Discussion stirs around Omnicom Group Inc. (NYSE:OMC) this week; here is what analysts are saying.

June 14, 2018 - By Harriett Tippett

Omnicom Group Inc. (NYSE:OMC) LogoInvestors sentiment decreased to 0.85 in Q1 2018. Its down 0.11, from 0.96 in 2017Q4. It fall, as 60 investors sold Omnicom Group Inc. shares while 229 reduced holdings. 66 funds opened positions while 180 raised stakes. 228.18 million shares or 1.27% less from 231.12 million shares in 2017Q4 were reported.
Btim Corporation holds 700,543 shares or 0.77% of its portfolio. Sumitomo Life accumulated 21,160 shares. Cubist Systematic Strategies reported 9,700 shares stake. 37,836 are owned by Sei Invs. Agf Investments America Inc invested in 0.94% or 34,080 shares. Invesco Limited stated it has 1.82 million shares or 0.05% of all its holdings. Credit Suisse Ag stated it has 0.02% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Mark Sheptoff Fincl Planning Ltd Liability Company reported 50 shares. Fiduciary Wi owns 5.20 million shares for 2.31% of their portfolio. Mufg Americas Corp accumulated 626 shares. Moreover, Rmb Management has 0.01% invested in Omnicom Group Inc. (NYSE:OMC). 241,910 are owned by Welch Forbes Ltd Liability Com. 11,210 were reported by Wms Ltd Llc. Northwestern Mutual Wealth Management reported 4,634 shares. Oppenheimer & invested in 2,968 shares or 0.01% of the stock.

Since February 21, 2018, it had 0 insider purchases, and 3 selling transactions for $230,764 activity. $154,758 worth of Omnicom Group Inc. (NYSE:OMC) shares were sold by Hewitt Dennis E..

Omnicom Group Inc. (NYSE:OMC) Ratings Coverage

Among 8 analysts covering Omnicom Group Inc. (NYSE:OMC), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Omnicom Group Inc. had 11 analyst reports since January 2, 2018 according to SRatingsIntel. The firm has “Underweight” rating given on Wednesday, January 31 by Morgan Stanley. Atlantic Securities upgraded Omnicom Group Inc. (NYSE:OMC) on Friday, March 2 to “Neutral” rating. The firm has “Underperform” rating by Macquarie Research given on Tuesday, January 2. BMO Capital Markets upgraded Omnicom Group Inc. (NYSE:OMC) rating on Friday, February 16. BMO Capital Markets has “Buy” rating and $90.0 target. The stock of Omnicom Group Inc. (NYSE:OMC) has “Hold” rating given on Thursday, January 18 by Wells Fargo. Morgan Stanley maintained the shares of OMC in report on Wednesday, May 23 with “Underweight” rating. Jefferies maintained the shares of OMC in report on Thursday, February 15 with “Hold” rating. On Friday, February 16 the stock rating was upgraded by Macquarie Research to “Neutral”. The firm earned “Hold” rating on Friday, February 16 by RBC Capital Markets. BMO Capital Markets maintained the stock with “Hold” rating in Monday, January 22 report. Below is a list of Omnicom Group Inc. (NYSE:OMC) latest ratings and price target changes.

23/05/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $76 New Target: $73 Maintain
02/03/2018 Broker: Atlantic Securities Old Rating: Underweight New Rating: Neutral Upgrade
16/02/2018 Broker: RBC Capital Markets Rating: Hold Downgrade
16/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $90.0 Upgrade
15/02/2018 Broker: Jefferies Rating: Hold New Target: $78.0 Maintain
16/02/2018 Broker: Macquarie Research Old Rating: Underperform New Rating: Neutral Upgrade
15/02/2018 Broker: Pivotal Research Rating: Hold New Target: $75.0
31/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $72 New Target: $76 Maintain
22/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $80.0 Maintain
18/01/2018 Broker: Wells Fargo Rating: Hold New Target: $75.0 Maintain

The stock increased 1.14% or $0.85 during the last trading session, reaching $75.26. About 2.05 million shares traded or 13.00% up from the average. Omnicom Group Inc. (NYSE:OMC) has declined 13.92% since June 14, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company has market cap of $17.11 billion. The firm offers a range of services in the areas of advertising, customer relationship management, or CRM, public relations, and specialty communications. It has a 16.18 P/E ratio. The Company’s services comprise advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, environmental design, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare communications, and instore design services.

Another recent and important Omnicom Group Inc. (NYSE:OMC) news was published by Seekingalpha.com which published an article titled: “WSJ: Omnicom takes HSBC media account from struggling WPP” on May 22, 2018.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart

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