Bryn Mawr Capital Management LLC Has $301,000 Position in Omnicom Group Inc. (NYSE:OMC)

Bryn Mawr Capital Management LLC reduced its stake in Omnicom Group Inc. (NYSE:OMC) by 30.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,500 shares of the business services provider’s stock after selling 1,500 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Omnicom Group were worth $301,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of OMC. State Street Corp increased its holdings in shares of Omnicom Group by 5.7% in the third quarter. State Street Corp now owns 14,118,529 shares of the business services provider’s stock valued at $1,468,615,000 after purchasing an additional 759,980 shares during the last quarter. World Investment Advisors LLC grew its stake in shares of Omnicom Group by 4,413.3% in the third quarter. World Investment Advisors LLC now owns 383,448 shares of the business services provider’s stock valued at $39,645,000 after acquiring an additional 374,952 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Omnicom Group by 389,021.8% in the third quarter. International Assets Investment Management LLC now owns 214,017 shares of the business services provider’s stock valued at $22,127,000 after acquiring an additional 213,962 shares in the last quarter. Arvest Bank Trust Division acquired a new position in shares of Omnicom Group in the third quarter valued at about $21,191,000. Finally, AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of Omnicom Group by 46.0% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 495,511 shares of the business services provider’s stock valued at $42,634,000 after acquiring an additional 156,173 shares in the last quarter. 91.97% of the stock is currently owned by institutional investors and hedge funds.

Omnicom Group Stock Down 1.6 %

OMC stock opened at $82.27 on Friday. The stock has a market capitalization of $16.16 billion, a P/E ratio of 11.04, a price-to-earnings-growth ratio of 1.94 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. Omnicom Group Inc. has a 12 month low of $80.31 and a 12 month high of $107.00. The firm has a 50-day moving average price of $85.60 and a 200-day moving average price of $95.21.

Omnicom Group (NYSE:OMC) last posted its earnings results on Tuesday, February 4th. The business services provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.03. Omnicom Group had a net margin of 9.44% and a return on equity of 36.39%. During the same period in the previous year, the company earned $2.20 earnings per share. As a group, equities research analysts anticipate that Omnicom Group Inc. will post 8.25 EPS for the current fiscal year.

Omnicom Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 11th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.40%. Omnicom Group’s dividend payout ratio (DPR) is currently 37.58%.

Analyst Ratings Changes

OMC has been the topic of several research reports. Argus downgraded shares of Omnicom Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Barclays decreased their price target on shares of Omnicom Group from $121.00 to $110.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. JPMorgan Chase & Co. cut their price objective on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Wells Fargo & Company cut their price objective on shares of Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. Finally, Macquarie reaffirmed an “outperform” rating and set a $120.00 price objective on shares of Omnicom Group in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $108.25.

Omnicom Group Profile

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.