Omnicom Group (OMC) Receiving Somewhat Favorable News Coverage, Study Finds

Modesto Morganelli
Novembre 15, 2017

The firm owned 301,059 shares of the business services provider's stock after selling 57,415 shares during the quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Omnicom Group Inc. now has a P/CF ratio of 10.774739. Security National Bank of Sioux City Iowa IA now owns 11,858 shares of the business services provider's stock valued at $983,000 after purchasing an additional 35 shares in the last quarter. Longview Partners Guernsey LTD grew its holdings in shares of Omnicom Group by 41.3% in the third quarter. WMS Partners LLC now owns 4,650 shares of the business services provider's stock valued at $385,000 after purchasing an additional 55 shares in the last quarter. Westpac Banking Corp grew its holdings in shares of Omnicom Group by 3.6% in the third quarter. Jensen Investment Management Inc. now owns 3,498,755 shares of the business services provider's stock valued at $290,047,000 after buying an additional 354,285 shares in the last quarter.

Omnicom Group Inc is a holding company. Conning Inc. now owns 367,995 shares of the business services provider's stock worth $27,257,000 after purchasing an additional 44,257 shares during the last quarter. Finally, Comgest Global Investors S.A.S. lifted its position in shares of Omnicom Group by 2.2% in the second quarter. Security National Bank of SO Dak now owns 9,959 shares of the business services provider's stock valued at $825,000 after purchasing an additional 100 shares in the last quarter.

Several brokerages have commented on OMC. Omnicom Group Inc. (NYSE:OMC) presently has a 10 month price index of 0.80866. Zacks Investment Research cut Omnicom Group from a "hold" rating to a "sell" rating in a research note on Tuesday, October 10th. BidaskClub downgraded shares of Omnicom Group from a "sell" rating to a "strong sell" rating in a report on Tuesday, August 1st. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of "Hold" and a consensus price target of $84.00. "(OMC)" was originally posted by Week Herald and is the property of of Week Herald. If you are viewing this news story on another website, it was copied illegally and reposted in violation of USA & global trademark and copyright law. The correct version of this report can be accessed at https://weekherald.com/2017/11/14/new-york-state-teachers-retirement-system-has-26-17-million-position-in-omnicom-group-inc-omc.html.

In other news, Director Linda Johnson Rice sold 489 shares of the stock in a transaction on Thursday, October 19th. The stock was sold at an average price of $74.32, for a total value of $36,342.48.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Td Asset Management Inc now controls 92,369 shares worth $6,842,000. (NYSE OMC) traded up $0.37 on Tuesday, hitting $67.92.

Fortinet, Inc. (NASDAQ:FTNT) posting a 1.03% after which it closed the day' session at $40.35 and the company has experienced volume of 1,776,342 shares while on average the company has a capacity of trading 1.31M share while its relative trading volume is 1.35. The Return on Assets for Omnicom Group Inc. The stock has a market cap of $15,572.48, a PE ratio of 13.59, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22. (NYSE:OMC) is 0.229079. Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two.

Omnicom Group (NYSE:OMC) last posted its earnings results on Tuesday, October 17th. The business services provider reported $1.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.10 by $0.03. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.69 billion. Omnicom Group had a return on equity of 42.11% and a net margin of 7.72%. During the same period a year ago, the business earned $1.06 EPS.

Looking at some ROIC (Return on Invested Capital) numbers, Omnicom Group Inc.

In terms of EBITDA Yield, Omnicom Group Inc. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. The Company's branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications.

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