20,407 Shares in Cushman & Wakefield plc (NYSE:CWK) Acquired by ClearAlpha Technologies LP

ClearAlpha Technologies LP acquired a new stake in Cushman & Wakefield plc (NYSE:CWK) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 20,407 shares of the company’s stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWK. Blue Trust Inc. lifted its stake in shares of Cushman & Wakefield by 137.5% during the third quarter. Blue Trust Inc. now owns 3,501 shares of the company’s stock valued at $48,000 after acquiring an additional 2,027 shares during the period. CWM LLC raised its holdings in 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 purchasing an additional 2,080 shares during the last quarter. GAMMA Investing LLC lifted its position in Cushman & Wakefield by 45.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,186 shares of the company’s stock valued at $71,000 after purchasing an additional 1,629 shares during the period. Profund Advisors LLC acquired a new position in Cushman & Wakefield during the 2nd quarter valued at about $105,000. Finally, KBC Group NV boosted its stake 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 last quarter. 95.56% of the stock is owned by institutional investors and hedge funds.

Cushman & Wakefield Trading Down 0.7 %

CWK opened at $15.20 on Tuesday. The firm has a 50 day simple moving average of $13.76 and a 200 day simple moving average of $12.54. Cushman & Wakefield plc has a fifty-two week low of $8.42 and a fifty-two week high of $16.11. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 41.08 and a beta of 1.30. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.18 and a quick ratio of 1.18.

Cushman & Wakefield (NYSE:CWK) last released its earnings results on Monday, November 4th. The company reported $0.23 EPS for the quarter, topping 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 firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the business earned $0.21 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Cushman & Wakefield plc will post 0.91 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.