Omnicom Group Inc. $OMC Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Omnicom Group Inc. (NYSE:OMC - Free Report) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 237,896 shares of the business services provider's stock after buying an additional 17,269 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Omnicom Group worth $19,221,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Bayforest Capital Ltd purchased a new position in shares of Omnicom Group in the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its stake in shares of Omnicom Group by 2,126.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 334 shares of the business services provider's stock valued at $27,000 after purchasing an additional 319 shares during the last quarter. Meeder Asset Management Inc. grew its stake in shares of Omnicom Group by 289.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 366 shares of the business services provider's stock valued at $30,000 after purchasing an additional 272 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Omnicom Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 404 shares of the business services provider's stock valued at $31,000 after purchasing an additional 202 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Omnicom Group in the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 91.97% of the company's stock.

Wall Street Analyst Weigh In

OMC has been the topic of several analyst reports. Citigroup lifted their target price on Omnicom Group from $103.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, February 20th. Argus upgraded Omnicom Group to a "hold" rating in a research note on Thursday, March 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of Omnicom Group in a research note on Thursday, January 22nd. UBS Group lifted their target price on Omnicom Group from $108.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, March 20th. Finally, Bank of America restated an "underperform" rating and issued a $77.00 price target (down from $87.00) on shares of Omnicom Group in a research note on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $95.86.

Omnicom Group Stock Down 1.4%

OMC opened at $75.73 on Friday. The business's fifty day moving average is $78.02 and its two-hundred day moving average is $76.87. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.81 and a current ratio of 0.93. The company has a market cap of $21.58 billion, a price-to-earnings ratio of 154.54, a PEG ratio of 0.59 and a beta of 0.73. Omnicom Group Inc. has a one year low of $66.33 and a one year high of $87.17.

Omnicom Group (NYSE:OMC - Get Free Report) last posted its earnings results on Wednesday, February 18th. The business services provider reported $2.59 EPS for the quarter, missing analysts' consensus estimates of $2.94 by ($0.35). The firm had revenue of $5.53 billion for the quarter, compared to analysts' expectations of $7.58 billion. Omnicom Group had a positive return on equity of 25.65% and a negative net margin of 0.32%.The firm's revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.41 earnings per share. Analysts anticipate that Omnicom Group Inc. will post 10.92 EPS for the current fiscal year.

Omnicom Group declared that its board has authorized a share buyback program on Wednesday, February 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the business services provider to repurchase up to 38.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Omnicom Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 11th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, March 11th. Omnicom Group's payout ratio is 653.06%.

Omnicom Group Profile

Omnicom Group Inc NYSE: OMC is a global marketing and corporate communications holding company headquartered in New York City. Founded in 1986 through the merger of the BBDO, DDB and Needham Harper agencies, Omnicom has built a portfolio of leading brands and networks serving clients across diverse industries.

The company's primary business activities encompass advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations, and customer relationship management.

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