Omnicom Group Inc. Setting The Table For Earnings

Chart displaying OMC's cash returned to shareholders from 2007 through the first quarter of 2017

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jefferies Group LLC reaffirmed a "hold" rating on shares of Omnicom Group in a report on Wednesday, February 8th. Pivotal Research restated a "hold" rating and issued a $79.00 price target on shares of Omnicom Group in a research report on Thursday, January 12th.

09/15/2016 - Credit Suisse began new coverage on Omnicom Group Inc. giving the company a "neutral" rating. Over the past five trading sessions it is 0.52%; 1.57% for the month; 1.67% for the last quarter; 6.35% for the past six-months; and 4.89% for the last 12 months. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Following the completion of the transaction, the treasurer now directly owns 37,175 shares of the company's stock, valued at $3,165,079.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Since the start of the New Year, Omnicom Group Inc.

Omnicom, owner of agencies such as BBDO Worldwide, TBWA Worldwide and Goodby Silverstein & Partners, is being investigated by the U.S. Department of Justice along with fellow rivals such as Interpublic Group of Companies Inc and Publicis Groupe SA over rigged bids to favor in-house production units. Savant Capital LLC now owns 2,669 shares of the company's stock valued at $227,000 after buying an additional 40 shares during the period. Loews Corp increased its position in Omnicom Group by 11.6% in the fourth quarter. Stack Financial Management Inc now owns 113,710 shares of the company's stock worth $9,665,000 after buying an additional 1,565 shares during the last quarter. Morgan Stanley raised its stake in shares of Omnicom Group by 158.4% in the third quarter. Ltd. now owns 455,614 shares of the company's stock valued at $38,795,000 after buying an additional 433,596 shares during the last quarter. (NYSE:OMC) traded up 0.80% during mid-day trading on Friday, reaching $85.33. Municipal Employees Retirement System of MI now owns 7,520 shares of the company's stock valued at $639,000 after buying an additional 20 shares during the period. Lpl Financial Ltd Company owns 0% invested in DTF Tax Free Income Inc. The company's market cap is $19.94 Billion. Omnicom Group Inc. The company's 50 day moving average is $85.11 and its 200-day moving average is $84.63.

Real Madrid snatch dramatic win, Atletico Madrid cruise to victory
But Alvaro Morata headed Madrid level again in the 59th from a pass by Danilo, and the pacesetters kept pushing until Isco netted the victor .

Omnicom Group Inc. (OMC) has a mean recommendation of 2.73, according to data compiled by Zacks Investment Research. In the last four trailing quarters, OMC has reported a positive average earnings surprise of 2.31%, beating estimates on all occasions. Net profit margin of the company was recorded at 7.4 percent, operating profit margin was 13 percent, whereas gross profit margin stands at 25.7 percent.

The New York-based company revealed that organic revenue grew 8.1% in the United Kingdom and 8.2% in Europe, for the first quarter ending 31 March. During the same quarter previous year, the company earned $1.35 EPS. The company's quarterly revenue was up 2.1% compared to the same quarter past year. Omnicom Group Inc.'s stock price now sits at $85.77.

The business also recently declared a quarterly dividend, which was paid on Friday, April 7th. The ex-dividend date of this dividend is Tuesday, March 7th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.60%. Omnicom Group's dividend payout ratio is presently 45.93%.

TRADEMARK VIOLATION WARNING: This news story was reported by [[site]] and is the sole property of of [[site]]. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and global copyright law. Evercore ISI began coverage on Omnicom Group in a research report on Monday. OMC is one of the largest advertising, marketing and corporate communications companies in the world.

Related News:

  • Meghan Markle to be Prince Harry's date at Pippa Middleston's marriage

    Meghan Markle to be Prince Harry's date at Pippa Middleston's marriage

    Also on the guestlist is Pippa's brother James Middleton with his girlfriend, Donna Air, and tennis player, Roger Federer. Markle, on the other hand, has been an advocate of charities and activism even before Prince Harry came to her life.

    Boston Marathon memorials are in the works

    She finished the race in four hours and 20 minutes, but would later be disqualified and expelled from the Amateur Athletic Union. And my boyfriend came along with a full streak and gave the official a cross-body block and sent him out of the race instead.

    Insights On Trending Stocks- Caterpillar Inc. (NYSE:CAT), Aetna Inc (NYSE:AET)

    Evercore ISI raised shares of Caterpillar from a "hold" rating to a "buy" rating in a research note on Friday, February 10th. CA now owns 28,326 shares of the company's stock worth $2,627,000 after buying an additional 2,754 shares during the period.
  • F1 Bahrain GP: Horner jibes Alonso... and Brown bites back!

    Alonso will be replaced at the Monaco Grand Prix by 2009 world champion Jenson Button, the team confirmed on Friday morning. The Spaniard has a month and a half to prepare for the IndyCar race, and has to do so inbetween his Formula 1 committments.
    Tillerson Says US and Russia Remain Divided on Syria

    Tillerson Says US and Russia Remain Divided on Syria

    He said that over time as more evidence is collated, the threshold necessary to charge Mr Assad with war crimes may be reached. The Kremlin had previously declined to confirm Putin would meet Tillerson.

    North Korean missile explodes at launch

    A North Korean missile exploded during launch Sunday from the country's east coast, the USA and South Korean officials said. This launch can possibly be a test for a new type of missile or an upgrade, Kim said.
  • Easy choice: Browns CB Haden wants Garrett with No. 1 pick

    Easy choice: Browns CB Haden wants Garrett with No. 1 pick

    Defensive lineman Danny Shelton sees the potential in adding a player like Garrett to the end of the line. Garrett compiled 32.5 sacks and 48.5 tackles for loss over the past three seasons for Texas A&M.
    Intense heat continues, Delhi experiences hottest day in April

    Intense heat continues, Delhi experiences hottest day in April

    The mercury rose to 41 degrees Celsius at Una in the lower hills while Shimla recorded a high of 27.5 degrees Celsius. The minimum temperature of the day was recorded at 25.5 degrees Celsius, four notches above the season's average.
    Changing Trump views toward Russia, China worry some allies

    Changing Trump views toward Russia, China worry some allies

    It was also staged hours before Pence arrived in South Korea on a tour which will also include Japan, Indonesia and Australia. McMaster said the launch "fits a pattern of provocative and destabilizing and threatening behavior" on North Korea's part.
  • Large asteroid to hurtle past Earth on April 19

    The Pan-STARRS NEO survey team had discovered the comet with the help of a telescope on the summit of Haleakala, Hawaii in 2015. The asteroid will be more than one million miles from Earth but it has been 13 years since such a large one came this close.
    Jazz lose Gobert early in playoff opener

    Jazz lose Gobert early in playoff opener

    Johnson scored a team-high 21 points as the Jazz prevailed despite losing center Rudy Gobert in the opening minute. Gobert had to be helped off the court, leaning heavily on two people as he made his way to the locker room.

    Trudeau leads Battle of Vimy 100-year commemoration in France

    The area around the memorial was also lined with empty black combat boots, representing those who died. Dragoons' tribute to the Battle of Vimy Ridge at the Vernon cenotaph.

Most liked

Adam Sandler to make rare appearance at Minnesota casino
Last month, Netlix said Sandler had signed up to do another four films, meaning he will make eight Netflix exclusives in total. But although the company is expecting to hit 100 million subscribers this week, executives are still not satisfied.

Las Vegas to Unveil Sterile Needle Vending Machines
In return, the machine vends a nondescript kit containing alcohol wipes, syringes, safe sex supplies, and a disposal box. Nevada has one of the highest HIV rates in the country, with over 20 cases per 100,000 people.

Danny Amendola takes pay cut to stay in New England, report says
But Amendola came alive in the Super Bowl and was an integral part of the Patriots' comeback against the Atlanta Falcons. He was originally set to make $5 million in 2015, and negotiated his contract down to about $2.71 million.

North Korean official says will continue missile tests
When asked for his message to North Korea following Sunday's failed missile launch , Trump responded, "They gotta behave". But as we all know, Trump's statements against North Korea have heightened fears of a war between the two nuclear powers.

Here's who won Pulitzer Prizes this year
A board of editors, publishers, writers and educators voted on 21 categories of journalism, letters, drama , poetry and music . The primary reporter, Sarah Ryley , and staffers thoroughly examined the abusive and illegal evictions of hundreds.

The Nokia 9 may look even better than the Galaxy S8
The Nokia 9 display will be a 5.5-inch Quad HD QLED, and its pixel density is expected to reach 534 PPI. The smartphone will be powered by a Snapdragon 835 processor, 6GB RAM and 128GB of internal storage.

AT&T, Verizon Galaxy Note 5 Obtains Android 7.0 Nougat At Last
Are you a Galaxy Note 5 user on Bell or SaskTel? You need to back up your files in case they get erased in the update . While that might be great news for those users, the Samsung Galaxy S7 are not too happy about the announcement.

Apple gets green light to test self-driving cars
The permit from the CA DMV confirms that it will soon test its autonomous technology on public roads. He requested the regulators that established players and new entrants be treated equally.

Lady Gaga debuts 'The Cure' at Coachella music festival
Later in 2017, Gaga launches a massive world tour on the heels of her acclaimed Super Bowl halftime performance. The song, called The Cure , rocketed to the top of music charts around the globe within hours of its release.

Henrik Lundqvist helps Rangers in win
Glass now has played 61 playoff games, and said his only other goal was the final tally in a 5-0 victory while with the Penguins. Beating the Canadiens isn't impossible but, like against any team in the playoffs, the Rangers need to bring their A-game.

Three die as Turkey votes in historic referendum
CNN reports that with more than 95% of the vote counted, the "Yes" vote has gained 52% of the plebiscite versus 48% for "No". Prime Minister Binali Yildirim said: "Whatever choice comes out on top, our nation will make the most lovely decision".

Pence lands in South Korea after North's failed launch
An unnamed USA official told BBC that the missile is most likely an Intercontinental Ballistic Missile (ICBM). Other White House reporters cited their own unnamed sources as saying the US planned only to retaliate.

Cristie Kerr wins LPGA Lotte in Hawaii
She made six more birdie putts the final round, taking the lead on the 14th hole. "It was an unbelievable run". I was able to keep going forward because I didn't put that extra pressure on myself".

South African president accuses protesters of racism
But the party's National Working Committee (NWC), discussing the cabinet reshuffle , later gave the president its backing. Key allies, including the South African Communist Party and the country's biggest labor group, have urged him to resign.

Trump declares US-Russia relations may be at 'all-time low'
As evidence, Lavrov critically recalled USA interventions in Iraq, Libya and Yugoslavia that he said resulted in increased instability.