Partnervest Advisory Services LLC acquired a new stake in shares of Omnicom Group Inc. (NYSE:OMC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,110 shares of the business services provider’s stock, valued at approximately $518,000.

A number of other hedge funds also recently bought and sold shares of OMC. Profund Advisors LLC increased its position in Omnicom Group by 21.5% during the 2nd quarter. Profund Advisors LLC now owns 8,221 shares of the business services provider’s stock valued at $682,000 after buying an additional 1,457 shares in the last quarter. Thrivent Financial For Lutherans increased its position in Omnicom Group by 2.1% during the 2nd quarter. Thrivent Financial For Lutherans now owns 8,820 shares of the business services provider’s stock valued at $731,000 after buying an additional 180 shares in the last quarter. Vanguard Group Inc. increased its position in Omnicom Group by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 15,946,330 shares of the business services provider’s stock valued at $1,321,951,000 after buying an additional 79,678 shares in the last quarter. FMR LLC increased its position in Omnicom Group by 18.3% during the 2nd quarter. FMR LLC now owns 2,736,202 shares of the business services provider’s stock valued at $226,831,000 after buying an additional 423,200 shares in the last quarter. Finally, ETRADE Capital Management LLC increased its position in Omnicom Group by 19.2% during the 2nd quarter. ETRADE Capital Management LLC now owns 4,692 shares of the business services provider’s stock valued at $389,000 after buying an additional 757 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Shares of Omnicom Group Inc. (NYSE OMC) traded up $1.40 on Tuesday, hitting $76.36. The company had a trading volume of 1,787,800 shares, compared to its average volume of 2,234,407. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 1.62. Omnicom Group Inc. has a one year low of $65.32 and a one year high of $87.43. The company has a market capitalization of $17,250.00, a price-to-earnings ratio of 15.21, a P/E/G ratio of 2.00 and a beta of 1.23.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Investors of record on Tuesday, December 19th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $2.40 annualized dividend and a dividend yield of 3.14%. This is a positive change from Omnicom Group’s previous quarterly dividend of $0.55. Omnicom Group’s payout ratio is presently 47.81%.

In related news, insider Peter K. Sherman sold 8,310 shares of Omnicom Group stock in a transaction on Monday, December 11th. The stock was sold at an average price of $74.31, for a total value of $617,516.10. Following the completion of the sale, the insider now owns 21,271 shares of the company’s stock, valued at $1,580,648.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

OMC has been the subject of a number of research analyst reports. Credit Suisse Group reduced their target price on Omnicom Group from $79.00 to $78.00 and set a “neutral” rating for the company in a report on Wednesday, October 11th. Zacks Investment Research lowered Omnicom Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Argus raised Omnicom Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. Macquarie lowered Omnicom Group from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a report on Tuesday, January 2nd. Finally, Royal Bank of Canada reduced their target price on Omnicom Group from $96.00 to $87.00 and set an “outperform” rating for the company in a report on Wednesday, October 18th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $83.71.

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About Omnicom Group

Omnicom Group Inc is a holding company. The Company provides advertising, marketing and corporate communications services. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications.

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Institutional Ownership by Quarter for Omnicom Group (NYSE:OMC)

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