Cushman & Wakefield (CWK)

• Market cap: $3B
• 1 day: 1.08%
• 5 days: -12.56%
• 1 month: -5.28%
• 3 months: -2.53%
• 6 months: 22.45%
• Year to date: 22.45%
• 1 year: 25.62%
• 5 years: -36.52%
• 10 years: -26.50%
• Sector: Real Estate
• Industry: Real Estate

About: Cushman & Wakefield is one of the largest commercial real estate services firms in the world, with global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers, and investors. These include brokerage services for leasing and capital markets sales as well as advisory services such valuation, project management, and facilities management.

Employees: 52,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 64

30% more capital invested

Capital invested by funds: $2.27B [Q2] → $2.95B (+$676M) [Q3]

13% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 39

2% more funds holding

Funds holding: 242 [Q2] → 247 (+5) [Q3]

5% more call options, than puts

Call options by funds: $22.2M | Put options by funds: $21.1M

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.97% less ownership

Funds ownership: 95.38% [Q2] → 94.41% (-0.97%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 15% upside
• Avg. target: $16 22% upside
• High target: $17 30% upside

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

JP Morgan Anthony Paolone 39% 1-year accuracy 7 / 18 met price target	30% upside $17	Neutral Maintained	16 Dec 2024
Goldman Sachs Julien Blouin 25% 1-year accuracy 2 / 8 met price target	15% upside $15	Sell Initiated	6 Dec 2024