Omnicom Group Inc. (NYSE:OMC) Shares Bought by Advisor OS LLC

Advisor OS LLC lifted its holdings in Omnicom Group Inc. (NYSE:OMC) by 114.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,559 shares of the business services provider’s stock after purchasing an additional 4,567 shares during the quarter. Advisor OS LLC’s holdings in Omnicom Group were worth $736,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of OMC. ST Germain D J Co. Inc. bought a new stake in Omnicom Group during the fourth quarter worth approximately $25,000. Versant Capital Management Inc increased its position in shares of Omnicom Group by 645.2% during the 4th quarter. Versant Capital Management Inc now owns 313 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 271 shares during the period. Venturi Wealth Management LLC raised its stake in shares of Omnicom Group by 146.6% in the 4th quarter. Venturi Wealth Management LLC now owns 328 shares of the business services provider’s stock worth $28,000 after buying an additional 195 shares in the last quarter. HM Payson & Co. lifted its holdings in shares of Omnicom Group by 84.5% in the third quarter. HM Payson & Co. now owns 369 shares of the business services provider’s stock valued at $38,000 after buying an additional 169 shares during the period. Finally, Trust Co. of Vermont boosted its stake in Omnicom Group by 742.4% during the fourth quarter. Trust Co. of Vermont now owns 556 shares of the business services provider’s stock valued at $48,000 after buying an additional 490 shares in the last quarter. 91.97% of the stock is owned by institutional investors and hedge funds.

Omnicom Group Trading Down 0.2 %

NYSE OMC opened at $83.69 on Thursday. The firm’s 50 day moving average price is $85.11 and its two-hundred day moving average price is $95.00. The stock has a market cap of $16.44 billion, a price-to-earnings ratio of 11.23, a PEG ratio of 1.94 and a beta of 0.97. Omnicom Group Inc. has a twelve month low of $80.31 and a twelve month high of $107.00. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.00.

Omnicom Group (NYSE:OMC) last released its earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.03. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. During the same quarter in the previous year, the firm posted $2.20 EPS. Equities analysts anticipate that Omnicom Group Inc. will post 8.25 EPS for the current year.

Omnicom Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 11th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $2.80 dividend on an annualized basis and a yield of 3.35%. Omnicom Group’s payout ratio is 37.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Macquarie reissued an “outperform” rating and issued a $120.00 price target on shares of Omnicom Group in a report on Wednesday, December 11th. Barclays cut their target price on shares of Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Wells Fargo & Company decreased their price target on shares of Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Argus downgraded Omnicom Group from a “buy” rating to a “hold” rating in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. reduced their price objective on Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Omnicom Group has an average rating of “Moderate Buy” and an average price target of $108.25.

Omnicom Group Profile

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.