XTX Topco Ltd Buys 903 Shares of Cushman & Wakefield plc (NYSE:CWK)

XTX Topco Ltd increased its stake in shares of Cushman & Wakefield plc (NYSE:CWK) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,849 shares of the company’s stock after acquiring an additional 903 shares during the quarter. XTX Topco Ltd’s holdings in Cushman & Wakefield were worth $271,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Cushman & Wakefield by 137.5% during the 3rd quarter. Blue Trust Inc. now owns 3,501 shares of the company’s stock worth $48,000 after purchasing an additional 2,027 shares in the last quarter. CWM LLC boosted its holdings in Cushman & Wakefield by 61.4% in the second quarter. CWM LLC now owns 5,468 shares of the company’s stock worth $57,000 after acquiring an additional 2,080 shares in the last quarter. GAMMA Investing LLC grew its stake in Cushman & Wakefield by 45.8% in the third quarter. GAMMA Investing LLC now owns 5,186 shares of the company’s stock valued at $71,000 after acquiring an additional 1,629 shares during the period. Profund Advisors LLC bought a new stake in shares of Cushman & Wakefield during the second quarter valued at approximately $105,000. Finally, KBC Group NV raised its position in shares of Cushman & Wakefield by 31.7% during the third quarter. KBC Group NV now owns 7,961 shares of the company’s stock worth $109,000 after purchasing an additional 1,915 shares during the period. 95.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CWK shares. The Goldman Sachs Group began coverage on shares of Cushman & Wakefield in a report on Friday, December 6th. They set a “sell” rating and a $15.00 price objective on the stock. JPMorgan Chase & Co. upped their target price on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Cushman & Wakefield presently has an average rating of “Hold” and an average price target of $15.25.

Cushman & Wakefield Price Performance

CWK opened at $13.37 on Thursday. Cushman & Wakefield plc has a 1 year low of $9.24 and a 1 year high of $16.11. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 36.14 and a beta of 1.32. The firm’s fifty day moving average price is $14.16 and its two-hundred day moving average price is $12.86.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the firm posted $0.21 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, analysts anticipate that Cushman & Wakefield plc will post 0.88 earnings per share for the current fiscal year.

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.