Public Sector Pension Investment Board Grows Stock Holdings in Cushman & Wakefield plc (NYSE:CWK)

Public Sector Pension Investment Board raised its stake in shares of Cushman & Wakefield plc (NYSE:CWK - Free Report) by 12.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 486,374 shares of the company's stock after acquiring an additional 53,000 shares during the period. Public Sector Pension Investment Board owned approximately 0.21% of Cushman & Wakefield worth $6,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. lifted its stake in 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 acquiring an additional 2,027 shares in the last quarter. GAMMA Investing LLC increased its stake in Cushman & Wakefield by 45.8% during the third quarter. GAMMA Investing LLC now owns 5,186 shares of the company's stock worth $71,000 after purchasing an additional 1,629 shares during the period. CWM LLC lifted its position 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 purchasing an additional 2,080 shares in the last quarter. KBC Group NV boosted its stake 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 during the period. Finally, Profund Advisors LLC acquired a new position in shares of Cushman & Wakefield in the second quarter valued at approximately $105,000. 95.56% of the stock is owned by hedge funds and other institutional investors.

Cushman & Wakefield Stock Down 1.2 %

Cushman & Wakefield stock traded down $0.18 during mid-day trading on Friday, reaching $15.30. 596,405 shares of the company's stock were exchanged, compared to its average volume of 1,804,106. 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 twelve month low of $8.09 and a twelve month high of $16.11. The company has a market cap of $3.51 billion, a P/E ratio of 41.35 and a beta of 1.30. The company has a fifty day moving average of $13.73 and a 200-day moving average of $12.50.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.02. Cushman & Wakefield had a return on equity of 12.10% and a net margin of 0.94%. The business had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $1.61 billion. During the same period last year, the firm earned $0.21 earnings per share. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. Sell-side analysts expect 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.