Susquehanna Fundamental Investments LLC Buys Shares of 67,440 Omnicom Group Inc. (NYSE:OMC)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Omnicom Group Inc. (NYSE:OMC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 67,440 shares of the business services provider's stock, valued at approximately $5,803,000.

Other large investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA increased its stake in shares of Omnicom Group by 50.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,973,061 shares of the business services provider's stock valued at $513,922,000 after purchasing an additional 1,992,695 shares during the period. FMR LLC grew its holdings in Omnicom Group by 250.1% in the 4th quarter. FMR LLC now owns 2,010,547 shares of the business services provider's stock worth $172,987,000 after buying an additional 1,436,231 shares in the last quarter. JPMorgan Chase & Co. increased its position in Omnicom Group by 91.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,147,019 shares of the business services provider's stock valued at $184,730,000 after acquiring an additional 1,027,567 shares during the period. Raymond James Financial Inc. bought a new stake in Omnicom Group during the 4th quarter valued at $79,321,000. Finally, First Trust Advisors LP boosted its position in Omnicom Group by 23.8% during the 4th quarter. First Trust Advisors LP now owns 3,882,800 shares of the business services provider's stock worth $334,076,000 after acquiring an additional 747,575 shares during the period. Institutional investors and hedge funds own 91.97% of the company's stock.

Omnicom Group Trading Up 1.7 %

Shares of Omnicom Group stock traded up $1.29 on Friday, reaching $77.04. 2,636,986 shares of the company were exchanged, compared to its average volume of 2,220,466. Omnicom Group Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $107.00. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87. 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 stock has a fifty day moving average price of $78.02 and a 200-day moving average price of $87.48.

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

Omnicom Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 11th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date was Tuesday, March 11th. Omnicom Group's dividend payout ratio is 38.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on OMC shares. 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 note on Wednesday, April 16th. Barclays decreased their price objective on shares of Omnicom Group from $110.00 to $105.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Argus cut Omnicom Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Citigroup reaffirmed a "buy" rating and set a $103.00 price target on shares of Omnicom Group in a research note on Tuesday, April 15th. Finally, Wells Fargo & Company dropped their price objective on Omnicom Group from $99.00 to $84.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $101.29.

About Omnicom Group

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.