Ownership Action Report: 2016 Q2 Sentiment Omnicom Group Inc (NYSE:OMC)

November 25, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Action Report:  2016 Q2 Sentiment Omnicom Group Inc (NYSE:OMC)

Sentiment for Omnicom Group Inc (NYSE:OMC)

Omnicom Group Inc (NYSE:OMC) institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.11, from 0.92 in 2016Q1. The ratio has improved, as 267 investment professionals increased and started new positions, while 289 sold and trimmed positions in Omnicom Group Inc. The investment professionals in our partner’s database now own: 225.02 million shares, down from 233.74 million shares in 2016Q1. Also, the number of investment professionals holding Omnicom Group Inc in their top 10 positions decreased from 27 to 18 for a decrease of 9. Sold All: 51 Reduced: 238 Increased: 209 New Position: 58.

Omnicom Group Inc. is a holding company. The company has a market cap of $20.84 billion. The Firm provides advertising, marketing and corporate communications services. It has a 18.74 P/E ratio. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management , public relations and specialty communications.

About 225,164 shares traded hands. Omnicom Group Inc. (NYSE:OMC) has risen 4.75% since April 22, 2016 and is uptrending. It has underperformed by 0.66% the S&P500.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on February, 14. They expect $1.46 earnings per share, up 8.15% or $0.11 from last year’s $1.35 per share. OMC’s profit will be $344.38M for 15.13 P/E if the $1.46 EPS becomes a reality. After $1.06 actual earnings per share reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts 37.74% EPS growth.

According to Zacks Investment Research, “Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis. The corporate communications services offered by the company include advertising in various media such as television, radio, newspaper, magazines, outdoor and the internet, as well as public relations, specialty advertising, direct response and promotional marketing, strategic media planning and buying, and internet and digital media development.”

Coho Partners Ltd. holds 4.51% of its portfolio in Omnicom Group Inc. for 1.52 million shares. Gibraltar Capital Management Inc. owns 41,092 shares or 4.12% of their US portfolio. Moreover, Matterhorn Capital Management Llc has 4.06% invested in the company for 78,532 shares. The Oregon-based Jensen Investment Management Inc has invested 3.99% in the stock. Mcrae Capital Management Inc, a New Jersey-based fund reported 105,505 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 4 selling transactions for $2.09 million net activity.

Omnicom Group Inc. (NYSE:OMC) Ratings Coverage

Ratings analysis reveals 25% of Omnicom’s analysts are positive. Out of 8 Wall Street analysts rating Omnicom, 2 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $69 while the high is $90. The stock’s average target of $86.67 is -1.90% below today’s ($88.35) share price. OMC was included in 11 notes of analysts from July 23, 2015. Credit Suisse initiated Omnicom Group Inc. (NYSE:OMC) on Thursday, September 15 with “Neutral” rating. RBC Capital Markets initiated the stock with “Sector Perform” rating in Friday, October 7 report. The rating was downgraded by Zacks to “Buy” on Tuesday, August 25. The stock has “Buy” rating given by Argus Research on Thursday, July 23. Barclays Capital downgraded the shares of OMC in a report on Wednesday, April 20 to “Equal-Weight” rating. As per Friday, October 16, the company rating was upgraded by Pivotal Research. Telsey Advisory Group maintained Omnicom Group Inc. (NYSE:OMC) on Wednesday, July 20 with “Market Perform” rating. The rating was maintained by JP Morgan on Monday, March 21 with “Overweight”. The rating was downgraded by Wells Fargo on Thursday, April 14 to “Market Perform”. The rating was maintained by Pivotal Research with “Hold” on Monday, October 17.

OMC Company Profile

Omnicom Group Inc., incorporated on November 17, 1944, is a holding company. The Firm provides advertising, marketing and corporate communications services. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. The Firm caters to various industry sectors, such as food and beverage, consumer products, pharmaceuticals and healthcare, financial services, technology, travel and entertainment, telecommunications and retail.

More recent Omnicom Group Inc. (NYSE:OMC) news were published by: Forbes.com which released: “Omnicom Group Reaches Analyst Target Price” on November 18, 2016. Also Fool.com published the news titled: “AT&T Inc. Seals Huge Advertising Deal With Omnicom Group Inc.” on August 20, 2016. Fool.com‘s news article titled: “Omnicom Group Inc. Weathers a Tough Market” with publication date: July 18, 2016 was also an interesting one.

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By Marie Mckinney


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