TFG Advisers LLC Has $1.12 Million Stake in Omnicom Group Inc. (NYSE:OMC)

TFG Advisers LLC boosted its holdings in shares of Omnicom Group Inc. (NYSE:OMC) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,005 shares of the business services provider’s stock after buying an additional 479 shares during the period. TFG Advisers LLC’s holdings in Omnicom Group were worth $1,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. ST Germain D J Co. Inc. acquired a new stake in shares of Omnicom Group during the 4th quarter valued at about $25,000. Versant Capital Management Inc lifted its stake in Omnicom Group by 645.2% during the fourth quarter. Versant Capital Management Inc now owns 313 shares of the business services provider’s stock worth $27,000 after purchasing an additional 271 shares during the period. Northwest Investment Counselors LLC bought a new position in Omnicom Group during the third quarter worth about $33,000. HM Payson & Co. boosted its holdings in Omnicom Group by 84.5% during the third quarter. HM Payson & Co. now owns 369 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 169 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Omnicom Group in the 3rd quarter valued at approximately $55,000. Institutional investors own 91.97% of the company’s stock.

Omnicom Group Stock Down 0.6 %

Shares of NYSE:OMC opened at $83.76 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 1.37. The firm has a market cap of $16.46 billion, a P/E ratio of 11.44, a P/E/G ratio of 1.89 and a beta of 0.97. Omnicom Group Inc. has a 12 month low of $81.42 and a 12 month high of $107.00. The company’s 50-day moving average price is $88.88 and its two-hundred day moving average price is $96.01.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.03. Omnicom Group had a net margin of 9.45% and a return on equity of 36.59%. During the same period last year, the company earned $2.20 earnings per share. As a group, research analysts forecast that Omnicom Group Inc. will post 7.99 EPS for the current fiscal year.

Omnicom Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 20th were given a dividend of $0.70 per share. The ex-dividend date was Friday, December 20th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.34%. Omnicom Group’s payout ratio is currently 37.58%.

Wall Street Analysts Forecast Growth

OMC has been the subject of several analyst reports. Wells Fargo & Company cut their target price on Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. UBS Group lifted their price objective on Omnicom Group from $120.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. lowered their target price on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Barclays cut their price target on shares of Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Finally, Macquarie reaffirmed an “outperform” rating and set a $120.00 price objective on shares of Omnicom Group in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Omnicom Group currently has an average rating of “Moderate Buy” and an average price target of $108.25.

Omnicom Group Company 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.