Interpublic Group of Companies, Inc. (The) (NYSE:IPG) was the recipient of some unusual options trading on Tuesday. Traders acquired 3,927 call options on the company. This represents an increase of 2,646% compared to the average volume of 143 call options.

A number of analysts recently weighed in on the company. TheStreet downgraded Interpublic Group of Companies from a “b-” rating to a “c+” rating in a research note on Wednesday, November 22nd. Argus downgraded Interpublic Group of Companies from a “buy” rating to a “hold” rating and set a $27.00 price target on the stock. in a research note on Tuesday, October 31st. Zacks Investment Research downgraded Interpublic Group of Companies from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. BMO Capital Markets decreased their target price on Interpublic Group of Companies from $26.00 to $25.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Interpublic Group of Companies in a research report on Wednesday, October 25th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $25.77.

In related news, Director H John Greeniaus sold 43,479 shares of Interpublic Group of Companies stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $19.00, for a total value of $826,101.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.49% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Interpublic Group of Companies by 1.1% in the second quarter. Vanguard Group Inc. now owns 39,967,140 shares of the business services provider’s stock worth $983,192,000 after acquiring an additional 419,048 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Interpublic Group of Companies by 2.7% in the second quarter. BlackRock Inc. now owns 36,204,064 shares of the business services provider’s stock worth $890,619,000 after acquiring an additional 936,771 shares during the last quarter. Boston Partners raised its holdings in shares of Interpublic Group of Companies by 1.7% in the second quarter. Boston Partners now owns 21,969,850 shares of the business services provider’s stock worth $540,459,000 after acquiring an additional 376,427 shares during the last quarter. Voya Investment Management LLC raised its holdings in shares of Interpublic Group of Companies by 14.7% in the second quarter. Voya Investment Management LLC now owns 9,175,028 shares of the business services provider’s stock worth $225,706,000 after acquiring an additional 1,177,667 shares during the last quarter. Finally, Pzena Investment Management LLC raised its holdings in shares of Interpublic Group of Companies by 0.3% in the third quarter. Pzena Investment Management LLC now owns 8,964,724 shares of the business services provider’s stock worth $186,377,000 after acquiring an additional 23,799 shares during the last quarter. 99.97% of the stock is owned by institutional investors.

Shares of Interpublic Group of Companies (NYSE IPG) opened at $20.19 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $7,993.68, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 1.27 and a beta of 1.47. Interpublic Group of Companies has a 12-month low of $18.30 and a 12-month high of $25.71.

Interpublic Group of Companies (NYSE:IPG) last posted its earnings results on Tuesday, October 24th. The business services provider reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.02). Interpublic Group of Companies had a return on equity of 27.38% and a net margin of 7.43%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. equities analysts predict that Interpublic Group of Companies will post 1.4 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.57%. Interpublic Group of Companies’s dividend payout ratio (DPR) is 50.00%.

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Interpublic Group of Companies 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).

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