Dynasty Wealth Management LLC Has $968,000 Stock Holdings in Omnicom Group Inc. (NYSE:OMC)

Dynasty Wealth Management LLC lowered its stake in Omnicom Group Inc. (NYSE:OMC) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,251 shares of the business services provider’s stock after selling 770 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Omnicom Group were worth $968,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. ST Germain D J Co. Inc. acquired a new position in shares of Omnicom Group during the 4th quarter worth approximately $25,000. Versant Capital Management Inc increased its holdings 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 buying an additional 271 shares during the last quarter. Venturi Wealth Management LLC raised its position in Omnicom Group by 146.6% during the fourth quarter. Venturi Wealth Management LLC now owns 328 shares of the business services provider’s stock worth $28,000 after acquiring an additional 195 shares in the last quarter. HM Payson & Co. raised its position in Omnicom Group by 84.5% during the third quarter. HM Payson & Co. now owns 369 shares of the business services provider’s stock worth $38,000 after acquiring an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont lifted its stake in Omnicom Group by 742.4% in the fourth quarter. Trust Co. of Vermont now owns 556 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 490 shares during the last quarter. Institutional investors own 91.97% of the company’s stock.

Omnicom Group Price Performance

Shares of NYSE OMC opened at $82.75 on Friday. The firm has a market cap of $16.26 billion, a P/E ratio of 11.11, a price-to-earnings-growth ratio of 1.94 and a beta of 0.97. The business’s 50 day moving average is $84.86 and its 200-day moving average is $94.83. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. Omnicom Group Inc. has a 1-year low of $80.31 and a 1-year high of $107.00.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings data on Tuesday, February 4th. The business services provider reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.03. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. During the same period last year, the business posted $2.20 EPS. Equities research analysts predict that Omnicom Group Inc. will post 8.25 earnings per share for the current year.

Omnicom Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 11th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Tuesday, March 11th. Omnicom Group’s dividend payout ratio is 37.58%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on OMC. Argus lowered shares of Omnicom Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Barclays lowered their price target on Omnicom Group from $121.00 to $110.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. JPMorgan Chase & Co. cut their price objective on Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Macquarie reissued an “outperform” rating and set a $120.00 target price on shares of Omnicom Group in a report on Wednesday, December 11th. Finally, Wells Fargo & Company dropped their price target on Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Omnicom Group has a consensus 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.