Compass Point started coverage on shares of Cushman & Wakefield (NYSE:CWK) in a research report sent to investors on Wednesday morning, BenzingaRatingsTable reports. The brokerage issued a neutral rating on the stock.
Separately, Zacks Investment Research raised shares of DLH from a sell rating to a hold rating in a report on Tuesday, July 9th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Cushman & Wakefield presently has a consensus rating of Buy and an average price target of $20.11.
CWK stock opened at $18.36 on Wednesday. Cushman & Wakefield has a one year low of $13.25 and a one year high of $19.79. The stock has a fifty day moving average of $17.79. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $3.98 billion and a P/E ratio of 27.40.
In other news, insider W Brett White sold 44,675 shares of the business’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $18.00, for a total value of $804,150.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by insiders.
Several hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in Cushman & Wakefield in the first quarter worth $132,000. BNP Paribas Arbitrage SA increased its position in Cushman & Wakefield by 1,139.4% in the first quarter. BNP Paribas Arbitrage SA now owns 15,629 shares of the company’s stock worth $278,000 after purchasing an additional 14,368 shares during the last quarter. WINTON GROUP Ltd increased its position in Cushman & Wakefield by 22.0% in the second quarter. WINTON GROUP Ltd now owns 16,117 shares of the company’s stock worth $288,000 after purchasing an additional 2,906 shares during the last quarter. Jane Street Group LLC bought a new stake in Cushman & Wakefield in the fourth quarter worth $372,000. Finally, American International Group Inc. increased its position in Cushman & Wakefield by 2.7% in the fourth quarter. American International Group Inc. now owns 30,955 shares of the company’s stock worth $448,000 after purchasing an additional 821 shares during the last quarter. 41.50% of the stock is currently owned by hedge funds and other institutional investors.
About Cushman & Wakefield
Cushman & Wakefield plc provides commercial real estate services under the Cushman & Wakefield brand in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, and sustainability services; and janitorial, maintenance, critical environment management, landscaping, and office services.
Recommended Story: Strangles
Receive News & Ratings for Cushman & Wakefield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushman & Wakefield and related companies with MarketBeat.com's FREE daily email newsletter.