XTX Topco Ltd Has $271,000 Stock Position in Cushman & Wakefield plc (NYSE:CWK)

XTX Topco Ltd lifted its stake in shares of Cushman & Wakefield plc (NYSE:CWK) by 4.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,849 shares of the company’s stock after buying an additional 903 shares during the period. XTX Topco Ltd’s holdings in Cushman & Wakefield were worth $271,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. grew its position 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 acquiring an additional 5,171,340 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of Cushman & Wakefield by 31.2% during the second quarter. Victory Capital Management Inc. now owns 10,395,027 shares of the company’s stock worth $108,108,000 after purchasing an additional 2,469,831 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Cushman & Wakefield by 23.1% in the second quarter. Dimensional Fund Advisors LP now owns 10,173,171 shares of the company’s stock valued at $105,802,000 after buying an additional 1,910,212 shares during the period. State Street Corp raised its holdings in Cushman & Wakefield by 9.8% in the 3rd quarter. State Street Corp now owns 8,463,595 shares of the company’s stock valued at $115,359,000 after buying an additional 756,966 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Cushman & Wakefield by 8.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,975,566 shares of the company’s stock worth $54,187,000 after buying an additional 301,186 shares during the period. 95.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CWK shares. The Goldman Sachs Group initiated coverage on shares of Cushman & Wakefield in a research report on Friday, December 6th. They issued a “sell” rating and a $15.00 price target for the company. JPMorgan Chase & Co. raised their target price on Cushman & Wakefield from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $15.25.

Cushman & Wakefield Stock Down 8.5 %

Shares of NYSE CWK opened at $13.37 on Thursday. The company’s 50 day moving average price is $14.16 and its 200-day moving average price is $12.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18. Cushman & Wakefield plc has a 52-week low of $9.24 and a 52-week high of $16.11. The company has a market capitalization of $3.07 billion, a P/E ratio of 36.14 and a beta of 1.32.

Cushman & Wakefield (NYSE:CWK) last released its earnings results 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 net margin of 0.94% and a return on equity of 12.10%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the business earned $0.21 earnings per share. Cushman & Wakefield’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities analysts forecast that Cushman & Wakefield plc will post 0.88 earnings per share 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.