Mutual of America Capital Management LLC Raises Stock Position in Cushman & Wakefield plc (NYSE:CWK)

Mutual of America Capital Management LLC grew its holdings in Cushman & Wakefield plc (NYSE:CWK) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,479 shares of the company’s stock after purchasing an additional 2,102 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Cushman & Wakefield were worth $470,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD grew its stake in Cushman & Wakefield by 7.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 89,904 shares of the company’s stock worth $941,000 after purchasing an additional 5,982 shares in the last quarter. California State Teachers Retirement System grew its holdings in Cushman & Wakefield by 6.6% during the 1st quarter. California State Teachers Retirement System now owns 180,213 shares of the company’s stock worth $1,885,000 after acquiring an additional 11,154 shares in the last quarter. CWM LLC increased its position in shares of Cushman & Wakefield by 61.4% in the 2nd quarter. CWM LLC now owns 5,468 shares of the company’s stock valued at $57,000 after purchasing an additional 2,080 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in shares of Cushman & Wakefield by 12.7% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 6,208,780 shares of the company’s stock valued at $64,571,000 after purchasing an additional 697,890 shares in the last quarter. Finally, SummerHaven Investment Management LLC lifted its position in shares of Cushman & Wakefield by 1.8% during the 2nd quarter. SummerHaven Investment Management LLC now owns 79,929 shares of the company’s stock worth $831,000 after purchasing an additional 1,395 shares during the last quarter. Institutional investors and hedge funds own 95.56% of the company’s stock.

Cushman & Wakefield Trading Up 1.6 %

NYSE:CWK opened at $15.48 on Thursday. Cushman & Wakefield plc has a 1 year low of $8.09 and a 1 year high of $16.11. The stock has a market cap of $3.55 billion, a P/E ratio of 41.84 and a beta of 1.30. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a 50-day simple moving average of $13.62 and a 200-day simple moving average of $12.42.

Cushman & Wakefield (NYSE:CWK) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $1.61 billion. Cushman & Wakefield had a return on equity of 12.10% and a net margin of 0.94%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.21 earnings per share. As a group, analysts anticipate that Cushman & Wakefield plc will post 0.86 earnings per share for the current fiscal year.

About Cushman & Wakefield

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.