18,301 Shares in ManpowerGroup Inc. (NYSE:MAN) Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC acquired a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,301 shares of the business services provider's stock, valued at approximately $1,056,000.

A number of other large investors have also added to or reduced their stakes in MAN. Harbor Capital Advisors Inc. increased its stake in shares of ManpowerGroup by 0.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 47,562 shares of the business services provider's stock worth $2,745,000 after purchasing an additional 234 shares in the last quarter. Captrust Financial Advisors lifted its position in ManpowerGroup by 11.8% during the third quarter. Captrust Financial Advisors now owns 3,260 shares of the business services provider's stock valued at $240,000 after purchasing an additional 344 shares during the last quarter. KBC Group NV lifted its position in ManpowerGroup by 1.0% during the fourth quarter. KBC Group NV now owns 54,109 shares of the business services provider's stock valued at $3,123,000 after purchasing an additional 536 shares during the last quarter. Alexander Randolph Advisory Inc. lifted its position in ManpowerGroup by 1.7% during the fourth quarter. Alexander Randolph Advisory Inc. now owns 33,148 shares of the business services provider's stock valued at $1,913,000 after purchasing an additional 545 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in ManpowerGroup by 171.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 890 shares of the business services provider's stock valued at $51,000 after purchasing an additional 562 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company's stock.

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ManpowerGroup Stock Down 3.9 %

Shares of ManpowerGroup stock traded down $2.07 during trading on Thursday, hitting $50.80. The company's stock had a trading volume of 65,903 shares, compared to its average volume of 576,071. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.15 and a current ratio of 1.12. The company has a fifty day simple moving average of $56.86 and a two-hundred day simple moving average of $60.79. The company has a market capitalization of $2.37 billion, a PE ratio of 16.99 and a beta of 1.28. ManpowerGroup Inc. has a 52 week low of $47.29 and a 52 week high of $78.87.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of ManpowerGroup from $67.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Truist Financial reiterated a "hold" rating and set a $70.00 price target (down from $74.00) on shares of ManpowerGroup in a report on Friday, January 31st. Barclays upgraded shares of ManpowerGroup from an "underweight" rating to an "equal weight" rating and lowered their price target for the company from $55.00 to $50.00 in a report on Thursday. Finally, UBS Group lowered their price target on shares of ManpowerGroup from $71.00 to $63.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, ManpowerGroup has an average rating of "Hold" and a consensus price target of $68.50.

ManpowerGroup Company Profile

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.