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.

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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.

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