Cetera Trust Company N.A Has $269,000 Position in WPP plc (NYSE:WPP)

Cetera Trust Company N.A increased its holdings in WPP plc (NYSE:WPP) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,225 shares of the business services provider’s stock after purchasing an additional 885 shares during the period. Cetera Trust Company N.A’s holdings in WPP were worth $269,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in shares of WPP by 45.3% during the 3rd quarter. GAMMA Investing LLC now owns 648 shares of the business services provider’s stock worth $33,000 after acquiring an additional 202 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of WPP during the 3rd quarter valued at about $84,000. Blue Trust Inc. grew its holdings in WPP by 378.4% during the third quarter. Blue Trust Inc. now owns 3,526 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 2,789 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in WPP by 27.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,509 shares of the business services provider’s stock valued at $180,000 after buying an additional 753 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of WPP in the second quarter valued at about $201,000. 4.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered WPP from a “buy” rating to a “hold” rating in a report on Monday, November 18th.

WPP Stock Up 0.2 %

NYSE WPP opened at $45.73 on Wednesday. The stock’s 50 day moving average is $51.33 and its two-hundred day moving average is $49.94. WPP plc has a 1-year low of $43.02 and a 1-year high of $57.37.

WPP Profile

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.