Cushman & Wakefield (NYSE:CWK) Receives New Coverage from Analysts at Compass Point

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.



Cushman & Wakefield (NYSE:CWK) last released its earnings results on Tuesday, May 7th. The company reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10. Cushman & Wakefield had a negative net margin of 1.43% and a positive return on equity of 10.36%. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.93 billion. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. As a group, equities analysts expect that Cushman & Wakefield will post 0.71 EPS for the current fiscal year.

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.

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Analyst Recommendations for Cushman & Wakefield (NYSE:CWK)

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