Cushman & Wakefield PLC $CWK Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Cushman & Wakefield PLC (NYSE:CWK) by 5.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 156,278 shares of the company’s stock after buying an additional 8,247 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cushman & Wakefield were worth $1,730,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CENTRAL TRUST Co acquired a new stake in Cushman & Wakefield during the second quarter worth approximately $50,000. EP Wealth Advisors LLC acquired a new position in Cushman & Wakefield in the 1st quarter valued at $102,000. DRW Securities LLC purchased a new position in shares of Cushman & Wakefield during the 1st quarter worth $109,000. Sage Rhino Capital LLC acquired a new stake in shares of Cushman & Wakefield during the second quarter worth $115,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Cushman & Wakefield in the second quarter valued at $129,000. Institutional investors and hedge funds own 95.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CWK. JPMorgan Chase & Co. increased their target price on Cushman & Wakefield from $13.00 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 26th. JMP Securities set a $19.00 price objective on shares of Cushman & Wakefield in a research note on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Cushman & Wakefield in a report on Wednesday, October 8th. UBS Group raised their target price on shares of Cushman & Wakefield from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Friday, October 10th. Finally, Citizens Jmp upped their price target on shares of Cushman & Wakefield from $16.00 to $19.00 and gave the stock a “market outperform” rating in a research report on Monday, November 3rd. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.38.

Insider Buying and Selling at Cushman & Wakefield

In other news, Director Angela Sun sold 6,800 shares of the company’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $16.02, for a total value of $108,936.00. Following the completion of the sale, the director owned 46,498 shares of the company’s stock, valued at $744,897.96. This represents a 12.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by insiders.

Cushman & Wakefield Stock Up 4.3%

CWK opened at $16.79 on Wednesday. Cushman & Wakefield PLC has a 1 year low of $7.64 and a 1 year high of $17.33. The firm has a 50 day moving average price of $15.85 and a 200 day moving average price of $13.62. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $3.89 billion, a PE ratio of 17.48 and a beta of 1.56.

Cushman & Wakefield (NYSE:CWK) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Cushman & Wakefield had a net margin of 2.23% and a return on equity of 14.69%. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same period in the previous year, the firm earned $0.23 earnings per share. Cushman & Wakefield’s revenue for the quarter was up 11.2% on a year-over-year basis. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. Sell-side analysts expect that Cushman & Wakefield PLC will post 1.2 earnings per share for the current year.

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.