Universal Beteiligungs und Servicegesellschaft mbH Has $17.99 Million Holdings in Omnicom Group Inc. $OMC

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Omnicom Group Inc. (NYSE:OMC) by 19.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 220,627 shares of the business services provider’s stock after purchasing an additional 36,327 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Omnicom Group worth $17,988,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of OMC. Bollard Group LLC increased its holdings in Omnicom Group by 6.0% in the 2nd quarter. Bollard Group LLC now owns 2,569 shares of the business services provider’s stock valued at $185,000 after buying an additional 145 shares during the period. Wilmington Savings Fund Society FSB grew its stake in shares of Omnicom Group by 2.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 7,330 shares of the business services provider’s stock worth $598,000 after buying an additional 145 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Omnicom Group by 4.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,746 shares of the business services provider’s stock worth $305,000 after acquiring an additional 156 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in shares of Omnicom Group by 2.7% during the second quarter. Resonant Capital Advisors LLC now owns 6,288 shares of the business services provider’s stock worth $457,000 after purchasing an additional 168 shares during the last quarter. Finally, Binnacle Investments Inc increased its position in Omnicom Group by 17.7% in the 2nd quarter. Binnacle Investments Inc now owns 1,124 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 169 shares during the period. Institutional investors own 91.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on OMC shares. Morgan Stanley began coverage on Omnicom Group in a research note on Tuesday, December 16th. They issued an “equal weight” rating and a $88.00 price target for the company. Barclays boosted their target price on Omnicom Group from $80.00 to $82.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. UBS Group boosted their price target on shares of Omnicom Group from $99.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Omnicom Group in a research note on Thursday. Finally, Bank of America reiterated an “underperform” rating and issued a $77.00 target price (down previously from $87.00) on shares of Omnicom Group in a report on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $92.14.

Omnicom Group Trading Up 0.7%

NYSE OMC opened at $79.81 on Friday. The stock’s 50 day moving average is $77.26 and its 200 day moving average is $76.41. The firm has a market capitalization of $15.40 billion, a PE ratio of 11.79, a P/E/G ratio of 1.32 and a beta of 0.74. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 0.95. Omnicom Group Inc. has a twelve month low of $68.37 and a twelve month high of $89.35.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings results on Tuesday, October 21st. The business services provider reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.07. Omnicom Group had a net margin of 8.31% and a return on equity of 33.30%. The company had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.02 billion. During the same period last year, the company posted $2.03 EPS. Omnicom Group’s revenue was up 4.0% on a year-over-year basis. Research analysts forecast that Omnicom Group Inc. will post 8.25 earnings per share for the current fiscal year.

Omnicom Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 19th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, December 19th. This is an increase from Omnicom Group’s previous quarterly dividend of $0.70. Omnicom Group’s dividend payout ratio (DPR) is currently 47.27%.

Omnicom Group Company 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.