Robinson Value Management Ltd. Purchases 1,283 Shares of Omnicom Group Inc. (NYSE:OMC)

Robinson Value Management Ltd. grew its stake in shares of Omnicom Group Inc. (NYSE:OMCFree Report) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,078 shares of the business services provider’s stock after buying an additional 1,283 shares during the period. Omnicom Group accounts for about 1.9% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 16th largest position. Robinson Value Management Ltd.’s holdings in Omnicom Group were worth $2,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of OMC. ST Germain D J Co. Inc. bought a new stake in shares of Omnicom Group during the fourth quarter valued at approximately $25,000. Versant Capital Management Inc grew its holdings in shares of 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 purchasing an additional 271 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of Omnicom Group in the third quarter valued at $33,000. HM Payson & Co. grew 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 purchasing an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont grew its holdings in shares of Omnicom Group by 742.4% in the fourth quarter. Trust Co. of Vermont now owns 556 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 490 shares in the last quarter. Institutional investors own 91.97% of the company’s stock.

Analyst Ratings Changes

OMC has been the subject of a number of recent research reports. Wells Fargo & Company cut their target price on shares of Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. JPMorgan Chase & Co. cut their target price on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a report on Monday, January 27th. 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 report on Friday, January 24th. Macquarie reaffirmed an “outperform” rating and set a $120.00 price objective on shares of Omnicom Group in a research note on Wednesday, December 11th. Finally, UBS Group lifted 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 equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $108.25.

Check Out Our Latest Analysis on Omnicom Group

Omnicom Group Stock Performance

Shares of Omnicom Group stock opened at $83.76 on Friday. The company has a market capitalization of $16.46 billion, a PE ratio of 11.24, a P/E/G ratio of 1.94 and a beta of 0.97. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.86 and a current ratio of 1.00. The company has a 50-day simple moving average of $88.46 and a two-hundred day simple moving average of $95.95. Omnicom Group Inc. has a one year low of $81.42 and a one year high of $107.00.

Omnicom Group (NYSE:OMCGet Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $2.20 EPS. Research analysts expect that Omnicom Group Inc. will post 8.32 EPS for the current fiscal year.

Omnicom Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 20th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.34%. Omnicom Group’s payout ratio is 37.58%.

Omnicom Group Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Omnicom Group (NYSE:OMC)

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