Omnicom Group Inc. (NYSE:OMC) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group decreased its stake in shares of Omnicom Group Inc. (NYSE:OMC - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 325,233 shares of the business services provider's stock after selling 6,723 shares during the quarter. Schroder Investment Management Group owned approximately 0.17% of Omnicom Group worth $27,983,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. World Investment Advisors LLC increased its stake in shares of Omnicom Group by 209.7% during the third quarter. World Investment Advisors LLC now owns 26,311 shares of the business services provider's stock worth $2,720,000 after buying an additional 17,815 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in shares of Omnicom Group in the 3rd quarter valued at approximately $713,000. Franklin Resources Inc. increased its position in shares of Omnicom Group by 19.7% in the 3rd quarter. Franklin Resources Inc. now owns 231,068 shares of the business services provider's stock valued at $23,860,000 after purchasing an additional 38,022 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Omnicom Group by 15.4% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 376,701 shares of the business services provider's stock valued at $32,411,000 after purchasing an additional 50,153 shares in the last quarter. Finally, Hilltop Holdings Inc. lifted its position in shares of Omnicom Group by 35.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 19,598 shares of the business services provider's stock worth $2,026,000 after purchasing an additional 5,156 shares during the last quarter. Institutional investors and hedge funds own 91.97% of the company's stock.

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Omnicom Group Stock Performance

NYSE OMC traded down $1.05 on Monday, reaching $71.54. The stock had a trading volume of 3,892,380 shares, compared to its average volume of 2,104,167. The stock has a market cap of $14.06 billion, a P/E ratio of 9.60, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87. Omnicom Group Inc. has a 12-month low of $69.84 and a 12-month high of $107.00. The business's 50-day moving average price is $82.08 and its 200 day moving average price is $91.39. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.00.

Omnicom Group (NYSE:OMC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The business services provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.03. Omnicom Group had a net margin of 9.44% and a return on equity of 36.39%. During the same quarter in the prior year, the company posted $2.20 EPS. As a group, equities analysts expect that Omnicom Group Inc. will post 8.25 earnings per share for the current year.

Omnicom Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 11th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Tuesday, March 11th. Omnicom Group's dividend payout ratio (DPR) is presently 37.58%.

Wall Street Analyst Weigh In

OMC has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on Omnicom Group from $110.00 to $99.00 and set an "equal weight" rating on the stock in a report on Tuesday, December 10th. JPMorgan Chase & Co. dropped 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 cut Omnicom Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Macquarie reaffirmed an "outperform" rating and issued a $120.00 price target on shares of Omnicom Group in a report on Wednesday, December 11th. Finally, UBS Group cut their price objective on shares of Omnicom Group from $117.00 to $104.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Omnicom Group currently has a consensus rating of "Hold" and a consensus price target of $104.43.

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.