Robeco Institutional Asset Management B.V. Grows Stake in Omnicom Group Inc. (NYSE:OMC)

Robeco Institutional Asset Management B.V. lifted its stake in Omnicom Group Inc. (NYSE:OMC - Free Report) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,695 shares of the business services provider's stock after buying an additional 4,920 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Omnicom Group were worth $3,587,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. World Investment Advisors LLC grew its position in Omnicom Group by 209.7% in the third quarter. World Investment Advisors LLC now owns 26,311 shares of the business services provider's stock valued at $2,720,000 after acquiring an additional 17,815 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Omnicom Group during the 3rd quarter valued at $713,000. Thrivent Financial for Lutherans increased its stake in Omnicom Group by 40.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 29,750 shares of the business services provider's stock worth $3,077,000 after buying an additional 8,643 shares during the period. Assetmark Inc. boosted its position in Omnicom Group by 2.0% in the 3rd quarter. Assetmark Inc. now owns 489,039 shares of the business services provider's stock valued at $50,562,000 after buying an additional 9,774 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. grew its stake in shares of Omnicom Group by 569.2% during the third quarter. Transamerica Financial Advisors Inc. now owns 10,881 shares of the business services provider's stock valued at $1,125,000 after acquiring an additional 9,255 shares in the last quarter. Institutional investors and hedge funds own 91.97% of the company's stock.

Omnicom Group Price Performance

OMC opened at $86.63 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 1.37. The company's 50-day moving average price is $90.36 and its 200 day moving average price is $96.20. Omnicom Group Inc. has a fifty-two week low of $81.42 and a fifty-two week high of $107.00. The firm has a market cap of $16.90 billion, a price-to-earnings ratio of 11.83, a price-to-earnings-growth ratio of 1.90 and a beta of 0.98.

Omnicom Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 20th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $2.80 dividend on an annualized basis and a yield of 3.23%. Omnicom Group's dividend payout ratio is currently 38.25%.

Analysts Set New Price Targets

A number of research analysts recently commented on OMC shares. Barclays reduced their price target on Omnicom Group from $121.00 to $110.00 and set an "overweight" rating for the company in a report on Friday, January 24th. Wells Fargo & Company decreased their price target on shares of Omnicom Group from $110.00 to $99.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 10th. UBS Group upped their price target on shares of Omnicom Group from $120.00 to $124.00 and gave the company a "buy" rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. dropped their target price on shares of Omnicom Group from $119.00 to $116.00 and set an "overweight" rating for the company in a research report on Monday, January 27th. Finally, Macquarie reaffirmed an "outperform" rating and set a $120.00 price target on shares of Omnicom Group in a research report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $108.25.

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.

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