13,002 Shares in ManpowerGroup Inc. (NYSE:MAN) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,002 shares of the business services provider's stock, valued at approximately $750,000.

A number of other large investors have also recently made changes to their positions in the business. KLP Kapitalforvaltning AS acquired a new stake in shares of ManpowerGroup in the 4th quarter worth about $975,000. AXQ Capital LP bought a new stake in ManpowerGroup during the 4th quarter worth approximately $812,000. American Century Companies Inc. raised its stake in shares of ManpowerGroup by 104.4% in the fourth quarter. American Century Companies Inc. now owns 38,055 shares of the business services provider's stock worth $2,197,000 after purchasing an additional 19,434 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of ManpowerGroup by 772.6% in the fourth quarter. Quantbot Technologies LP now owns 93,995 shares of the business services provider's stock valued at $5,425,000 after purchasing an additional 83,223 shares in the last quarter. Finally, Sciencast Management LP purchased a new position in shares of ManpowerGroup during the fourth quarter valued at approximately $237,000. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Price Performance

NYSE MAN traded down $0.59 during trading hours on Friday, hitting $58.75. The company had a trading volume of 450,068 shares, compared to its average volume of 563,527. 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 firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 19.65 and a beta of 1.43. ManpowerGroup Inc. has a 52 week low of $53.31 and a 52 week high of $78.87. The firm has a 50 day simple moving average of $58.26 and a 200 day simple moving average of $62.10.

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Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on MAN shares. Barclays dropped their price objective on ManpowerGroup from $70.00 to $55.00 and set an "underweight" rating on the stock in a research note on Friday, January 3rd. 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. UBS Group dropped their target price on shares of ManpowerGroup from $71.00 to $63.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Finally, JPMorgan Chase & Co. decreased their price target on shares of ManpowerGroup from $67.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $69.33.

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.