Calamos Advisors LLC Grows Position in Cushman & Wakefield plc (NYSE:CWK)

Calamos Advisors LLC boosted its holdings in shares of Cushman & Wakefield plc (NYSE:CWK) by 533.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281,985 shares of the company’s stock after acquiring an additional 237,441 shares during the period. Calamos Advisors LLC owned about 0.12% of Cushman & Wakefield worth $3,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Blue Trust Inc. increased its holdings in 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 buying an additional 2,027 shares during the period. GAMMA Investing LLC increased its holdings in shares of Cushman & Wakefield by 45.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,186 shares of the company’s stock valued at $71,000 after acquiring an additional 1,629 shares during the period. KBC Group NV raised its position 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 worth $109,000 after acquiring an additional 1,915 shares in the last quarter. CWM LLC lifted its stake in shares of Cushman & Wakefield by 67.6% during the 3rd quarter. CWM LLC now owns 9,167 shares of the company’s stock worth $125,000 after purchasing an additional 3,699 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in Cushman & Wakefield during the third quarter valued at about $150,000. Institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Stock Performance

CWK opened at $13.42 on Wednesday. The firm’s 50-day moving average price is $13.71 and its 200-day moving average price is $13.41. The company has a market cap of $3.08 billion, a P/E ratio of 36.28 and a beta of 1.34. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.76. Cushman & Wakefield plc has a 52-week low of $9.24 and a 52-week high of $16.11.

Cushman & Wakefield (NYSE:CWK) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Cushman & Wakefield had a net margin of 0.94% and a return on equity of 12.10%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $0.21 earnings per share. As a group, equities analysts anticipate that Cushman & Wakefield plc will post 0.91 EPS for the current fiscal year.

Analyst Ratings Changes

CWK has been the subject of a number of recent research reports. The Goldman Sachs Group began coverage on shares of Cushman & Wakefield in a report on Friday, December 6th. They issued a “sell” rating and a $15.00 target price for the company. JPMorgan Chase & Co. increased their target price on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Finally, Jefferies Financial Group lowered shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and cut their price target for the stock from $18.00 to $14.00 in a report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Cushman & Wakefield currently has a consensus rating of “Hold” and a consensus target price of $15.50.

Cushman & Wakefield Company Profile

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.