Susquehanna Fundamental Investments LLC Raises Stake in Cushman & Wakefield plc (NYSE:CWK)

Susquehanna Fundamental Investments LLC grew its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 381.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,068 shares of the company's stock after buying an additional 99,077 shares during the period. Susquehanna Fundamental Investments LLC owned 0.05% of Cushman & Wakefield worth $1,301,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC boosted its position in 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 purchasing an additional 2,080 shares during the period. Pale Fire Capital SE bought a new position in Cushman & Wakefield in the 4th quarter worth approximately $108,000. Profund Advisors LLC purchased a new position in Cushman & Wakefield in the 2nd quarter valued at approximately $105,000. nVerses Capital LLC purchased a new position in Cushman & Wakefield in the 2nd quarter valued at approximately $116,000. Finally, Mackenzie Financial Corp raised its holdings in Cushman & Wakefield by 38.4% during the 2nd quarter. Mackenzie Financial Corp now owns 14,550 shares of the company's stock valued at $151,000 after acquiring an additional 4,036 shares during the period. Institutional investors own 95.56% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Raymond James lifted their price target on Cushman & Wakefield from $14.00 to $16.00 and gave the company 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 report on Tuesday, July 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $12.80.

Cushman & Wakefield Price Performance

Shares of NYSE CWK opened at $13.42 on Wednesday. The firm has a market capitalization of $3.07 billion, a P/E ratio of 335.38 and a beta of 1.31. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.83. The stock's 50-day simple moving average is $12.95 and its two-hundred day simple moving average is $11.36. Cushman & Wakefield plc has a twelve month low of $6.24 and a twelve month high of $13.99.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its earnings results on Monday, July 29th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $2.29 billion during 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%. Cushman & Wakefield's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 earnings per share. As a group, equities analysts anticipate that Cushman & Wakefield plc will post 0.87 EPS for the current fiscal year.

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.