PEAK6 Investments LLC Has $1.44 Million Stock Position in Cushman & Wakefield plc (NYSE:CWK)

PEAK6 Investments LLC increased its stake in shares of Cushman & Wakefield plc (NYSE:CWK) by 78.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,890 shares of the company’s stock after acquiring an additional 46,632 shares during the period. PEAK6 Investments LLC’s holdings in Cushman & Wakefield were worth $1,443,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CWK. Empowered Funds LLC lifted its stake in Cushman & Wakefield by 11.7% in the third quarter. Empowered Funds LLC now owns 11,230 shares of the company’s stock valued at $153,000 after acquiring an additional 1,180 shares during the last quarter. SummerHaven Investment Management LLC raised its holdings in shares of Cushman & Wakefield by 1.8% in the 2nd quarter. SummerHaven Investment Management LLC now owns 79,929 shares of the company’s stock valued at $831,000 after purchasing an additional 1,395 shares during the period. CIBC Asset Management Inc lifted its stake in Cushman & Wakefield by 10.5% in the 3rd quarter. CIBC Asset Management Inc now owns 15,013 shares of the company’s stock valued at $205,000 after purchasing an additional 1,421 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in Cushman & Wakefield by 6.5% during the third quarter. Handelsbanken Fonder AB now owns 24,500 shares of the company’s stock worth $334,000 after purchasing an additional 1,500 shares during the period. Finally, GAMMA Investing LLC increased its position 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 buying an additional 1,629 shares during the last quarter. 95.56% of the stock is owned by institutional investors and hedge funds.

Cushman & Wakefield Price Performance

NYSE:CWK opened at $15.20 on Tuesday. Cushman & Wakefield plc has a 12-month low of $8.42 and a 12-month high of $16.11. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 41.08 and a beta of 1.30. The stock’s 50 day moving average price is $13.76 and its two-hundred day moving average price is $12.54. 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 (NYSE:CWK) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the business earned $0.21 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts anticipate that Cushman & Wakefield plc will post 0.91 earnings per share 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.