Omnicom Group Inc. (NYSE:OMC – Get Rating) introduced a quarterly dividend on Thursday, July 14th, Zacks experiences. Shareholders of document on Wednesday, September twenty first will probably be given a dividend of 0.70 per share by the enterprise providers supplier on Wednesday, October twelfth. This represents a $2.80 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Tuesday, September twentieth. Omnicom Group has raised its dividend fee by a median of 5.3% yearly over the past three years and has raised its dividend yearly for the final 1 consecutive years. Omnicom Group has a dividend payout ratio of 41.2% which means its dividend is sufficiently lined by earnings. Equities analysis analysts count on Omnicom Group to earn $6.39 per share subsequent yr, which implies the corporate ought to proceed to have the ability to cowl its $2.80 annual dividend with an anticipated future payout ratio of 43.8%. Omnicom Group Price EfficiencyOmnicom Group inventory opened at $64.99 on Friday. Omnicom Group has a 1 yr low of $61.31 and a 1 yr excessive of $91.61. The firm has a debt-to-equity ratio of 1.59, a present ratio of 0.94 and a fast ratio of 0.85. The inventory has a market cap of $13.37 billion, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 3.88 and a beta of 0.82. The agency has a 50-day transferring common of $69.00 and a two-hundred day transferring common of $76.12. Omnicom Group (NYSE:OMC – Get Rating) final posted its quarterly earnings outcomes on Tuesday, April nineteenth. The enterprise providers supplier reported $1.39 EPS for the quarter, beating the consensus estimate of $1.28 by $0.11. The enterprise had income of $3.41 billion through the quarter, in comparison with analyst estimates of $3.29 billion. Omnicom Group had a internet margin of 9.06% and a return on fairness of 37.06%. The firm’s quarterly income was down .5% in comparison with the identical quarter final yr. During the identical quarter within the earlier yr, the enterprise posted $1.33 EPS. On common, analysis analysts forecast that Omnicom Group will publish 6.26 earnings per share for the present yr. Analyst Ratings ChangesAd TradewinsThe Safest Option in Trades!If you’re new to buying and selling, then you definately’ve most likely heard the improper factor about choices—that they’re dangerous, unpredictable, or troublesome.
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Several analysis corporations lately commented on OMC. Macquarie lowered shares of Omnicom Group from an “outperform” ranking to a “impartial” ranking in a analysis be aware on Thursday, June twenty third. Wells Fargo & Company upgraded shares of Omnicom Group from an “equal weight” ranking to an “obese” ranking and diminished their value goal for the inventory from $96.00 to $73.00 in a analysis be aware on Friday, July eighth. BMO Capital Markets boosted their value goal on shares of Omnicom Group from $82.00 to $89.00 in a analysis be aware on Thursday, April twenty first. Argus raised shares of Omnicom Group from a “maintain” ranking to a “purchase” ranking and set a $95.00 goal value on the inventory in a analysis report on Friday, March 18th. Finally, Edward Jones downgraded shares of Omnicom Group from a “purchase” ranking to a “maintain” ranking in a analysis report on Tuesday, June 14th. Two funding analysts have rated the inventory with a promote ranking, 5 have given a maintain ranking and 4 have given a purchase ranking to the inventory. According to knowledge from MarketBeat.com, the corporate has a median ranking of “Hold” and a median value goal of $84.70.Insider ActivityIn different information, Director Linda Johnson Rice bought 1,900 shares of the corporate’s inventory in a transaction on Monday, April twenty fifth. The shares have been bought at a median value of $77.88, for a complete worth of $147,972.00. Following the sale, the director now instantly owns 9,784 shares of the corporate’s inventory, valued at roughly $761,977.92. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which will be accessed by means of this hyperlink. Insiders personal 1.30% of the corporate’s inventory. Institutional Trading of Omnicom GroupSeveral giant traders have lately made adjustments to their positions within the enterprise. Covestor Ltd boosted its holdings in Omnicom Group by 77.0% through the first quarter. Covestor Ltd now owns 1,538 shares of the enterprise providers supplier’s inventory price $131,000 after shopping for a further 669 shares within the final quarter. Eudaimonia Partners LLC bought a brand new stake in Omnicom Group through the first quarter price $202,000. Brown Brothers Harriman & Co. boosted its holdings in Omnicom Group by 116.1% through the first quarter. Brown Brothers Harriman & Co. now owns 2,489 shares of the enterprise providers supplier’s inventory price $211,000 after shopping for a further 1,337 shares within the final quarter. Shepherd Financial Partners LLC bought a brand new stake in Omnicom Group through the first quarter price $231,000. Finally, qPULA Trading Management LP bought a brand new stake in Omnicom Group through the first quarter price $237,000. 93.08% of the inventory is owned by hedge funds and different institutional traders. Omnicom Group Company Profile (Get Rating)Omnicom Group Inc, along with its subsidiaries, gives promoting, advertising, and company communications providers. It gives a variety of providers within the areas of promoting, buyer relationship administration, public relations, and healthcare. The firm’s providers embrace promoting, branding, content material advertising, company social accountability consulting, disaster communications, customized publishing, knowledge analytics, database administration, digital/direct advertising, digital transformation, leisure advertising, experiential advertising, subject advertising, monetary/company business-to-business promoting, graphic arts/digital imaging, healthcare advertising and communications, and in-store design providers.Further StudyingThis on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected] you make investments $1,000 in Omnicom Group proper now?Before you contemplate Omnicom Group, you will need to hear this.MarketBeat retains monitor of Wall Street’s top-rated and finest performing analysis analysts and the shares they suggest to their purchasers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Omnicom Group wasn’t on the record.While Omnicom Group presently has a “Hold” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.View The 5 Stocks Here
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