Quantinno Capital Management LP increased its stake in WPP plc (NYSE:WPP - Free Report) by 66.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,950 shares of the business services provider's stock after purchasing an additional 13,912 shares during the period. Quantinno Capital Management LP's holdings in WPP were worth $1,788,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in WPP by 45.3% in the 3rd quarter. GAMMA Investing LLC now owns 648 shares of the business services provider's stock worth $33,000 after purchasing an additional 202 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in WPP by 0.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 35,068 shares of the business services provider's stock valued at $1,794,000 after acquiring an additional 303 shares during the period. Caprock Group LLC lifted its stake in WPP by 5.0% during the 3rd quarter. Caprock Group LLC now owns 6,535 shares of the business services provider's stock valued at $334,000 after acquiring an additional 313 shares during the period. Mezzasalma Advisors LLC lifted its stake 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. Finally, Aaron Wealth Advisors LLC lifted its stake 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 valued at $215,000 after acquiring an additional 364 shares during the period. 4.34% of the stock is currently owned by institutional investors and hedge funds.
WPP Price Performance
Shares of NYSE:WPP traded down $0.35 during trading on Thursday, hitting $56.02. 89,766 shares of the stock traded hands, compared to its average volume of 161,250. The company has a fifty day moving average price of $52.81 and a two-hundred day moving average price of $49.73. WPP plc has a 52-week low of $43.02 and a 52-week high of $57.37.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of WPP from a "buy" rating to a "hold" rating in a research note on Monday, November 18th.
Check Out Our Latest Stock Report on WPP
WPP Company Profile
(
Free Report)
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.
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