Charles Schwab Investment Management Inc. Purchases 301,186 Shares of Cushman & Wakefield plc (NYSE:CWK)

Charles Schwab Investment Management Inc. boosted its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 8.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,975,566 shares of the company's stock after purchasing an additional 301,186 shares during the period. Charles Schwab Investment Management Inc. owned 1.73% of Cushman & Wakefield worth $54,187,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Blue Trust Inc. grew its position in Cushman & Wakefield by 137.5% during the third quarter. Blue Trust Inc. now owns 3,501 shares of the company's stock valued at $48,000 after purchasing an additional 2,027 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Cushman & Wakefield by 45.8% in the third quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after acquiring an additional 1,629 shares during the last quarter. CWM LLC raised its holdings in shares of Cushman & Wakefield by 61.4% during 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. KBC Group NV boosted its position in Cushman & Wakefield by 31.7% during the third quarter. KBC Group NV now owns 7,961 shares of the company's stock valued at $109,000 after purchasing an additional 1,915 shares during the last quarter. Finally, Profund Advisors LLC purchased a new position in Cushman & Wakefield in the second quarter valued at about $105,000. Institutional investors and hedge funds own 95.56% of the company's stock.

Cushman & Wakefield Stock Down 1.2 %

Shares of CWK traded down $0.18 during midday trading on Friday, reaching $15.30. 596,405 shares of the stock were exchanged, compared to its average volume of 1,804,106. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 41.35 and a beta of 1.30. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.76. Cushman & Wakefield plc has a 12-month low of $8.09 and a 12-month high of $16.11. The firm has a 50 day simple moving average of $13.73 and a 200-day simple moving average of $12.50.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last posted its 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. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The firm had revenue of $2.34 billion during the quarter, compared to analysts' expectations of $1.61 billion. During the same period in the previous year, the company earned $0.21 earnings per share. The company's revenue was up 2.5% compared to the same quarter last year. Research analysts forecast that Cushman & Wakefield plc will post 0.91 EPS for the current 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.