XTX Topco Ltd Makes New $1.06 Million Investment in ManpowerGroup Inc. (NYSE:MAN)

XTX Topco Ltd bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,375 shares of the business services provider's stock, valued at approximately $1,061,000.

A number of other institutional investors also recently modified their holdings of MAN. Barclays PLC increased its holdings in shares of ManpowerGroup by 62.9% during the third quarter. Barclays PLC now owns 154,886 shares of the business services provider's stock worth $11,387,000 after buying an additional 59,821 shares in the last quarter. Geode Capital Management LLC increased its holdings in ManpowerGroup by 0.5% in the third quarter. Geode Capital Management LLC now owns 794,704 shares of the business services provider's stock worth $58,444,000 after purchasing an additional 4,113 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of ManpowerGroup during the 3rd quarter valued at $664,000. Sanctuary Advisors LLC increased its position in ManpowerGroup by 39.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 7,754 shares of the business services provider's stock valued at $570,000 after buying an additional 2,208 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of ManpowerGroup during the third quarter worth approximately $207,000. Institutional investors and hedge funds own 98.03% of the company's stock.

Analysts Set New Price Targets

MAN has been the subject of several recent research reports. Barclays upgraded ManpowerGroup from an "underweight" rating to an "equal weight" rating and decreased their price target for the stock from $55.00 to $50.00 in a report on Thursday, April 10th. BMO Capital Markets dropped their price target on ManpowerGroup from $54.00 to $48.00 and set a "market perform" rating on the stock in a research report on Monday. Truist Financial dropped their price target on shares of ManpowerGroup from $70.00 to $55.00 and set a "hold" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. lowered their price target on shares of ManpowerGroup from $67.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, UBS Group reduced their target price on ManpowerGroup from $63.00 to $57.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, ManpowerGroup presently has an average rating of "Hold" and a consensus price target of $61.17.

ManpowerGroup Stock Down 0.7 %

Shares of NYSE:MAN traded down $0.29 during midday trading on Monday, reaching $39.79. The company's stock had a trading volume of 405,624 shares, compared to its average volume of 593,488. ManpowerGroup Inc. has a 12-month low of $39.32 and a 12-month high of $78.87. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $55.49 and a 200-day moving average of $59.49. The firm has a market capitalization of $1.86 billion, a P/E ratio of 13.31 and a beta of 1.28.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The business services provider reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.08). The company had revenue of $698.30 million during the quarter, compared to the consensus estimate of $3.94 billion. ManpowerGroup had a return on equity of 10.19% and a net margin of 0.81%. During the same quarter in the prior year, the firm earned $0.94 earnings per share. On average, research analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

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.