Yousif Capital Management LLC Sells 782 Shares of Cushman & Wakefield plc (NYSE:CWK)

Yousif Capital Management LLC reduced its stake in Cushman & Wakefield plc (NYSE:CWK) by 0.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 87,071 shares of the company’s stock after selling 782 shares during the quarter. Yousif Capital Management LLC’s holdings in Cushman & Wakefield were worth $1,139,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CWK. Blue Trust Inc. raised its position in Cushman & Wakefield by 137.5% during the 3rd quarter. Blue Trust Inc. now owns 3,501 shares of the company’s stock valued at $48,000 after purchasing an additional 2,027 shares in the last quarter. KBC Group NV increased its stake in shares of Cushman & Wakefield by 31.7% during the third quarter. KBC Group NV now owns 7,961 shares of the company’s stock valued at $109,000 after buying an additional 1,915 shares during the period. CWM LLC raised its holdings in shares of Cushman & Wakefield by 67.6% in the third quarter. CWM LLC now owns 9,167 shares of the company’s stock valued at $125,000 after acquiring an additional 3,699 shares in the last quarter. Walleye Capital LLC purchased a new stake in Cushman & Wakefield in the third quarter worth about $150,000. Finally, Empowered Funds LLC lifted its stake in Cushman & Wakefield by 11.7% in the third quarter. Empowered Funds LLC now owns 11,230 shares of the company’s stock worth $153,000 after acquiring an additional 1,180 shares during the period. Institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Stock Performance

Shares of Cushman & Wakefield stock opened at $12.92 on Friday. The company has a market capitalization of $2.96 billion, a PE ratio of 34.91 and a beta of 1.34. The company has a 50-day simple moving average of $13.45 and a two-hundred day simple moving average of $13.41. Cushman & Wakefield plc has a one year low of $9.24 and a one year high of $16.11. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18.

Analyst Ratings Changes

CWK has been the topic of a number of research reports. JPMorgan Chase & Co. raised their target price on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Jefferies Financial Group lowered shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and cut their price objective for the company from $18.00 to $14.00 in a report on Thursday, January 2nd. Finally, The Goldman Sachs Group started coverage on Cushman & Wakefield in a report on Friday, December 6th. They set a “sell” rating and a $15.00 target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Cushman & Wakefield has a consensus rating of “Hold” and an average price target of $15.50.

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.