XTX Topco Ltd Purchases 6,531 Shares of Cushman & Wakefield plc (NYSE:CWK)

XTX Topco Ltd boosted its position in shares of Cushman & Wakefield plc (NYSE:CWK) by 52.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,946 shares of the company’s stock after purchasing an additional 6,531 shares during the quarter. XTX Topco Ltd’s holdings in Cushman & Wakefield were worth $197,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Swiss National Bank increased its position in shares of Cushman & Wakefield by 14.6% in the 1st quarter. Swiss National Bank now owns 359,000 shares of the company’s stock valued at $3,755,000 after buying an additional 45,700 shares in the last quarter. Vanguard Group Inc. grew its stake in Cushman & Wakefield by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 27,678,233 shares of the company’s stock valued at $298,925,000 after acquiring an additional 1,098,245 shares during the period. Sei Investments Co. increased its holdings in shares of Cushman & Wakefield by 52.8% in the first quarter. Sei Investments Co. now owns 658,629 shares of the company’s stock worth $6,889,000 after acquiring an additional 227,519 shares in the last quarter. Norges Bank acquired a new stake in shares of Cushman & Wakefield during the fourth quarter worth about $18,742,000. Finally, American Century Companies Inc. lifted its holdings in shares of Cushman & Wakefield by 15.5% during the 2nd quarter. American Century Companies Inc. now owns 327,018 shares of the company’s stock valued at $3,401,000 after purchasing an additional 43,941 shares in the last quarter. Institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Trading Down 1.1 %

NYSE CWK opened at $13.65 on Monday. Cushman & Wakefield plc has a 52 week low of $6.24 and a 52 week high of $13.99. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.21 and a current ratio of 1.21. The stock’s 50 day moving average price is $12.93 and its two-hundred day moving average price is $11.32. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 341.25 and a beta of 1.31.

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

Analyst Ratings Changes

CWK has been the topic of several research 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 report on Thursday, July 25th. JPMorgan Chase & Co. raised their price objective on shares of Cushman & Wakefield from $12.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $12.80.

Cushman & Wakefield 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.