Laurion Capital Management LP purchased a new stake in Cushman & Wakefield PLC (NYSE:CWK) during the third quarter, according to its most recent filing with the SEC. The fund purchased 253,200 shares of the company’s stock, valued at approximately $4,302,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in shares of Cushman & Wakefield in the 3rd quarter worth about $170,000. Strs Ohio bought a new stake in shares of Cushman & Wakefield in the 3rd quarter worth about $220,000. Hsbc Holdings PLC bought a new stake in shares of Cushman & Wakefield in the 3rd quarter worth about $436,000. American International Group Inc. bought a new stake in shares of Cushman & Wakefield in the 3rd quarter worth about $512,000. Finally, Dean Capital Investments Management LLC bought a new stake in shares of Cushman & Wakefield in the 3rd quarter worth about $572,000. Institutional investors own 26.19% of the company’s stock.

CWK has been the topic of a number of research reports. Bank of America initiated coverage on shares of Cushman & Wakefield in a report on Monday, August 27th. They issued a “buy” rating and a $20.00 target price on the stock. Barclays started coverage on shares of Cushman & Wakefield in a report on Monday, August 27th. They issued an “overweight” rating and a $21.00 target price on the stock. Zacks Investment Research upgraded shares of Cushman & Wakefield from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Monday, October 29th. UBS Group started coverage on shares of Cushman & Wakefield in a report on Friday, August 31st. They set a “buy” rating on the stock. Finally, Morgan Stanley started coverage on shares of Cushman & Wakefield in a report on Monday, August 27th. They set an “overweight” rating and a $21.00 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $20.00.

Shares of NYSE:CWK opened at $18.15 on Friday. Cushman & Wakefield PLC has a 12 month low of $15.14 and a 12 month high of $19.45. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.38 and a current ratio of 1.38.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Tuesday, November 13th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.18 by $0.27. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.91 billion. On average, analysts expect that Cushman & Wakefield PLC will post -1.01 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “Laurion Capital Management LP Purchases New Holdings in Cushman & Wakefield PLC (CWK)” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.watchlistnews.com/laurion-capital-management-lp-purchases-new-holdings-in-cushman-wakefield-plc-cwk/2670676.html.

Cushman & Wakefield Profile

Cushman & Wakefield plc provides commercial real estate services 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.

See Also: Google Finance Portfolio Workaround

Want to see what other hedge funds are holding CWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cushman & Wakefield PLC (NYSE:CWK).

Institutional Ownership by Quarter for Cushman & Wakefield (NYSE:CWK)

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.