Dean Capital Management Increases Holdings in Omnicom Group Inc. (NYSE:OMC)

Dean Capital Management boosted its position in Omnicom Group Inc. (NYSE:OMC) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,491 shares of the business services provider’s stock after buying an additional 340 shares during the quarter. Dean Capital Management’s holdings in Omnicom Group were worth $1,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new position in Omnicom Group in the 4th quarter worth $25,000. Versant Capital Management Inc boosted its position in 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 buying an additional 271 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of Omnicom Group by 146.6% during the fourth quarter. Venturi Wealth Management LLC now owns 328 shares of the business services provider’s stock worth $28,000 after purchasing an additional 195 shares during the period. Johnson Financial Group Inc. grew its stake in shares of Omnicom Group by 153.8% in the fourth quarter. Johnson Financial Group Inc. now owns 330 shares of the business services provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in Omnicom Group by 708.8% during the 4th quarter. CoreCap Advisors LLC now owns 461 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 404 shares during the period. Hedge funds and other institutional investors own 91.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on OMC. Argus cut Omnicom Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. JPMorgan Chase & Co. reduced their price objective on shares of Omnicom Group from $116.00 to $104.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Citigroup reaffirmed a “buy” rating and issued a $103.00 target price on shares of Omnicom Group in a research report on Tuesday, April 15th. Wells Fargo & Company reduced their price target on shares of Omnicom Group from $99.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. Finally, UBS Group lowered their price objective on shares of Omnicom Group from $117.00 to $104.00 and set a “buy” rating for the company in a report on Thursday, March 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.29.

Omnicom Group Trading Down 1.4 %

NYSE:OMC opened at $75.97 on Wednesday. The firm has a market capitalization of $14.82 billion, a P/E ratio of 10.20, a PEG ratio of 1.94 and a beta of 0.95. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.00 and a quick ratio of 0.90. Omnicom Group Inc. has a one year low of $69.13 and a one year high of $107.00. The company’s 50-day simple moving average is $77.77 and its 200 day simple moving average is $87.09.

Omnicom Group (NYSE:OMC) last posted its quarterly earnings results on Tuesday, April 15th. The business services provider reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.07. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.73 billion. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. As a group, analysts forecast that Omnicom Group Inc. will post 8.25 EPS for the current fiscal year.

Omnicom Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 10th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.69%. Omnicom Group’s payout ratio is 38.30%.

Omnicom Group Company 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.