Crossmark Global Holdings Inc. Has $1.98 Million Position in WPP plc (NYSE:WPP)

Crossmark Global Holdings Inc. increased its holdings in WPP plc (NYSE:WPP - Free Report) by 102.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,791 shares of the business services provider's stock after purchasing an additional 19,615 shares during the period. Crossmark Global Holdings Inc.'s holdings in WPP were worth $1,984,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in WPP. GAMMA Investing LLC lifted its holdings in shares of WPP by 45.3% in the 3rd quarter. GAMMA Investing LLC now owns 648 shares of the business services provider's stock valued at $33,000 after acquiring an additional 202 shares during the last quarter. Mezzasalma Advisors LLC boosted its holdings in WPP by 7.3% during the 3rd quarter. Mezzasalma Advisors LLC now owns 5,291 shares of the business services provider's stock valued at $271,000 after acquiring an additional 358 shares during the period. Aaron Wealth Advisors LLC boosted its holdings in WPP by 8.4% in the second quarter. Aaron Wealth Advisors LLC now owns 4,707 shares of the business services provider's stock valued at $215,000 after purchasing an additional 364 shares in the last quarter. Signaturefd LLC boosted its position in shares of WPP by 4.2% during the 2nd quarter. Signaturefd LLC now owns 9,504 shares of the business services provider's stock worth $435,000 after purchasing an additional 380 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position 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 during the last quarter. 4.34% of the stock is owned by hedge funds and other institutional investors.

WPP Stock Down 1.1 %

Shares of NYSE:WPP traded down $0.59 on Wednesday, reaching $52.16. 111,895 shares of the company traded hands, compared to its average volume of 159,499. The business's 50-day simple moving average is $51.23 and its 200 day simple moving average is $49.50. WPP plc has a 52 week low of $43.02 and a 52 week high of $55.74.

Analysts Set New Price Targets

Several research analysts have recently issued reports on WPP shares. StockNews.com cut WPP from a "buy" rating to a "hold" rating in a research note on Sunday. Citigroup raised shares of WPP to a "strong-buy" rating in a research note on Thursday, August 8th.

WPP 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.