Cushman & Wakefield PLC $CWK Shares Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC raised its holdings in shares of Cushman & Wakefield PLC (NYSE:CWK) by 20.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,264 shares of the company’s stock after acquiring an additional 5,513 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Cushman & Wakefield were worth $357,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC purchased a new position in shares of Cushman & Wakefield in the 1st quarter valued at $11,086,000. Entropy Technologies LP purchased a new position in Cushman & Wakefield in the 1st quarter valued at $242,000. Raymond James Financial Inc. increased its stake in shares of Cushman & Wakefield by 4.3% during the first quarter. Raymond James Financial Inc. now owns 2,070,020 shares of the company’s stock worth $21,155,000 after acquiring an additional 84,998 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Cushman & Wakefield during the 1st quarter worth approximately $102,000. Finally, XTX Topco Ltd lifted its holdings in shares of Cushman & Wakefield by 351.9% in the 1st quarter. XTX Topco Ltd now owns 70,785 shares of the company’s stock valued at $723,000 after buying an additional 55,121 shares during the period. Hedge funds and other institutional investors own 95.56% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. The Goldman Sachs Group upgraded Cushman & Wakefield from a “sell” rating to a “buy” rating and set a $17.50 price objective for the company in a research report on Friday, August 8th. JMP Securities set a $19.00 price target on shares of Cushman & Wakefield in a research note on Monday, November 3rd. JPMorgan Chase & Co. increased their price target on shares of Cushman & Wakefield from $13.00 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. Citigroup boosted their price objective on shares of Cushman & Wakefield from $14.50 to $18.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Cushman & Wakefield in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Cushman & Wakefield has a consensus rating of “Hold” and a consensus price target of $17.38.

Insiders Place Their Bets

In other Cushman & Wakefield news, Director Angela Sun sold 6,800 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $16.02, for a total transaction of $108,936.00. Following the completion of the transaction, the director owned 46,498 shares of the company’s stock, valued at approximately $744,897.96. This trade represents a 12.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.50% of the company’s stock.

Cushman & Wakefield Price Performance

Shares of NYSE CWK opened at $15.47 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.39. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 16.11 and a beta of 1.56. The company’s 50-day moving average price is $15.98 and its 200 day moving average price is $13.35. Cushman & Wakefield PLC has a 52 week low of $7.64 and a 52 week high of $17.33.

Cushman & Wakefield (NYSE:CWK) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. Cushman & Wakefield had a net margin of 2.23% and a return on equity of 14.69%. The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period in the prior year, the business earned $0.23 earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. As a group, research analysts forecast that Cushman & Wakefield PLC will post 1.2 earnings per share for the current fiscal year.

About Cushman & Wakefield

Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.