Shares of Interpublic Group of Companies, Inc. (The) (NYSE:IPG) have been assigned an average rating of “Hold” from the eighteen ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $26.30.

Several equities analysts have commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $26.00 price target (down previously from $27.00) on shares of Interpublic Group of Companies, Inc. (The) in a report on Wednesday, July 26th. Telsey Advisory Group cut their price target on Interpublic Group of Companies, Inc. (The) from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, July 26th. BidaskClub cut Interpublic Group of Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research raised Interpublic Group of Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Morgan Stanley reiterated a “hold” rating on shares of Interpublic Group of Companies, Inc. (The) in a research note on Monday, October 16th.

In other Interpublic Group of Companies, Inc. (The) news, SVP Ellen Tobi Johnson sold 20,000 shares of the company’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $20.50, for a total transaction of $410,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director H John Greeniaus sold 43,479 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $19.00, for a total value of $826,101.00. The disclosure for this sale can be found here. 1.49% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of IPG. Wells Fargo & Company MN lifted its holdings in Interpublic Group of Companies, Inc. (The) by 159.5% during the 3rd quarter. Wells Fargo & Company MN now owns 7,250,126 shares of the business services provider’s stock worth $150,730,000 after buying an additional 4,455,788 shares in the last quarter. Neuberger Berman Group LLC lifted its holdings in Interpublic Group of Companies, Inc. (The) by 9,649.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,442,846 shares of the business services provider’s stock worth $50,787,000 after buying an additional 2,417,789 shares in the last quarter. River Road Asset Management LLC acquired a new position in Interpublic Group of Companies, Inc. (The) during the 2nd quarter worth $49,040,000. Janus Henderson Group PLC lifted its holdings in Interpublic Group of Companies, Inc. (The) by 4,195.7% during the 2nd quarter. Janus Henderson Group PLC now owns 1,815,832 shares of the business services provider’s stock worth $44,669,000 after buying an additional 1,773,561 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Interpublic Group of Companies, Inc. (The) by 21.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 8,547,989 shares of the business services provider’s stock worth $210,280,000 after buying an additional 1,503,316 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

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Interpublic Group of Companies, Inc. (NYSE IPG) traded up $0.39 during midday trading on Friday, hitting $19.05. The company had a trading volume of 4,969,922 shares, compared to its average volume of 7,941,547. Interpublic Group of Companies, Inc. has a fifty-two week low of $18.30 and a fifty-two week high of $25.71. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.63. The firm has a market cap of $7,402.99, a PE ratio of 13.80, a PEG ratio of 1.18 and a beta of 1.46.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG) last posted its quarterly earnings results on Tuesday, October 24th. The business services provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.02). The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.96 billion. Interpublic Group of Companies, Inc. (The) had a net margin of 7.43% and a return on equity of 27.38%. The company’s revenue was down 1.0% on a year-over-year basis. During the same period last year, the company earned $0.31 EPS. sell-side analysts predict that Interpublic Group of Companies, Inc. will post 1.4 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.72 dividend on an annualized basis and a yield of 3.78%. Interpublic Group of Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 50.00%.

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).

Analyst Recommendations for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)

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