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As Omnicom Group (OMC) Shares Declined, Shareholder Welch & Forbes Increased Its Holding; As Franklin Street Pptys (FSP) Shares Declined, Private Management Group Increased by $628,870 Its Stake

Welch & Forbes Llc increased its stake in Omnicom Group Inc (OMC) by 7.94% based on its latest 2017Q3 regulatory filing with the SEC. Welch & Forbes Llc bought 17,561 shares as the company’s stock declined 2.32% while stock markets rallied. The institutional investor held 238,845 shares of the advertising company at the end of 2017Q3, valued at $17.69M, up from 221,284 at the end of the previous reported quarter. Welch & Forbes Llc who had been investing in Omnicom Group Inc for a number of months, seems to be bullish on the $18.15 billion market cap company. The stock increased 1.86% or $1.44 during the last trading session, reaching $78.72. About 4.27 million shares traded or 56.96% up from the average. Omnicom Group Inc. (NYSE:OMC) has risen 1.15% since February 19, 2017 and is uptrending. It has underperformed by 15.55% the S&P500.

Private Management Group Inc increased its stake in Franklin Street Pptys Corp (FSP) by 4.52% based on its latest 2017Q3 regulatory filing with the SEC. Private Management Group Inc bought 62,887 shares as the company’s stock declined 7.76% while stock markets rallied. The institutional investor held 1.46 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $15.46 million, up from 1.39 million at the end of the previous reported quarter. Private Management Group Inc who had been investing in Franklin Street Pptys Corp for a number of months, seems to be bullish on the $936.13M market cap company. The stock increased 2.22% or $0.19 during the last trading session, reaching $8.73. About 651,102 shares traded or 51.54% up from the average. Franklin Street Properties Corp. (NYSEMKT:FSP) has risen 6.10% since February 19, 2017 and is uptrending. It has underperformed by 10.60% the S&P500.

Among 15 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Omnicom had 48 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets on Friday, February 16 to “Buy”. On Wednesday, July 20 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. The firm has “Buy” rating by RBC Capital Markets given on Monday, September 25. The company was downgraded on Tuesday, August 25 by Zacks. The firm earned “Outperform” rating on Wednesday, March 8 by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Monday, September 18 report. The firm earned “Buy” rating on Friday, July 21 by RBC Capital Markets. BMO Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) on Thursday, July 13 with “Hold” rating. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Underperform” rating by Macquarie Research on Tuesday, January 2. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Overweight” rating by JP Morgan on Monday, March 21.

Since October 19, 2017, it had 0 insider buys, and 2 insider sales for $653,858 activity. The insider Sherman Peter K. sold $617,516.

Investors sentiment increased to 1 in 2017 Q3. Its up 0.11, from 0.89 in 2017Q2. It improved, as 56 investors sold OMC shares while 213 reduced holdings. 65 funds opened positions while 203 raised stakes. 230.60 million shares or 2.33% more from 225.35 million shares in 2017Q2 were reported. Palisade Asset Limited has 1.48% invested in Omnicom Group Inc. (NYSE:OMC). Tci Wealth Advsr has 0% invested in Omnicom Group Inc. (NYSE:OMC) for 89 shares. 5,800 are held by Meiji Yasuda Life Ins Co. Teachers Retirement Of The State Of Kentucky has invested 0.02% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Dupont Cap owns 49,492 shares. Meiji Yasuda Asset Mngmt Communications Limited holds 0.09% or 12,848 shares in its portfolio. Winslow Evans Crocker reported 334 shares stake. Rocky Mountain Advisers Limited Liability owns 24 shares or 0.01% of their US portfolio. Integral Derivatives Lc has 3,244 shares. Veritable Limited Partnership has 13,410 shares for 0.02% of their portfolio. Tiaa Cref Mgmt Lc has invested 0.02% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Factory Mutual Ins accumulated 253,100 shares. Regentatlantic Capital has invested 0.09% of its portfolio in Omnicom Group Inc. (NYSE:OMC). M&T Fincl Bank has invested 0.11% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Orrstown Svcs invested in 0% or 31 shares.

Welch & Forbes Llc, which manages about $3.95B and $3.80B US Long portfolio, decreased its stake in Becton Dickinson & Co (NYSE:BDX) by 2,352 shares to 76,389 shares, valued at $14.97 million in 2017Q3, according to the filing. It also reduced its holding in Merck & Co Inc (NYSE:MRK) by 6,795 shares in the quarter, leaving it with 535,933 shares, and cut its stake in Tractor Supply Co (NASDAQ:TSCO).

Private Management Group Inc, which manages about $2.22 billion and $1.89B US Long portfolio, decreased its stake in Ishares Tr (IBB) by 22,894 shares to 28,365 shares, valued at $9.46 million in 2017Q3, according to the filing. It also reduced its holding in Merck & Co Inc (NYSE:MRK) by 219,992 shares in the quarter, leaving it with 43,610 shares, and cut its stake in Travelers Companies Inc (NYSE:TRV).

Among 4 analysts covering Franklin Street Properties (NYSEMKT:FSP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Franklin Street Properties had 9 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Franklin Street Properties Corp. (NYSEAMERICAN:FSP) earned “Buy” rating by Janney Capital on Friday, September 8. The rating was maintained by Wunderlich with “Buy” on Monday, November 2. As per Friday, July 29, the company rating was upgraded by Robert W. Baird. The rating was initiated by BMO Capital Markets on Thursday, September 10 with “Market Perform”. The stock of Franklin Street Properties Corp. (NYSEAMERICAN:FSP) earned “Outperform” rating by Robert W. Baird on Tuesday, August 11. Robert W. Baird downgraded it to “Neutral” rating and $12 target in Thursday, May 4 report. The stock of Franklin Street Properties Corp. (NYSEAMERICAN:FSP) earned “Market Perform” rating by BMO Capital Markets on Monday, August 22.

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