Asset Administration One Co. Ltd. raised its holdings in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) by 3.5% within the 2nd quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 84,329 shares of the enterprise providers supplier’s inventory after shopping for a further 2,855 shares in the course of the quarter. Asset Administration One Co. Ltd.’s holdings in Omnicom Group had been price $6,067,000 as of its most up-to-date submitting with the Securities & Change Fee.
A number of different hedge funds and different institutional traders have additionally added to or diminished their stakes in OMC. Golden State Wealth Administration LLC grew its place in Omnicom Group by 230.2% in the course of the first quarter. Golden State Wealth Administration LLC now owns 492 shares of the enterprise providers supplier’s inventory price $41,000 after shopping for a further 343 shares within the final quarter. Robeco Institutional Asset Administration B.V. grew its place in Omnicom Group by 66.2% in the course of the first quarter. Robeco Institutional Asset Administration B.V. now owns 69,287 shares of the enterprise providers supplier’s inventory price $5,745,000 after shopping for a further 27,592 shares within the final quarter. Mirae Asset World Investments Co. Ltd. grew its place in Omnicom Group by 1.6% in the course of the first quarter. Mirae Asset World Investments Co. Ltd. now owns 23,459 shares of the enterprise providers supplier’s inventory price $1,882,000 after shopping for a further 370 shares within the final quarter. Sumitomo Mitsui Belief Group Inc. grew its place in Omnicom Group by 2.3% in the course of the first quarter. Sumitomo Mitsui Belief Group Inc. now owns 516,716 shares of the enterprise providers supplier’s inventory price $42,841,000 after shopping for a further 11,622 shares within the final quarter. Lastly, Amalgamated Financial institution grew its place in Omnicom Group by 1.6% in the course of the first quarter. Amalgamated Financial institution now owns 38,082 shares of the enterprise providers supplier’s inventory price $3,157,000 after shopping for a further 582 shares within the final quarter. 91.97% of the inventory is at the moment owned by hedge funds and different institutional traders.
Omnicom Group Buying and selling Down 2.9%
NYSE OMC opened at $76.90 on Wednesday. Omnicom Group Inc. has a 1-year low of $68.37 and a 1-year excessive of $107.00. The corporate has a present ratio of 0.92, a fast ratio of 0.80 and a debt-to-equity ratio of 0.95. The inventory has a 50-day transferring common of $77.90 and a 200-day transferring common of $75.17. The agency has a market cap of $14.84 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 1.52 and a beta of 0.96.
Omnicom Group (NYSE:OMC – Get Free Report) final launched its earnings outcomes on Tuesday, October twenty first. The enterprise providers supplier reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.07. Omnicom Group had a return on fairness of 33.30% and a web margin of 8.31%.The corporate had income of $4.04 billion in the course of the quarter, in comparison with analyst estimates of $4.02 billion. Throughout the identical quarter within the earlier 12 months, the corporate posted $2.03 EPS. Omnicom Group’s income for the quarter was up 4.0% on a year-over-year foundation. As a bunch, sell-side analysts forecast that Omnicom Group Inc. will submit 8.25 EPS for the present 12 months.
Analyst Rankings Adjustments
A number of equities analysts lately commented on OMC shares. JPMorgan Chase & Co. diminished their goal value on Omnicom Group from $104.00 to $96.00 and set an “obese” score for the corporate in a analysis report on Thursday, July tenth. Weiss Rankings reaffirmed a “maintain (c)” score on shares of Omnicom Group in a analysis be aware on Wednesday, October eighth. Wells Fargo & Firm raised Omnicom Group from an “equal weight” score to an “obese” score and lifted their value goal for the inventory from $78.00 to $91.00 in a analysis be aware on Tuesday, September twenty third. Lastly, Barclays lifted their value goal on Omnicom Group from $80.00 to $82.00 and gave the inventory an “equal weight” score in a analysis be aware on Thursday, October twenty third. 5 analysts have rated the inventory with a Purchase score and 4 have given a Maintain score to the inventory. In keeping with MarketBeat, Omnicom Group presently has a mean score of “Reasonable Purchase” and a consensus value goal of $96.57.
View Our Newest Analysis Report on OMC
About Omnicom Group
(Free Report)
Omnicom Group Inc, along with its subsidiaries, gives promoting, advertising and marketing, and company communications providers. It supplies a variety of providers within the areas of promoting and media, precision advertising and marketing, commerce and branding, experiential, execution and assist, public relations, and healthcare.
Beneficial Tales
Wish to see what different hedge funds are holding OMC? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Omnicom Group Inc. (NYSE:OMC – Free Report).
Obtain Information & Rankings for Omnicom Group Every day – Enter your e-mail handle under to obtain a concise each day abstract of the newest information and analysts’ scores for Omnicom Group and associated corporations with MarketBeat.com’s FREE each day e-mail publication.
