Live Ownership Coverage: Interpublic Group Of Companies Inc (NYSE:IPG) Shifting Institutional Investors Sentiment

November 29, 2016 - By Marguerite Chambers   ·   0 Comments

Live Ownership Coverage: Interpublic Group Of Companies Inc (NYSE:IPG) Shifting Institutional Investors Sentiment

Sentiment for Interpublic Group Of Companies Inc (NYSE:IPG)

Interpublic Group Of Companies Inc (NYSE:IPG) institutional sentiment decreased to 0.88 in Q2 2016. Its down -0.27, from 1.15 in 2016Q1. The ratio is negative, as 218 funds increased or opened new holdings, while 190 decreased and sold their equity positions in Interpublic Group Of Companies Inc. The funds in our partner’s database now hold: 365.16 million shares, up from 358.54 million shares in 2016Q1. Also, the number of funds holding Interpublic Group Of Companies Inc in their top 10 holdings was flat from 6 to 6 for the same number . Sold All: 37 Reduced: 153 Increased: 169 New Position: 49.

The Interpublic Group of Companies, Inc. is an advertising and marketing services company. The company has a market cap of $9.83 billion. IPG’s companies are engaged in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It has a 18.27 P/E ratio. The Firm operates through two divisions: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).

The stock decreased 0.16% or $0.04 during the last trading session, hitting $24.55. Interpublic Group of Companies Inc (NYSE:IPG) has risen 4.78% since April 26, 2016 and is uptrending. It has underperformed by 0.48% the S&P500.

Analysts await Interpublic Group of Companies Inc (NYSE:IPG) to report earnings on February, 10. They expect $0.67 earnings per share, up 1.52% or $0.01 from last year’s $0.66 per share. IPG’s profit will be $268.27 million for 9.16 P/E if the $0.67 EPS becomes a reality. After $0.31 actual earnings per share reported by Interpublic Group of Companies Inc for the previous quarter, Wall Street now forecasts 116.13% EPS growth.

According to Zacks Investment Research, “The Interpublic Group of Companies, Inc.’s is one of the world’s leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, MAGNA Global, McCann Erickson, Momentum, MRM Worldwide, Octagon, Universal McCann and Weber Shandwick. Leading domestic brands include Campbell-Ewald, Carmichael Lynch, Deutsch, Hill Holliday, Mullen and The Martin Agency.”

Act Ii Management Lp holds 10.46% of its portfolio in Interpublic Group of Companies Inc for 570,262 shares. Fir Tree Inc. owns 6.37 million shares or 6.02% of their US portfolio. Moreover, Capital Management Corp Va has 4.44% invested in the company for 495,846 shares. The Florida-based Dudley & Shanley Llc has invested 4.32% in the stock. Westport Advisers Llc, a Connecticut-based fund reported 845,000 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 insider sale for $811,508 net activity.

Interpublic Group of Companies Inc (NYSE:IPG) Ratings Coverage

Ratings analysis reveals 100% of Interpublic Group of Companies’s analysts are positive. Out of 9 Wall Street analysts rating Interpublic Group of Companies, 9 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $21 while the high is $28. The stock’s average target of $25.69 is 4.64% above today’s ($24.55) share price. IPG was included in 10 notes of analysts from September 7, 2015. The company was upgraded on Friday, September 11 by FBR Capital. Pivotal Research maintained it with “Buy” rating and $28 target price in Monday, October 17 report. The stock of Interpublic Group of Companies Inc (NYSE:IPG) has “Outperform” rating given on Thursday, September 15 by Credit Suisse. On Monday, September 7 the stock rating was upgraded by Zacks to “Buy”. On Friday, October 7 the stock rating was initiated by RBC Capital Markets with “Top Pick”. The firm earned “Hold” rating on Wednesday, October 21 by Pivotal Research. The firm has “Overweight” rating given on Friday, December 18 by Morgan Stanley. Telsey Advisory Group maintained the shares of IPG in a report on Thursday, October 22 with “Outperform” rating.

IPG Company Profile

The Interpublic Group of Companies, Inc. (IPG), incorporated on October 18, 1930, is an advertising and marketing services company. IPG’s companies are engaged in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. The Firm operates through two divisions: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).Its agencies create customized marketing programs for clients that range in scale from global marketers to regional and local clients. The Company’s solutions vary from project activity involving one agency to long-term, integrated campaigns created by multiple IPG agencies working together.

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By Marguerite Chambers


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