Bank of Montreal Can Has $5.82 Million Position in WPP plc (NYSE:WPP)

Bank of Montreal Can lowered its holdings in WPP plc (NYSE:WPP - Free Report) by 41.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,754 shares of the business services provider's stock after selling 79,647 shares during the quarter. Bank of Montreal Can's holdings in WPP were worth $5,824,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of WPP by 26.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 120,564 shares of the business services provider's stock worth $5,715,000 after acquiring an additional 24,899 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of WPP by 62.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,320 shares of the business services provider's stock valued at $66,000 after buying an additional 505 shares in the last quarter. Gilman Hill Asset Management LLC raised its holdings in shares of WPP by 4.8% in the second quarter. Gilman Hill Asset Management LLC now owns 75,816 shares of the business services provider's stock valued at $3,471,000 after buying an additional 3,465 shares during the last quarter. Blue Trust Inc. lifted its position in WPP by 767.1% during the 2nd quarter. Blue Trust Inc. now owns 737 shares of the business services provider's stock worth $35,000 after buying an additional 652 shares in the last quarter. Finally, Aaron Wealth Advisors LLC grew its holdings in WPP by 8.4% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 4,707 shares of the business services provider's stock worth $215,000 after acquiring an additional 364 shares during the last quarter. Institutional investors and hedge funds own 4.34% of the company's stock.

WPP Trading Down 0.1 %

NYSE WPP traded down $0.06 during trading hours on Tuesday, hitting $54.75. The company's stock had a trading volume of 87,666 shares, compared to its average volume of 160,732. WPP plc has a twelve month low of $43.02 and a twelve month high of $55.74. The stock has a fifty day moving average of $52.24 and a 200 day moving average of $49.58.

Wall Street Analyst Weigh In

WPP has been the subject of several research analyst reports. StockNews.com downgraded WPP from a "buy" rating to a "hold" rating in a report on Monday, November 18th. Citigroup upgraded WPP to a "strong-buy" rating in a report on Thursday, August 8th.

WPP Company Profile

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.