Omnicom Group Inc (NYSE:OMC) Shifting Institutional Investors Sentiment

October 11, 2018 - By Ash

Omnicom Group Inc. (NYSE:OMC) Logo

Sentiment for Omnicom Group Inc (NYSE:OMC)

Omnicom Group Inc (NYSE:OMC) institutional sentiment increased to 1 in 2018 Q2. Its up 0.15, from 0.85 in 2018Q1. The ratio is better, as 252 institutional investors opened new and increased equity positions, while 253 reduced and sold their stock positions in Omnicom Group Inc. The institutional investors in our partner’s database reported: 231.12 million shares, up from 228.18 million shares in 2018Q1. Also, the number of institutional investors holding Omnicom Group Inc in their top 10 equity positions increased from 10 to 13 for an increase of 3. Sold All: 32 Reduced: 221 Increased: 182 New Position: 70.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company has market cap of $15.60 billion. The firm offers a range of services in the areas of advertising, customer relationship management, or CRM, public relations, and specialty communications. It has a 14.03 P/E ratio. The Company’s services comprise advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, environmental design, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare communications, and instore design services.

The stock decreased 0.06% or $0.04 during the last trading session, reaching $69.53. About 109,626 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 5.40% since October 11, 2017 and is downtrending. It has underperformed by 21.02% the S&P500.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on October, 16. They expect $1.21 EPS, up 7.08 % or $0.08 from last year’s $1.13 per share. OMC’s profit will be $271.50M for 14.37 P/E if the $1.21 EPS becomes a reality. After $1.60 actual EPS reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts -24.38 % negative EPS growth.

Fort L.P. holds 5.05% of its portfolio in Omnicom Group Inc. for 280,217 shares. Clark Estates Inc Ny owns 343,100 shares or 3.91% of their US portfolio. Moreover, Coho Partners Ltd. has 3.6% invested in the company for 1.92 million shares. The Oregon-based Jensen Investment Management Inc has invested 3.16% in the stock. Kiltearn Partners Llp, a United Kingdom-based fund reported 1.82 million shares.

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $77,721 activity.

Omnicom Group Inc. (NYSE:OMC) Ratings Coverage

Ratings analysis reveals 0 of Omnicom Group’s analysts are positive. Out of 4 Wall Street analysts rating Omnicom Group, 0 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $73 while the high is $75. The stock’s average target of $74 is 6.43% above today’s ($69.53) share price. OMC was included in 4 notes of analysts from May 23, 2018. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, May 23. The firm has “Market Perform” rating given on Wednesday, July 18 by Wells Fargo. Argus Research downgraded the shares of OMC in report on Monday, July 23 to “Hold” rating.

More recent Omnicom Group Inc. (NYSE:OMC) news were published by: Seekingalpha.com which released: “Why Omnicom Is More Attractive Than WPP” on September 26, 2018. Also Seekingalpha.com published the news titled: “FBI contacts trade group in ad industry media-buying probe” on October 10, 2018. Prnewswire.com‘s news article titled: “The ICON Digital Department is Expanding” with publication date: October 10, 2018 was also an interesting one.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart

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