News articles about Interpublic Group of Companies, Inc. (The) (NYSE:IPG) have been trending positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Interpublic Group of Companies, Inc. (The) earned a daily sentiment score of 0.43 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.1803909437764 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

A number of brokerages have commented on IPG. Pivotal Research upgraded shares of Interpublic Group of Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Monday, August 14th. Jefferies Group LLC reiterated a “buy” rating and set a $27.00 price target on shares of Interpublic Group of Companies, Inc. (The) in a research report on Monday, June 26th. Argus reduced their price target on shares of Interpublic Group of Companies, Inc. (The) from $28.00 to $27.00 and set a “buy” rating on the stock in a research report on Wednesday, July 26th. Morgan Stanley reiterated an “equal weight” rating and set a $24.00 price target (down from $26.00) on shares of Interpublic Group of Companies, Inc. (The) in a research report on Wednesday, July 26th. Finally, Telsey Advisory Group reduced their price target on shares of Interpublic Group of Companies, Inc. (The) from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.07.

Shares of Interpublic Group of Companies, Inc. (NYSE:IPG) traded up 1.05% during mid-day trading on Friday, reaching $20.20. The company had a trading volume of 6,046,212 shares. Interpublic Group of Companies, Inc. has a 1-year low of $19.57 and a 1-year high of $25.71. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 14.54 and a beta of 1.53. The firm has a 50-day moving average price of $22.35 and a 200-day moving average price of $23.88. Interpublic Group of Companies, Inc. (The) also saw some unusual options trading on Thursday. Traders bought 11,188 call options on the company. This represents an increase of approximately 1,648% compared to the average volume of 640 call options.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG) last posted its earnings results on Tuesday, July 25th. The business services provider reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.07. Interpublic Group of Companies, Inc. (The) had a net margin of 7.19% and a return on equity of 27.72%. The business had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. Interpublic Group of Companies, Inc. (The)’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts expect that Interpublic Group of Companies, Inc. will post $1.43 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.56%. Interpublic Group of Companies, Inc. (The)’s payout ratio is presently 51.80%.

In other news, SVP Ellen Tobi Johnson sold 20,000 shares of Interpublic Group of Companies, Inc. (The) stock in a transaction on Monday, August 21st. The stock was sold at an average price of $20.50, for a total value of $410,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Julie Connors sold 5,854 shares of Interpublic Group of Companies, Inc. (The) stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $24.26, for a total value of $142,018.04. Following the completion of the sale, the senior vice president now directly owns 10,592 shares of the company’s stock, valued at $256,961.92. The disclosure for this sale can be found here. Insiders own 1.49% of the company’s stock.

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Interpublic Group of Companies, Inc. (The) Company Profile

The Interpublic Group of Companies, Inc is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).

Insider Buying and Selling by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)

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