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

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Compass Point initiated coverage on shares of Cushman & Wakefield (NYSE:CWK) in a research note released on Wednesday, 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 research report on Tuesday, July 9th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $20.11.

Shares of NYSE CWK opened at $18.36 on Wednesday. Cushman & Wakefield has a 1 year low of $13.25 and a 1 year high of $19.79. The stock has a market cap of $3.98 billion and a PE ratio of 27.40. The company’s 50-day simple moving average is $17.79. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.15 and a current ratio of 1.15.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10. Cushman & Wakefield had a negative net margin of 1.43% and a positive return on equity of 10.36%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Cushman & Wakefield’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, research analysts anticipate that Cushman & Wakefield will post 0.71 earnings per share for the current year.

In other Cushman & Wakefield news, insider W Brett White sold 44,675 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $18.00, for a total transaction of $804,150.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.85% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new stake in shares of Cushman & Wakefield in the first quarter worth approximately $132,000. BNP Paribas Arbitrage SA grew its stake in shares of 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 acquiring an additional 14,368 shares during the period. WINTON GROUP Ltd grew its stake in shares of 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 acquiring an additional 2,906 shares during the period. Jane Street Group LLC bought a new stake in shares of Cushman & Wakefield in the fourth quarter worth approximately $372,000. Finally, American International Group Inc. grew its stake in shares of 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 acquiring an additional 821 shares during the period. Institutional investors and hedge funds own 41.50% of the company’s stock.

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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