Personal CFO Solutions LLC Has $1.37 Million Stock Holdings in Omnicom Group Inc. $OMC

Personal CFO Solutions LLC raised its stake in shares of Omnicom Group Inc. (NYSE:OMC) by 137.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,956 shares of the business services provider’s stock after purchasing an additional 9,822 shares during the period. Personal CFO Solutions LLC’s holdings in Omnicom Group were worth $1,369,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital A Wealth Management LLC grew its stake in shares of Omnicom Group by 548.3% in the second quarter. Capital A Wealth Management LLC now owns 376 shares of the business services provider’s stock worth $27,000 after acquiring an additional 318 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Omnicom Group by 2,126.7% in the third quarter. Cornerstone Planning Group LLC now owns 334 shares of the business services provider’s stock worth $27,000 after acquiring an additional 319 shares during the last quarter. Meeder Asset Management Inc. grew its stake in shares of Omnicom Group by 289.4% in the third quarter. Meeder Asset Management Inc. now owns 366 shares of the business services provider’s stock worth $30,000 after acquiring an additional 272 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Omnicom Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 404 shares of the business services provider’s stock worth $31,000 after acquiring an additional 202 shares during the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Omnicom Group in the fourth quarter worth $32,000. Institutional investors and hedge funds own 91.97% of the company’s stock.

Omnicom Group Stock Up 1.7%

OMC opened at $76.96 on Thursday. The company has a market capitalization of $21.93 billion, a P/E ratio of 157.06, a P/E/G ratio of 0.61 and a beta of 0.73. The firm’s fifty day moving average price is $76.64 and its two-hundred day moving average price is $76.90. Omnicom Group Inc. has a fifty-two week low of $66.33 and a fifty-two week high of $87.17. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.93 and a quick ratio of 0.81.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings data on Wednesday, February 18th. The business services provider reported $2.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.94 by ($0.35). The company had revenue of $5.53 billion for the quarter, compared to the consensus estimate of $7.58 billion. Omnicom Group had a negative net margin of 0.32% and a positive return on equity of 25.65%. The firm’s revenue was up 27.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.41 earnings per share. On average, analysts anticipate that Omnicom Group Inc. will post 8.25 EPS for the current year.

Omnicom Group declared that its board has initiated a share buyback plan on Wednesday, February 18th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the business services provider to purchase up to 38.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Omnicom Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.2%. Omnicom Group’s dividend payout ratio (DPR) is presently 653.06%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays raised their price objective on shares of Omnicom Group from $82.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Omnicom Group in a research note on Thursday, January 22nd. Bank of America restated an “underperform” rating and issued a $77.00 price objective (down from $87.00) on shares of Omnicom Group in a research note on Monday, January 5th. Argus upgraded shares of Omnicom Group to a “hold” rating in a research note on Thursday, March 26th. Finally, Morgan Stanley initiated coverage on shares of Omnicom Group in a research note on Tuesday, December 16th. They issued an “equal weight” rating and a $88.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $95.86.

Omnicom Group Profile

Omnicom Group Inc (NYSE: OMC) is a global marketing and corporate communications holding company headquartered in New York City. Founded in 1986 through the merger of the BBDO, DDB and Needham Harper agencies, Omnicom has built a portfolio of leading brands and networks serving clients across diverse industries.

The company’s primary business activities encompass advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations, and customer relationship management.