Cushman & Wakefield plc (NYSE:CWK) Position Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Cushman & Wakefield plc (NYSE:CWK) by 8.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 3,975,566 shares of the company’s stock after purchasing an additional 301,186 shares during the period. Charles Schwab Investment Management Inc. owned 1.73% of Cushman & Wakefield worth $54,187,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Intech Investment Management LLC acquired a new stake in shares of Cushman & Wakefield during the third quarter worth $3,125,000. Moran Wealth Management LLC acquired a new position in Cushman & Wakefield in the third quarter valued at approximately $2,523,000. Jennison Associates LLC bought a new position in shares of Cushman & Wakefield during the third quarter valued at approximately $746,000. Mutual of America Capital Management LLC boosted its position in Cushman & Wakefield by 6.5% during the 3rd quarter. Mutual of America Capital Management LLC now owns 34,479 shares of the company’s stock valued at $470,000 after purchasing an additional 2,102 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its stake in Cushman & Wakefield by 83.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 11,380,120 shares of the company’s stock worth $155,110,000 after buying an additional 5,171,340 shares during the last quarter. Institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Stock Down 1.2 %

CWK stock opened at $15.30 on Friday. The firm’s 50-day moving average is $13.73 and its two-hundred day moving average is $12.50. 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 company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 41.35 and a beta of 1.30. Cushman & Wakefield plc has a 52 week low of $8.09 and a 52 week high of $16.11.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share (EPS) 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 firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the company posted $0.21 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts forecast that Cushman & Wakefield plc will post 0.86 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.