ManpowerGroup Inc. (NYSE:MAN) Shares Sold by LSV Asset Management

LSV Asset Management lessened its holdings in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,613,206 shares of the business services provider's stock after selling 60,227 shares during the period. LSV Asset Management owned 3.31% of ManpowerGroup worth $128,201,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MAN. CWM LLC grew its stake in shares of ManpowerGroup by 345.1% in the 3rd quarter. CWM LLC now owns 365 shares of the business services provider's stock valued at $27,000 after buying an additional 283 shares during the period. Venturi Wealth Management LLC grew its stake in shares of ManpowerGroup by 54.8% in the 4th quarter. Venturi Wealth Management LLC now owns 452 shares of the business services provider's stock valued at $36,000 after buying an additional 160 shares during the period. Exchange Traded Concepts LLC grew its stake in shares of ManpowerGroup by 19.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,011 shares of the business services provider's stock valued at $74,000 after buying an additional 162 shares during the period. Hexagon Capital Partners LLC grew its stake in shares of ManpowerGroup by 145.7% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,086 shares of the business services provider's stock valued at $86,000 after buying an additional 644 shares during the period. Finally, Covestor Ltd grew its stake in shares of ManpowerGroup by 8.0% in the 3rd quarter. Covestor Ltd now owns 2,578 shares of the business services provider's stock valued at $189,000 after buying an additional 190 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

ManpowerGroup Stock Down 0.8 %

MAN stock traded down $0.61 during midday trading on Friday, hitting $75.56. The company's stock had a trading volume of 319,395 shares, compared to its average volume of 412,294. The firm has a market capitalization of $3.66 billion, a P/E ratio of 77.90, a PEG ratio of 1.60 and a beta of 1.50. The firm has a 50-day simple moving average of $74.21 and a 200-day simple moving average of $74.59. ManpowerGroup Inc. has a 52-week low of $67.35 and a 52-week high of $88.91. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 0.44.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its quarterly earnings results on Thursday, April 18th. The business services provider reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. ManpowerGroup had a net margin of 0.27% and a return on equity of 11.45%. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same period last year, the business earned $1.61 EPS. ManpowerGroup's revenue for the quarter was down 7.3% compared to the same quarter last year. As a group, equities analysts forecast that ManpowerGroup Inc. will post 4.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MAN shares. JPMorgan Chase & Co. upped their price objective on shares of ManpowerGroup from $82.00 to $84.00 and gave the stock a "neutral" rating in a report on Friday, April 19th. BNP Paribas restated an "underperform" rating and issued a $70.00 price objective on shares of ManpowerGroup in a report on Friday, January 5th. Truist Financial upped their price objective on shares of ManpowerGroup from $75.00 to $78.00 and gave the stock a "hold" rating in a report on Wednesday, January 31st. StockNews.com lowered shares of ManpowerGroup from a "buy" rating to a "hold" rating in a report on Wednesday, January 31st. Finally, William Blair initiated coverage on shares of ManpowerGroup in a report on Monday, January 8th. They issued a "market perform" rating on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $83.00.

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.