Shares of Omnicom Group Inc. (NYSE:OMC) have received a consensus rating of “Hold” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $74.67.

Several research firms have weighed in on OMC. Zacks Investment Research upgraded shares of Omnicom Group from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Monday, December 17th. ValuEngine upgraded shares of Omnicom Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 17th. Pivotal Research increased their target price on shares of Omnicom Group from $65.00 to $66.00 and gave the stock a “hold” rating in a report on Tuesday, October 16th. Barclays lowered shares of Omnicom Group from an “equal weight” rating to a “sell” rating and set a $75.00 target price on the stock. in a report on Friday, September 28th. Finally, Citigroup increased their target price on shares of Omnicom Group from $80.00 to $82.00 and gave the stock a “neutral” rating in a report on Wednesday, October 24th.

Shares of NYSE OMC opened at $75.94 on Friday. Omnicom Group has a fifty-two week low of $65.85 and a fifty-two week high of $83.34. The company has a market capitalization of $16.93 billion, a P/E ratio of 14.89, a price-to-earnings-growth ratio of 1.93 and a beta of 0.70. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 1.48.

Omnicom Group (NYSE:OMC) last announced its quarterly earnings data on Tuesday, October 16th. The business services provider reported $1.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.03. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.68 billion. Omnicom Group had a net margin of 7.68% and a return on equity of 41.70%. Omnicom Group’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.13 earnings per share. Research analysts predict that Omnicom Group will post 5.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 9th. Stockholders of record on Friday, December 21st were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Thursday, December 20th. Omnicom Group’s dividend payout ratio is 47.06%.

In related news, CEO Jonathan B. Nelson sold 13,000 shares of the firm’s stock in a transaction on Friday, October 19th. The shares were sold at an average price of $77.38, for a total value of $1,005,940.00. Following the completion of the transaction, the chief executive officer now owns 58,569 shares of the company’s stock, valued at $4,532,069.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Treasurer Dennis E. Hewitt sold 500 shares of the firm’s stock in a transaction on Wednesday, October 24th. The shares were sold at an average price of $75.85, for a total transaction of $37,925.00. Following the completion of the transaction, the treasurer now directly owns 45,610 shares of the company’s stock, valued at approximately $3,459,518.50. The disclosure for this sale can be found here. Insiders have sold 14,233 shares of company stock valued at $1,098,528 in the last three months. 1.20% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. First Hawaiian Bank lifted its stake in Omnicom Group by 18.1% in the fourth quarter. First Hawaiian Bank now owns 11,093 shares of the business services provider’s stock valued at $813,000 after acquiring an additional 1,702 shares during the last quarter. Acropolis Investment Management LLC acquired a new stake in Omnicom Group in the fourth quarter valued at $608,000. State of Alaska Department of Revenue lifted its stake in Omnicom Group by 2.2% in the fourth quarter. State of Alaska Department of Revenue now owns 97,181 shares of the business services provider’s stock valued at $7,115,000 after acquiring an additional 2,124 shares during the last quarter. CENTRAL TRUST Co lifted its stake in Omnicom Group by 3.2% in the fourth quarter. CENTRAL TRUST Co now owns 7,455 shares of the business services provider’s stock valued at $546,000 after acquiring an additional 234 shares during the last quarter. Finally, CenturyLink Investment Management Co acquired a new stake in Omnicom Group in the fourth quarter valued at $740,000.

Omnicom Group Company Profile

Omnicom Group Inc, together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company offers a range of services in the areas of advertising, customer relationship management, public relations, and healthcare. Its services comprises advertising, branding, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, digital/direct marketing, digital transformation, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and instore design services.

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Analyst Recommendations for Omnicom Group (NYSE:OMC)

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