Cushman & Wakefield (NYSE:CWK) Stock Gets Price Target Trim from Morgan Stanley

Cushman & Wakefield (NYSE:CWK) had its target price decreased by Morgan Stanley from $19.00 to $15.00 in a research report released on Thursday,Benzinga reports. Morgan Stanley currently has an overweight rating on the stock.

CWK has been the subject of several other research reports. Citigroup reissued a “market outperform” rating on shares of Cushman & Wakefield in a research report on Thursday. Weiss Ratings upgraded Cushman & Wakefield from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. UBS Group dropped their price objective on Cushman & Wakefield from $17.00 to $15.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Zacks Research downgraded shares of Cushman & Wakefield from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th. Finally, Citizens Jmp cut their target price on shares of Cushman & Wakefield from $19.00 to $16.00 and set a “market outperform” rating for the company in a research note on Thursday. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $16.57.

Cushman & Wakefield Stock Performance

Shares of CWK stock opened at $11.81 on Thursday. The stock has a fifty day moving average price of $12.74 and a 200 day moving average price of $13.21. The stock has a market cap of $2.77 billion, a PE ratio of 40.72 and a beta of 1.50. Cushman & Wakefield has a 1 year low of $10.88 and a 1 year high of $17.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.08 and a current ratio of 1.08.

Cushman & Wakefield (NYSE:CWK) last posted its earnings results on Tuesday, June 30th. The company reported $0.35 EPS for the quarter. Cushman & Wakefield had a return on equity of 15.90% and a net margin of 0.64%. The company had revenue of $2.76 billion for the quarter. Sell-side analysts forecast that Cushman & Wakefield will post 1.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Cushman & Wakefield

In related news, insider Laurida Sayed sold 16,000 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $13.88, for a total value of $222,080.00. Following the completion of the transaction, the insider directly owned 5,461 shares in the company, valued at approximately $75,798.68. This represents a 74.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Nathaniel Robinson sold 12,500 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $13.39, for a total value of $167,375.00. Following the transaction, the insider owned 58,376 shares in the company, valued at $781,654.64. This trade represents a 17.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is owned by company insiders.

Institutional Trading of Cushman & Wakefield

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc increased its stake in shares of Cushman & Wakefield by 21.7% during the 2nd quarter. Versant Capital Management Inc now owns 4,464 shares of the company’s stock valued at $60,000 after acquiring an additional 795 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Cushman & Wakefield by 18.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,629 shares of the company’s stock worth $90,000 after acquiring an additional 1,188 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Cushman & Wakefield by 33.9% during the 3rd quarter. GAMMA Investing LLC now owns 8,606 shares of the company’s stock worth $102,000 after acquiring an additional 2,177 shares during the period. Impact Investors Inc acquired a new stake in shares of Cushman & Wakefield in the first quarter worth approximately $161,000. Finally, Seven Mile Advisory acquired a new stake in shares of Cushman & Wakefield in the third quarter worth approximately $156,000. Hedge funds and other institutional investors own 95.56% of the company’s stock.

More Cushman & Wakefield News

Here are the key news stories impacting Cushman & Wakefield this week:

• Positive Sentiment: Cushman & Wakefield redeemed the remaining $150 million of its 6.75% senior secured notes due 2028. The repayment brings total debt reduction since 2024 above $800 million and leaves no debt maturities until 2030, improving financial flexibility and reducing refinancing risk. Cushman & Wakefield Completes Redemption of 2028 Notes
• Positive Sentiment: Commercial real estate transactions reportedly increased 156% in the third quarter despite high interest rates, a potentially favorable sign for CWK’s investment-sales and advisory businesses. Commercial real estate deals jump 156% in Q3
• Positive Sentiment: Office leasing activity in São Paulo rose fourfold over three months, driven by Itaú and Amazon. Stronger leasing activity could support brokerage and advisory demand in the Brazilian market. São Paulo office leasing activity
• Positive Sentiment: The firm added Peter Adamo, Adam Lawler and Madeline Leland to strengthen its Chicago office-leasing and capital-markets teams, supporting longer-term growth prospects. Cushman & Wakefield strengthens Chicago teams
• Neutral Sentiment: Cushman & Wakefield announced management changes, but the available report does not provide enough detail to assess their impact on strategy or earnings. Management changes
• Negative Sentiment: Morgan Stanley lowered its price target from $19 to $15, while retaining an overweight rating. Citizens JMP also cut its target from $19 to $16, maintaining market outperform. The continued bullish ratings are supportive, but the target reductions signal more cautious near-term expectations. Morgan Stanley rating information
• Negative Sentiment: Cologne’s office-leasing market remains below expectations despite occupier demand, highlighting continued weakness in parts of the European office sector. Cologne office-leasing market

Cushman & Wakefield Company Profile

Cushman & Wakefield plc (NYSE: CWK) is a global commercial real estate services company that provides advisory, transaction, and property-related solutions to property owners, occupiers, investors, and developers. The company serves clients across office, industrial, retail, multifamily, hospitality, and other real estate sectors.

Its services include leasing and tenant representation, capital markets and investment sales, valuation and advisory, property and facilities management, project and development services, and workplace and portfolio consulting.