Universal Beteiligungs und Servicegesellschaft mbH Invests $12.85 Million in Omnicom Group Inc. (NYSE:OMC)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Omnicom Group Inc. (NYSE:OMC - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 149,324 shares of the business services provider's stock, valued at approximately $12,848,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Omnicom Group at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of OMC. Massachusetts Financial Services Co. MA grew its holdings in Omnicom Group by 50.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,973,061 shares of the business services provider's stock worth $513,922,000 after acquiring an additional 1,992,695 shares during the period. Castlekeep Investment Advisors LLC acquired a new stake in Omnicom Group during the 4th quarter worth about $150,819,000. FMR LLC grew its holdings in Omnicom Group by 250.1% during the 4th quarter. FMR LLC now owns 2,010,547 shares of the business services provider's stock worth $172,987,000 after acquiring an additional 1,436,231 shares during the period. JPMorgan Chase & Co. grew its holdings in Omnicom Group by 91.8% during the 4th quarter. JPMorgan Chase & Co. now owns 2,147,019 shares of the business services provider's stock worth $184,730,000 after acquiring an additional 1,027,567 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Omnicom Group during the 4th quarter worth about $79,321,000. 91.97% of the stock is currently owned by institutional investors and hedge funds.

Omnicom Group Stock Down 3.7%

NYSE OMC traded down $2.73 during trading hours on Monday, hitting $70.71. The company's stock had a trading volume of 4,125,918 shares, compared to its average volume of 2,307,445. Omnicom Group Inc. has a 52 week low of $69.13 and a 52 week high of $107.00. The company's 50-day simple moving average is $75.51 and its two-hundred day simple moving average is $83.52. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $13.80 billion, a PE ratio of 9.49, a price-to-earnings-growth ratio of 1.94 and a beta of 0.95.

Omnicom Group (NYSE:OMC - Get Free Report) last posted its earnings results on Tuesday, April 15th. The business services provider reported $1.70 EPS for the quarter, topping the consensus estimate of $1.63 by $0.07. Omnicom Group had a net margin of 9.44% and a return on equity of 36.39%. The firm had revenue of $3.69 billion for the quarter, compared to analysts' expectations of $3.73 billion. Research analysts anticipate that Omnicom Group Inc. will post 8.25 EPS for the current fiscal year.

Omnicom Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 10th will be given a dividend of $0.70 per share. The ex-dividend date is Tuesday, June 10th. This represents a $2.80 annualized dividend and a dividend yield of 3.96%. Omnicom Group's dividend payout ratio is currently 38.30%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. 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 research report on Thursday, March 20th. JPMorgan Chase & Co. cut their price objective on shares of Omnicom Group from $116.00 to $104.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Argus cut shares of Omnicom Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Barclays cut their price objective on shares of Omnicom Group from $110.00 to $105.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Citigroup reissued a "buy" rating and set a $103.00 price objective on shares of Omnicom Group in a research report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Omnicom Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $101.29.

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.