Barings LLC held its position in shares of ManpowerGroup (NYSE:MAN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,300 shares of the business services provider’s stock at the end of the 2nd quarter. Barings LLC’s holdings in ManpowerGroup were worth $2,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of the business. Synovus Financial Corp lifted its stake in ManpowerGroup by 0.3% in the second quarter. Synovus Financial Corp now owns 3,273 shares of the business services provider’s stock worth $360,000 after purchasing an additional 9 shares during the last quarter. Gateway Investment Advisers LLC lifted its stake in ManpowerGroup by 0.3% in the second quarter. Gateway Investment Advisers LLC now owns 17,669 shares of the business services provider’s stock worth $1,973,000 after purchasing an additional 46 shares during the last quarter. Global X Management Co. LLC lifted its stake in ManpowerGroup by 2.1% in the second quarter. Global X Management Co. LLC now owns 2,860 shares of the business services provider’s stock worth $319,000 after purchasing an additional 59 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its stake in ManpowerGroup by 0.9% in the first quarter. Kovitz Investment Group Partners LLC now owns 7,365 shares of the business services provider’s stock worth $755,000 after purchasing an additional 65 shares during the last quarter. Finally, Horizon Investment Services LLC lifted its stake in ManpowerGroup by 3.3% in the first quarter. Horizon Investment Services LLC now owns 2,969 shares of the business services provider’s stock worth $305,000 after purchasing an additional 95 shares during the last quarter. 93.71% of the stock is owned by institutional investors and hedge funds.

Several research firms have weighed in on MAN. BMO Capital Markets boosted their price target on shares of ManpowerGroup from $124.00 to $132.00 and gave the stock an “outperform” rating in a research note on Monday. Royal Bank Of Canada downgraded shares of ManpowerGroup from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 28th. BidaskClub raised shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Zacks Investment Research downgraded shares of ManpowerGroup from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, Northcoast Research reaffirmed a “neutral” rating on shares of ManpowerGroup in a research note on Monday, July 17th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. ManpowerGroup has an average rating of “Hold” and an average price target of $111.20.

In other news, Director Ulice Payne, Jr. sold 2,100 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $107.94, for a total value of $226,674.00. Following the completion of the sale, the director now owns 11,136 shares in the company, valued at approximately $1,202,019.84. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Sriram Chandrashekar sold 19,912 shares of the business’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $105.39, for a total transaction of $2,098,525.68. Following the completion of the sale, the executive vice president now owns 1,659 shares of the company’s stock, valued at approximately $174,842.01. The disclosure for this sale can be found here. In the last 90 days, insiders sold 122,858 shares of company stock valued at $13,029,300. Company insiders own 0.87% of the company’s stock.

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Shares of ManpowerGroup (MAN) traded up 0.30% during trading on Friday, hitting $121.93. 10,687 shares of the stock traded hands. The stock has a market cap of $8.14 billion, a PE ratio of 18.65 and a beta of 1.40. The firm’s 50-day moving average price is $113.64 and its 200-day moving average price is $107.49. ManpowerGroup has a 12 month low of $70.64 and a 12 month high of $122.61.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings data on Monday, July 24th. The business services provider reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.01). ManpowerGroup had a net margin of 2.24% and a return on equity of 17.90%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter in the previous year, the business earned $1.60 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that ManpowerGroup will post $6.75 EPS for the current year.

ManpowerGroup Profile

ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.

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Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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