PEAK6 Investments LLC Boosts Stake in Cushman & Wakefield plc (NYSE:CWK)

PEAK6 Investments LLC lifted its position in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 78.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 105,890 shares of the company's stock after buying an additional 46,632 shares during the quarter. PEAK6 Investments LLC's holdings in Cushman & Wakefield were worth $1,443,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Blue Trust Inc. grew its position in shares of 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. CWM LLC increased its stake in Cushman & Wakefield by 61.4% in the 2nd quarter. CWM LLC now owns 5,468 shares of the company's stock worth $57,000 after acquiring an additional 2,080 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Cushman & Wakefield by 45.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after acquiring an additional 1,629 shares in the last quarter. Profund Advisors LLC bought a new position in shares of Cushman & Wakefield during the 2nd quarter valued at approximately $105,000. Finally, KBC Group NV grew its holdings in shares of Cushman & Wakefield by 31.7% in 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 in the last quarter. Hedge funds and other institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Price Performance

CWK traded up $0.01 during trading hours on Tuesday, hitting $15.19. The company's stock had a trading volume of 1,184,460 shares, compared to its average volume of 1,698,092. Cushman & Wakefield plc has a 12 month low of $8.42 and a 12 month high of $16.11. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.76. The business's 50-day moving average price is $13.76 and its 200-day moving average price is $12.54. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 41.08 and a beta of 1.32.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.23 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 net margin of 0.94% and a return on equity of 12.10%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.21 EPS. Sell-side analysts expect 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.