Is Cushman and Wakefield (CWK) a Smart Long-Term Buy?

Vulcan Value Partners, an investment management firm, published its “Vulcan Value Partners Small Cap Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. Vulcan’s Small Cap Composite Fund delivered a -0.8% net return for the fourth quarter of 2021, compared to its benchmarks, the Russell 2000 Value Index and Russell 2000 Index which delivered 4.4% and 2.1% returns respectively for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Vulcan Value Partners Small Cap Fund, in its Q4 2021 investor letter, mentioned Cushman & Wakefield plc (NYSE:CWK) and discussed its stance on the firm. Founded in 1917, Cushman & Wakefield plc (NYSE:CWK) is a Chicago, Illinois-based global real estate services firm with a $4.5 billion market capitalization, and is currently spearheaded by its CEO, W. Brett White. Cushman & Wakefield plc (NYSE:CWK) delivered a -10.39% return since the beginning of the year, while its 12-month returns are up by 20.28%. The stock closed at $19.93 per share on March 24, 2022.

Here is what Vulcan Value Partners Small Cap Fund has to say about Cushman & Wakefield plc (NYSE:CWK) in its Q4 2021 investor letter:

“Cushman & Wakefield plc was a material contributor during the quarter. The company is a global commercial real estate services firm that runs a highly diversified, asset-light business. During the quarter, Cushman and Wakefield reported strong earnings, increased fee revenue and margins, and increased its guidance. After being negatively impacted from the global pandemic, Cushman and Wakefield’s business is rebounding strongly. This great business benefits from scale, secular tailwinds, and is run by shareholder-oriented management with strong ownership.

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Our calculations show that Cushman & Wakefield plc (NYSE:CWK) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. Cushman & Wakefield plc (NYSE:CWK) was in 27 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 24 funds in the previous quarter. Cushman & Wakefield plc (NYSE:CWK) delivered a -9.08% return in the past 3 months.

In January 2021, we also shared another hedge fund’s views on Cushman & Wakefield plc (NYSE:CWK) in another article. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.