Yousif Capital Management LLC Purchases 2,686 Shares of Cushman & Wakefield PLC (NYSE:CWK)

Yousif Capital Management LLC grew its stake in shares of Cushman & Wakefield PLC (NYSE:CWK) by 3.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 89,757 shares of the company’s stock after acquiring an additional 2,686 shares during the period. Yousif Capital Management LLC’s holdings in Cushman & Wakefield were worth $917,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC raised its stake in shares of Cushman & Wakefield by 840.1% during the first quarter. GAMMA Investing LLC now owns 55,106 shares of the company’s stock valued at $5,392,000 after acquiring an additional 49,244 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Cushman & Wakefield during the fourth quarter valued at approximately $1,778,000. Jefferies Financial Group Inc. bought a new stake in shares of Cushman & Wakefield during the fourth quarter valued at approximately $2,498,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Cushman & Wakefield by 54.7% during the fourth 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 acquiring an additional 1,084,940 shares in the last quarter. Finally, Teza Capital Management LLC raised its stake in shares of Cushman & Wakefield by 124.4% during the fourth quarter. Teza Capital Management LLC now owns 62,797 shares of the company’s stock valued at $821,000 after acquiring an additional 34,807 shares in the last quarter. Institutional investors own 95.56% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CWK shares. UBS Group decreased their price target on shares of Cushman & Wakefield from $14.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, April 11th. Morgan Stanley set a $14.50 price target on shares of Cushman & Wakefield and gave the company an “overweight” rating in a research note on Thursday, June 12th. The Goldman Sachs Group decreased their price target on shares of Cushman & Wakefield from $13.00 to $11.50 and set a “sell” rating for the company in a research note on Wednesday, March 19th. Citigroup reduced their price objective on shares of Cushman & Wakefield from $16.00 to $12.00 and set a “neutral” rating for the company in a research note on Monday, March 17th. Finally, Wall Street Zen raised shares of Cushman & Wakefield from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Cushman & Wakefield currently has an average rating of “Hold” and an average target price of $13.00.

Cushman & Wakefield Stock Performance

Shares of NYSE:CWK opened at $10.39 on Thursday. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 15.06 and a beta of 1.43. Cushman & Wakefield PLC has a 52 week low of $7.64 and a 52 week high of $16.11. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.64. The firm has a 50 day moving average of $9.70 and a 200 day moving average of $11.45.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.26 billion. Cushman & Wakefield had a net margin of 1.70% and a return on equity of 13.50%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, sell-side analysts predict that Cushman & Wakefield PLC will post 1.2 earnings per share for the current fiscal year.

About Cushman & Wakefield

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.