Latin America. Read More Receive News & Ratings for Cushman & Wakefield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushman & Wakefield and related companies with MarketBeat.com's FREE daily email newsletter .
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