Cushman & Wakefield PLC (NYSE:CWK – Get Free Report) insider Nathaniel Robinson sold 12,500 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $13.39, for a total transaction of $167,375.00. Following the completion of the transaction, the insider directly owned 58,376 shares in the company, valued at $781,654.64. This represents a 17.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Cushman & Wakefield Stock Performance
Shares of CWK stock opened at $12.66 on Friday. The company has a market cap of $2.97 billion, a P/E ratio of 43.67 and a beta of 1.44. The business has a 50 day moving average of $13.70 and a two-hundred day moving average of $13.35. Cushman & Wakefield PLC has a 52 week low of $11.56 and a 52 week high of $17.40. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.19.
Cushman & Wakefield (NYSE:CWK – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $0.35 earnings per share (EPS) for the quarter. Cushman & Wakefield had a return on equity of 15.90% and a net margin of 0.64%.The business had revenue of $2.76 billion for the quarter. As a group, analysts anticipate that Cushman & Wakefield PLC will post 1.46 EPS for the current year.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Cushman & Wakefield
Institutional Trading of Cushman & Wakefield
Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its holdings in Cushman & Wakefield by 39.6% in the first quarter. Royal Bank of Canada now owns 98,508 shares of the company’s stock worth $1,007,000 after purchasing an additional 27,940 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Cushman & Wakefield by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 136,261 shares of the company’s stock valued at $1,393,000 after acquiring an additional 5,929 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Cushman & Wakefield during the first quarter valued at approximately $139,000. Jane Street Group LLC raised its holdings in Cushman & Wakefield by 1,821.3% during the first quarter. Jane Street Group LLC now owns 279,397 shares of the company’s stock worth $2,855,000 after purchasing an additional 264,855 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in Cushman & Wakefield in the first quarter worth approximately $218,000. Institutional investors own 95.56% of the company’s stock.
About Cushman & Wakefield
Cushman & Wakefield is a leading global commercial real estate services firm headquartered in Chicago. The company provides a wide range of services to occupiers and investors, specializing in transaction management, property management, facilities management and project management. Its clientele spans corporate occupiers, landlords, investors and government entities seeking solutions to optimize their real estate portfolios and operations.
The firm’s core offerings include leasing advisory for office, industrial, retail and multifamily properties, as well as capital markets advice on acquisitions, dispositions and debt and equity placements.
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