Cushman & Wakefield plc (NYSE:CWK) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its position in shares of Cushman & Wakefield plc (NYSE:CWK) by 45.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,186 shares of the company’s stock after purchasing an additional 1,629 shares during the quarter. GAMMA Investing LLC’s holdings in Cushman & Wakefield were worth $71,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CWK. Vanguard Group Inc. raised its stake in shares of Cushman & Wakefield by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 28,788,309 shares of the company’s stock worth $301,126,000 after buying an additional 1,110,076 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Cushman & Wakefield by 31.2% in the second quarter. Victory Capital Management Inc. now owns 10,395,027 shares of the company’s stock valued at $108,108,000 after acquiring an additional 2,469,831 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Cushman & Wakefield by 23.1% during the second quarter. Dimensional Fund Advisors LP now owns 10,173,171 shares of the company’s stock valued at $105,802,000 after acquiring an additional 1,910,212 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its position in Cushman & Wakefield by 12.7% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 6,208,780 shares of the company’s stock worth $64,571,000 after purchasing an additional 697,890 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in Cushman & Wakefield by 18.8% in the 1st quarter. Janus Henderson Group PLC now owns 4,400,751 shares of the company’s stock valued at $46,032,000 after purchasing an additional 695,005 shares during the last quarter. 95.56% of the stock is currently owned by hedge funds and other institutional investors.

Cushman & Wakefield Trading Up 2.5 %

NYSE CWK opened at $12.81 on Wednesday. The stock has a market cap of $2.93 billion, a P/E ratio of 320.13 and a beta of 1.30. The company’s fifty day simple moving average is $12.92 and its 200-day simple moving average is $11.56. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.83. Cushman & Wakefield plc has a 52 week low of $6.24 and a 52 week high of $13.99.

Cushman & Wakefield (NYSE:CWK) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. Cushman & Wakefield had a net margin of 0.22% and a return on equity of 12.08%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company posted $0.22 EPS. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. Equities research analysts predict that Cushman & Wakefield plc will post 0.87 EPS for the current fiscal year.

Analyst Ratings Changes

CWK has been the topic of a number of analyst reports. Raymond James raised their target price on shares of Cushman & Wakefield from $14.00 to $16.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. increased their price target on shares of Cushman & Wakefield from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Cushman & Wakefield currently has an average rating of “Hold” and a consensus price target of $12.80.

Cushman & Wakefield Company Profile

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East and Africa; and Asia Pacific segments.