Personal CFO Solutions LLC Makes New Investment in Omnicom Group Inc. (NYSE:OMC)

Personal CFO Solutions LLC acquired a new stake in Omnicom Group Inc. (NYSE:OMC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,534 shares of the business services provider’s stock, valued at approximately $648,000.

A number of other hedge funds have also modified their holdings of OMC. Amundi lifted its stake in Omnicom Group by 4.5% during the 4th quarter. Amundi now owns 1,693,256 shares of the business services provider’s stock valued at $144,603,000 after acquiring an additional 72,924 shares during the period. Larson Financial Group LLC raised its holdings in shares of Omnicom Group by 6.4% during the fourth quarter. Larson Financial Group LLC now owns 8,684 shares of the business services provider’s stock worth $747,000 after purchasing an additional 523 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Omnicom Group during the fourth quarter valued at $76,000. Machina Capital S.A.S. boosted its holdings in Omnicom Group by 97.5% in the fourth quarter. Machina Capital S.A.S. now owns 6,514 shares of the business services provider’s stock valued at $560,000 after purchasing an additional 3,215 shares during the last quarter. Finally, Callan Family Office LLC purchased a new stake in Omnicom Group in the fourth quarter valued at $306,000. 91.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on OMC. Macquarie restated an “outperform” rating and issued a $120.00 target price on shares of Omnicom Group in a research note on Wednesday, December 11th. Wells Fargo & Company decreased their price target on Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Argus cut shares of Omnicom Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. decreased their target price on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Finally, Barclays lowered their price target on shares of Omnicom Group from $121.00 to $110.00 and set an “overweight” rating on the stock in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.25.

Omnicom Group Price Performance

Omnicom Group stock opened at $84.90 on Monday. The stock has a market capitalization of $16.68 billion, a P/E ratio of 11.40, a P/E/G ratio of 1.94 and a beta of 0.98. The company’s fifty day moving average price is $84.42 and its 200 day moving average price is $94.33. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.00. Omnicom Group Inc. has a 1 year low of $79.57 and a 1 year high of $107.00.

Omnicom Group (NYSE:OMC) last announced its earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.03. Omnicom Group had a net margin of 9.44% and a return on equity of 36.39%. During the same period last year, the business earned $2.20 EPS. As a group, equities research analysts anticipate that Omnicom Group Inc. will post 8.25 earnings per share for the current fiscal year.

Omnicom Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 11th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $2.80 annualized dividend and a yield of 3.30%. Omnicom Group’s dividend payout ratio (DPR) is currently 37.58%.

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.