GHP Investment Advisors Inc. Purchases 1,419 Shares of Omnicom Group Inc. (NYSE:OMC)

GHP Investment Advisors Inc. increased its position in Omnicom Group Inc. (NYSE:OMC) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,758 shares of the business services provider’s stock after purchasing an additional 1,419 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Omnicom Group were worth $5,658,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. purchased a new position in Omnicom Group during the fourth quarter valued at $25,000. Versant Capital Management Inc increased its stake in shares of Omnicom Group by 645.2% in the 4th quarter. Versant Capital Management Inc now owns 313 shares of the business services provider’s stock worth $27,000 after acquiring an additional 271 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in Omnicom Group during the 3rd quarter valued at about $33,000. HM Payson & Co. boosted its stake in Omnicom Group by 84.5% during the third quarter. HM Payson & Co. now owns 369 shares of the business services provider’s stock worth $38,000 after acquiring an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont grew its holdings in Omnicom Group by 742.4% in the fourth quarter. Trust Co. of Vermont now owns 556 shares of the business services provider’s stock worth $48,000 after purchasing an additional 490 shares during the period. 91.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on OMC shares. Wells Fargo & Company lowered 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. Barclays lowered their price objective on Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Macquarie reissued an “outperform” rating and issued a $120.00 target price on shares of Omnicom Group in a research note on Wednesday, December 11th. JPMorgan Chase & Co. lowered their price target on Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Finally, UBS Group increased their price objective on shares of Omnicom Group from $120.00 to $124.00 and gave the company a “buy” rating in a research report 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 issued a buy rating to the stock. Based on data from MarketBeat, Omnicom Group has a consensus rating of “Moderate Buy” and a consensus target price of $108.25.

Omnicom Group Trading Down 1.0 %

Omnicom Group stock opened at $84.08 on Friday. Omnicom Group Inc. has a one year low of $81.42 and a one year high of $107.00. The business’s fifty day moving average is $89.28 and its 200 day moving average is $96.09. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.98 and a quick ratio of 0.86. The stock has a market capitalization of $16.52 billion, a PE ratio of 11.49, a price-to-earnings-growth ratio of 1.89 and a beta of 0.97.

Omnicom Group (NYSE:OMC) last announced its quarterly earnings results on Tuesday, February 4th. The business services provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.03. Omnicom Group had a net margin of 9.45% and a return on equity of 36.59%. During the same period last year, the firm earned $2.20 earnings per share. On average, sell-side analysts predict that Omnicom Group Inc. will post 7.99 EPS for the current year.

Omnicom Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 20th were paid a dividend of $0.70 per share. The ex-dividend date was Friday, December 20th. This represents a $2.80 dividend on an annualized basis and a yield of 3.33%. Omnicom Group’s dividend payout ratio is presently 38.25%.

About Omnicom Group

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.