Omnicom Group Inc. (NYSE:OMC) Stock Position Lifted by Advisory Alpha LLC

Advisory Alpha LLC boosted its stake in shares of Omnicom Group Inc. (NYSE:OMC) by 14.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,214 shares of the business services provider’s stock after purchasing an additional 408 shares during the period. Advisory Alpha LLC’s holdings in Omnicom Group were worth $277,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. acquired a new stake in Omnicom Group in the fourth quarter valued at approximately $25,000. Versant Capital Management Inc lifted its stake in Omnicom Group by 645.2% in the fourth quarter. Versant Capital Management Inc now owns 313 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 271 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in Omnicom Group in the third quarter valued at approximately $33,000. Davis Capital Management acquired a new stake in Omnicom Group in the third quarter valued at approximately $36,000. Finally, HM Payson & Co. lifted its stake in 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 acquiring an additional 169 shares during the last quarter. 91.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

OMC has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Omnicom Group from $118.00 to $119.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Barclays boosted their price objective on shares of Omnicom Group from $110.00 to $121.00 and gave the stock an “overweight” rating in a research note on Thursday, October 17th. Wells Fargo & Company reduced their price objective on shares of Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 10th. Macquarie restated an “outperform” rating and issued a $120.00 price objective on shares of Omnicom Group in a research note on Wednesday, December 11th. Finally, UBS Group boosted their price objective on shares of Omnicom Group from $120.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Omnicom Group has an average rating of “Moderate Buy” and an average target price of $110.00.

Omnicom Group Price Performance

NYSE:OMC opened at $86.21 on Friday. The stock has a market cap of $16.82 billion, a P/E ratio of 11.78, a PEG ratio of 1.89 and a beta of 0.98. Omnicom Group Inc. has a one year low of $81.42 and a one year high of $107.00. The company has a fifty day moving average price of $92.23 and a 200 day moving average price of $96.46. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.98 and a quick ratio of 0.86.

Omnicom Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 20th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.25%. The ex-dividend date was Friday, December 20th. Omnicom Group’s payout ratio is currently 38.25%.

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.