TFG Advisers LLC Acquires 479 Shares of Omnicom Group Inc. (NYSE:OMC)

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

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

Omnicom Group Price Performance

OMC stock opened at $83.76 on Friday. The stock has a 50-day moving average price of $88.88 and a two-hundred day moving average price of $96.01. Omnicom Group Inc. has a 1 year low of $81.42 and a 1 year high of $107.00. The stock has a market cap of $16.46 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 1.89 and a beta of 0.97. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.37.

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

Omnicom Group Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on OMC. Macquarie reiterated an “outperform” rating and issued a $120.00 price target on shares of Omnicom Group in a research report on Wednesday, December 11th. Wells Fargo & Company cut their target price on shares of Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. UBS Group boosted their price target on shares of 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. dropped their price objective on Omnicom Group from $119.00 to $116.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Finally, Barclays decreased their target price on Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Omnicom Group has a consensus rating of “Moderate Buy” and an average price target of $108.25.

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.