Swiss National Bank lessened its position in shares of Omnicom Group Inc. (NYSE:OMC) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 852,777 shares of the business services provider’s stock after selling 6,300 shares during the quarter. Swiss National Bank’s holdings in Omnicom Group were worth $62,108,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in OMC. First Eagle Investment Management LLC boosted its stake in Omnicom Group by 12.4% in the 3rd quarter. First Eagle Investment Management LLC now owns 15,101,129 shares of the business services provider’s stock valued at $1,118,541,000 after buying an additional 1,671,452 shares in the last quarter. Longview Partners Guernsey LTD boosted its stake in Omnicom Group by 41.3% in the 3rd quarter. Longview Partners Guernsey LTD now owns 5,653,698 shares of the business services provider’s stock valued at $418,769,000 after buying an additional 1,653,208 shares in the last quarter. Mondrian Investment Partners LTD acquired a new stake in Omnicom Group in the 4th quarter valued at $51,393,000. Amundi Pioneer Asset Management Inc. acquired a new stake in Omnicom Group in the 3rd quarter valued at $39,649,000. Finally, Jensen Investment Management Inc. boosted its stake in Omnicom Group by 14.6% in the 3rd quarter. Jensen Investment Management Inc. now owns 4,008,440 shares of the business services provider’s stock valued at $296,905,000 after buying an additional 509,685 shares in the last quarter. 98.62% of the stock is currently owned by institutional investors.

Omnicom Group Inc. (OMC) opened at $82.78 on Thursday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.90 and a quick ratio of 0.79. Omnicom Group Inc. has a 52-week low of $65.32 and a 52-week high of $86.71. The stock has a market capitalization of $18,161.37, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 2.56 and a beta of 1.20.

In other Omnicom Group 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 transaction, the insider now owns 21,271 shares in the company, valued at approximately $1,580,648.01. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.10% of the company’s stock.

OMC has been the topic of several recent analyst reports. Credit Suisse Group boosted their price target on Omnicom Group from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, October 18th. TheStreet lowered Omnicom Group from a “b-” rating to a “c+” rating in a research note on Tuesday, November 21st. Telsey Advisory Group raised Omnicom Group from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $86.00 to $89.00 in a research note on Wednesday, October 18th. Morgan Stanley boosted their price target on Omnicom Group from $72.00 to $76.00 and gave the company an “underweight” rating in a research note on Wednesday, January 31st. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and issued a $75.00 price target (down previously from $81.00) on shares of Omnicom Group in a research note on Thursday, January 18th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. Omnicom Group currently has a consensus rating of “Hold” and an average target price of $83.64.

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Omnicom Group Profile

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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