Compagnie Lombard Odier SCmA Purchases New Stake in Omnicom Group Inc. (NYSE:OMC)

Compagnie Lombard Odier SCmA bought a new stake in shares of Omnicom Group Inc. (NYSE:OMC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,253 shares of the business services provider's stock, valued at approximately $366,000.

A number of other hedge funds have also modified their holdings of OMC. ST Germain D J Co. Inc. acquired a new position in shares of Omnicom Group in the fourth quarter valued at about $25,000. Versant Capital Management Inc increased its holdings in shares of Omnicom Group by 645.2% in the fourth quarter. Versant Capital Management Inc now owns 313 shares of the business services provider's stock valued at $27,000 after purchasing an additional 271 shares during the period. Northwest Investment Counselors LLC acquired a new position in shares of Omnicom Group in the third quarter valued at about $33,000. HM Payson & Co. increased its holdings in shares of Omnicom Group by 84.5% in the third quarter. HM Payson & Co. now owns 369 shares of the business services provider's stock valued at $38,000 after purchasing an additional 169 shares during the period. Finally, Trust Co. of Vermont increased its holdings in shares of Omnicom Group by 742.4% in the fourth quarter. Trust Co. of Vermont now owns 556 shares of the business services provider's stock valued at $48,000 after purchasing an additional 490 shares during the period. 91.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on OMC. JPMorgan Chase & Co. cut their price objective on Omnicom Group from $119.00 to $116.00 and set an "overweight" rating on the stock in a report on Monday, January 27th. Argus downgraded Omnicom Group from a "buy" rating to a "hold" rating in a research note on Friday. Wells Fargo & Company lowered their target price on Omnicom Group from $110.00 to $99.00 and set an "equal weight" rating on the stock in a research note on Tuesday, December 10th. Macquarie restated an "outperform" rating and issued a $120.00 target price on shares of Omnicom Group in a research note on Wednesday, December 11th. Finally, Barclays lowered their target price on Omnicom Group from $121.00 to $110.00 and set an "overweight" rating on the stock in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $108.25.

Omnicom Group Price Performance

OMC stock traded up $1.17 during mid-day trading on Tuesday, reaching $83.34. 3,028,609 shares of the company's stock were exchanged, compared to its average volume of 2,474,648. The company has a market cap of $16.38 billion, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 1.94 and a beta of 0.97. The stock's 50 day moving average is $86.08 and its 200 day moving average is $95.44. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.00 and a quick ratio of 0.86. Omnicom Group Inc. has a 12-month low of $80.31 and a 12-month high of $107.00.

Omnicom Group (NYSE:OMC - Get Free Report) last released its earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.03. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. During the same period in the prior year, the firm earned $2.20 EPS. On average, research analysts expect that Omnicom Group Inc. will post 8.32 EPS for the current year.

Omnicom Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 11th will be given a $0.70 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $2.80 annualized dividend and a dividend yield of 3.36%. Omnicom Group's dividend payout ratio (DPR) is presently 37.58%.

Omnicom Group Profile

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.