Versor Investments LP Increases Holdings in Cushman & Wakefield PLC $CWK

Versor Investments LP increased its position in shares of Cushman & Wakefield PLC (NYSE:CWK) by 49.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,447 shares of the company’s stock after purchasing an additional 5,447 shares during the quarter. Versor Investments LP’s holdings in Cushman & Wakefield were worth $182,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CWK. Vaughan Nelson Investment Management L.P. raised its position in Cushman & Wakefield by 46.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 12,156,514 shares of the company’s stock worth $134,573,000 after buying an additional 3,842,859 shares during the last quarter. Deutsche Bank AG increased its stake in shares of Cushman & Wakefield by 807.1% in the first quarter. Deutsche Bank AG now owns 1,870,044 shares of the company’s stock worth $19,112,000 after acquiring an additional 1,663,880 shares during the period. Nuveen LLC acquired a new stake in shares of Cushman & Wakefield in the first quarter worth $11,086,000. Channing Capital Management LLC raised its holdings in shares of Cushman & Wakefield by 13.8% during the first quarter. Channing Capital Management LLC now owns 5,369,263 shares of the company’s stock worth $54,874,000 after purchasing an additional 649,705 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Cushman & Wakefield by 4.1% during the first quarter. Dimensional Fund Advisors LP now owns 12,064,891 shares of the company’s stock valued at $123,300,000 after purchasing an additional 478,484 shares during the period. Institutional investors and hedge funds own 95.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CWK. Wall Street Zen downgraded Cushman & Wakefield from a “strong-buy” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their price target on Cushman & Wakefield from $13.00 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. UBS Group raised their price objective on shares of Cushman & Wakefield from $12.00 to $17.00 and gave the stock a “neutral” rating in a research note on Friday, October 10th. JMP Securities set a $19.00 target price on shares of Cushman & Wakefield in a report on Monday. Finally, Citizens Jmp boosted their target price on shares of Cushman & Wakefield from $16.00 to $19.00 and gave the company a “market outperform” rating in a research note on Monday, November 3rd. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.63.

Cushman & Wakefield Trading Up 1.8%

Shares of CWK opened at $15.70 on Friday. Cushman & Wakefield PLC has a 52-week low of $7.64 and a 52-week high of $17.33. The stock has a market cap of $3.64 billion, a PE ratio of 16.36 and a beta of 1.56. The firm’s fifty day moving average is $15.99 and its two-hundred day moving average is $13.05. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.39.

Cushman & Wakefield (NYSE:CWK) last issued its earnings results on Thursday, October 30th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. Cushman & Wakefield had a return on equity of 14.69% and a net margin of 2.23%.The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 EPS. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. Research analysts forecast that Cushman & Wakefield PLC will post 1.2 earnings per share for the current fiscal year.

Insider Transactions at Cushman & Wakefield

In other news, Director Angela Sun sold 6,800 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $16.02, for a total transaction of $108,936.00. Following the completion of the transaction, the director directly owned 46,498 shares in the company, valued at approximately $744,897.96. This represents a 12.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by company insiders.

Cushman & Wakefield Company Profile

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.