Cushman & Wakefield (NYSE:CWK) Stock Gets Price Target Trim from Citizens Jmp

Cushman & Wakefield (NYSE:CWK) had its price target trimmed by Citizens Jmp from $19.00 to $16.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a market outperform rating on the stock.

Several other analysts have also recently issued reports on the company. Weiss Ratings raised Cushman & Wakefield from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Zacks Research lowered Cushman & Wakefield from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Citigroup reissued a “market outperform” rating on shares of Cushman & Wakefield in a research report on Thursday. Barclays upped their price objective on Cushman & Wakefield from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Monday, August 17th. Finally, UBS Group dropped their price objective on Cushman & Wakefield from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.57.

Cushman & Wakefield Stock Down 2.4%

Shares of Cushman & Wakefield stock opened at $11.81 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 40.72 and a beta of 1.50. The firm’s 50-day moving average is $12.74 and its two-hundred day moving average is $13.21. Cushman & Wakefield has a 1 year low of $10.88 and a 1 year high of $17.40.

Cushman & Wakefield (NYSE:CWK) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $0.35 EPS for the quarter. The business had revenue of $2.76 billion during the quarter. Cushman & Wakefield had a net margin of 0.64% and a return on equity of 15.90%. As a group, research analysts expect that Cushman & Wakefield will post 1.45 earnings per share for the current fiscal year.

Insider Activity at Cushman & Wakefield

In other Cushman & Wakefield news, insider Laurida Sayed sold 16,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $13.88, for a total value of $222,080.00. Following the completion of the sale, the insider directly owned 5,461 shares in the company, valued at $75,798.68. This trade represents a 74.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nathaniel Robinson sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $13.39, for a total transaction of $167,375.00. Following the completion of the sale, the insider owned 58,376 shares of the company’s stock, valued at approximately $781,654.64. This trade represents a 17.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.74% of the company’s stock.

Institutional Trading of Cushman & Wakefield

Several hedge funds and other institutional investors have recently made changes to their positions in CWK. Versant Capital Management Inc grew its stake in Cushman & Wakefield by 21.7% during the 2nd quarter. Versant Capital Management Inc now owns 4,464 shares of the company’s stock worth $60,000 after buying an additional 795 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Cushman & Wakefield by 18.4% in the third quarter. Farther Finance Advisors LLC now owns 7,629 shares of the company’s stock valued at $90,000 after buying an additional 1,188 shares during the last quarter. GAMMA Investing LLC raised its stake in Cushman & Wakefield by 33.9% in the third quarter. GAMMA Investing LLC now owns 8,606 shares of the company’s stock valued at $102,000 after buying an additional 2,177 shares during the last quarter. Impact Investors Inc purchased a new stake in Cushman & Wakefield in the first quarter valued at about $161,000. Finally, Seven Mile Advisory acquired a new stake in Cushman & Wakefield in the third quarter worth about $156,000. Hedge funds and other institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield News Summary

Here are the key news stories impacting Cushman & Wakefield this week:

• Positive Sentiment: Cushman & Wakefield redeemed the remaining $150 million of its 6.75% senior secured notes due 2028. The repayment brings total debt reduction since 2024 above $800 million and leaves no debt maturities until 2030, improving financial flexibility and reducing refinancing risk. Cushman & Wakefield Completes Redemption of 2028 Notes
• Positive Sentiment: Commercial real estate transactions reportedly increased 156% in the third quarter despite high interest rates, a potentially favorable sign for CWK’s investment-sales and advisory businesses. Commercial real estate deals jump 156% in Q3
• Positive Sentiment: Office leasing activity in São Paulo rose fourfold over three months, driven by Itaú and Amazon. Stronger leasing activity could support brokerage and advisory demand in the Brazilian market. São Paulo office leasing activity
• Positive Sentiment: The firm added Peter Adamo, Adam Lawler and Madeline Leland to strengthen its Chicago office-leasing and capital-markets teams, supporting longer-term growth prospects. Cushman & Wakefield strengthens Chicago teams
• Neutral Sentiment: Cushman & Wakefield announced management changes, but the available report does not provide enough detail to assess their impact on strategy or earnings. Management changes
• Negative Sentiment: Morgan Stanley lowered its price target from $19 to $15, while retaining an overweight rating. Citizens JMP also cut its target from $19 to $16, maintaining market outperform. The continued bullish ratings are supportive, but the target reductions signal more cautious near-term expectations. Morgan Stanley rating information
• Negative Sentiment: Cologne’s office-leasing market remains below expectations despite occupier demand, highlighting continued weakness in parts of the European office sector. Cologne office-leasing market

About Cushman & Wakefield

Cushman & Wakefield plc (NYSE: CWK) is a global commercial real estate services company that provides advisory, transaction, and property-related solutions to property owners, occupiers, investors, and developers. The company serves clients across office, industrial, retail, multifamily, hospitality, and other real estate sectors.

Its services include leasing and tenant representation, capital markets and investment sales, valuation and advisory, property and facilities management, project and development services, and workplace and portfolio consulting.