UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in Cushman & Wakefield plc (NYSE:CWK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Cushman & Wakefield plc (NYSE:CWK - Free Report) by 737.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,982,586 shares of the company's stock after acquiring an additional 1,745,986 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.86% of Cushman & Wakefield worth $27,023,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Blue Trust Inc. grew 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 purchasing an additional 2,027 shares in the last quarter. CWM LLC boosted its position in shares of Cushman & Wakefield by 61.4% during 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 in the last quarter. GAMMA Investing LLC raised its holdings 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 in the last quarter. Profund Advisors LLC acquired a new position in Cushman & Wakefield in the second quarter valued at $105,000. Finally, KBC Group NV boosted its position in shares of Cushman & Wakefield by 31.7% in the 3rd 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. Hedge funds and other institutional investors own 95.56% of the company's stock.

Cushman & Wakefield Stock Performance

Shares of Cushman & Wakefield stock traded up $0.01 during trading on Thursday, reaching $15.13. The company's stock had a trading volume of 340,571 shares, compared to its average volume of 2,147,684. The company has a 50-day moving average price of $13.83 and a two-hundred day moving average price of $12.58. Cushman & Wakefield plc has a fifty-two week low of $8.53 and a fifty-two week high of $16.11. The firm has a market cap of $3.47 billion, a PE ratio of 40.89 and a beta of 1.32. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.76.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its 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. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The business had revenue of $2.34 billion during the quarter, compared to analysts' expectations of $1.61 billion. During the same period in the prior year, the company earned $0.21 earnings per share. The business's revenue was up 2.5% compared to the same quarter last year. On average, analysts forecast that Cushman & Wakefield plc will post 0.88 EPS for the current 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.