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As Bio (TECH) Stock Price Rose, Rowland & Company Investment Counsel Cut Its Holding by $251.72 Million; Professional Advisory Services Maintains Holding in Omnicom Group (OMC)

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Rowland & Company Investment Counsel decreased its stake in Bio (TECH) by 8.81% based on its latest 2017Q4 regulatory filing with the SEC. Rowland & Company Investment Counsel sold 1,930 shares as the company’s stock rose 14.38% while stock markets declined. The institutional investor held 19,970 shares of the biological products (no diagnostic substances) company at the end of 2017Q4, valued at $2.60B, down from 21,900 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Bio for a number of months, seems to be less bullish one the $5.69 billion market cap company. The stock decreased 0.23% or $0.35 during the last trading session, reaching $151.42. About 8,975 shares traded. Bio-Techne Corporation (NASDAQ:TECH) has risen 45.31% since May 17, 2017 and is uptrending. It has outperformed by 33.76% the S&P500.

Professional Advisory Services Inc increased its stake in Omnicom Group (OMC) by 9.83% based on its latest 2017Q4 regulatory filing with the SEC. Professional Advisory Services Inc bought 16,777 shares as the company’s stock declined 1.21% with the market. The institutional investor held 187,439 shares of the advertising company at the end of 2017Q4, valued at $13.65 million, up from 170,662 at the end of the previous reported quarter. Professional Advisory Services Inc who had been investing in Omnicom Group for a number of months, seems to be bullish on the $17.02 billion market cap company. The stock increased 0.13% or $0.1 during the last trading session, reaching $74.89. About 44,388 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since May 17, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 16 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Omnicom had 49 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets downgraded Omnicom Group Inc. (NYSE:OMC) on Friday, February 16 to “Hold” rating. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 18. Telsey Advisory Group maintained Omnicom Group Inc. (NYSE:OMC) rating on Wednesday, July 20. Telsey Advisory Group has “Market Perform” rating and $86 target. Macquarie Research upgraded the stock to “Neutral” rating in Friday, February 16 report. The rating was upgraded by BMO Capital Markets to “Buy” on Friday, February 16. The stock has “Buy” rating by RBC Capital Markets on Tuesday, August 22. Telsey Advisory Group upgraded the shares of OMC in report on Wednesday, October 18 to “Outperform” rating. The firm has “Overweight” rating by JP Morgan given on Monday, March 21. The rating was upgraded by Argus Research on Tuesday, October 31 to “Buy”. BMO Capital Markets maintained it with “Hold” rating and $80.0 target in Monday, January 22 report.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.04, from 1 in 2017Q3. It dived, as 56 investors sold OMC shares while 223 reduced holdings. 88 funds opened positions while 180 raised stakes. 231.12 million shares or 0.22% more from 230.60 million shares in 2017Q3 were reported. Regions Corp accumulated 0.33% or 424,122 shares. Sigma Planning holds 5,778 shares. Ontario – Canada-based Toronto Dominion Comml Bank has invested 0.03% in Omnicom Group Inc. (NYSE:OMC). Hays Advisory Limited Com holds 27,943 shares or 0.72% of its portfolio. Quantum Capital Mgmt owns 16,888 shares for 0.29% of their portfolio. Fred Alger Mgmt Inc accumulated 247 shares. First Merchants Corp holds 0.38% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 30,440 shares. Atria Lc invested in 0.02% or 5,136 shares. Willingdon Wealth Mngmt invested 0% in Omnicom Group Inc. (NYSE:OMC). New Jersey-based Fincl Architects has invested 0.01% in Omnicom Group Inc. (NYSE:OMC). State Treasurer State Of Michigan has 67,618 shares for 0.04% of their portfolio. Oakworth Capital holds 473 shares. Congress Asset Management Ma holds 0.05% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 50,929 shares. Morgan Stanley stated it has 0.01% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Van Strum And Towne Incorporated reported 48,496 shares.

Professional Advisory Services Inc, which manages about $474.18M US Long portfolio, decreased its stake in Stryker (NYSE:SYK) by 4,963 shares to 122,988 shares, valued at $19.04M in 2017Q4, according to the filing. It also reduced its holding in Dollar General (NYSE:DG) by 85,527 shares in the quarter, leaving it with 154,274 shares, and cut its stake in Accenture Plc (NYSE:ACN).

Another recent and important Omnicom Group Inc. (NYSE:OMC) news was published by Seekingalpha.com which published an article titled: “Omnicom centralizes branding/research in new group” on April 18, 2018.

Since December 11, 2017, it had 0 buys, and 4 sales for $848,280 activity. RICE LINDA JOHNSON had sold 499 shares worth $37,580. Sherman Peter K. had sold 8,310 shares worth $617,516 on Monday, December 11.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.23, from 1.21 in 2017Q3. It worsened, as 27 investors sold TECH shares while 88 reduced holdings. 34 funds opened positions while 79 raised stakes. 35.53 million shares or 1.06% less from 35.91 million shares in 2017Q3 were reported. Jpmorgan Chase & holds 0% or 43,094 shares in its portfolio. The New York-based Hudson Bay Capital Management LP has invested 0.22% in Bio-Techne Corporation (NASDAQ:TECH). Nuveen Asset Mngmt Ltd Liability Corp reported 1,983 shares stake. Brown Brothers Harriman & invested in 0% or 25 shares. Massachusetts Services Ma accumulated 87,605 shares. Spark Invest Limited Com invested in 0.03% or 4,500 shares. Morgan Stanley has invested 0% in Bio-Techne Corporation (NASDAQ:TECH). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 2,069 shares or 0% of all its holdings. M&T Bancshares Corp owns 3,643 shares. Moreover, Us Bancorporation De has 0.02% invested in Bio-Techne Corporation (NASDAQ:TECH) for 59,136 shares. Arizona State Retirement Sys reported 26,966 shares or 0.03% of all its holdings. Dimensional Fund Advisors LP holds 203,188 shares. Citadel Advisors has 0.03% invested in Bio-Techne Corporation (NASDAQ:TECH) for 416,736 shares. Underhill Invest Lc holds 1,900 shares or 0.12% of its portfolio. Columbia Wanger Asset Mngmt, a Illinois-based fund reported 264,889 shares.

Rowland & Company Investment Counsel, which manages about $228.64M and $255.24B US Long portfolio, upped its stake in Fluor Corporation (NYSE:FLR) by 3,460 shares to 11,230 shares, valued at $582.07 million in 2017Q4, according to the filing. It also increased its holding in Zebra Technologies Class A (NASDAQ:ZBRA) by 1,415 shares in the quarter, for a total of 23,373 shares, and has risen its stake in Emerson Electric Co (NYSE:EMR).

Since February 13, 2018, it had 0 insider buys, and 2 sales for $845,235 activity. Another trade for 5,000 shares valued at $680,303 was sold by Dinarello Charles A.

More notable recent Bio-Techne Corporation (NASDAQ:TECH) news were published by: Investingnews.com which released: “5 Top Weekly NASDAQ Tech Stocks: Index Shifts Gear” on May 13, 2018, also Investingnews.com with their article: “5 Top Weekly NASDAQ Tech Stocks: Index Dip Continues” published on May 07, 2018, Forbes.com published: “New High For Apple But These 5 Other Nasdaq Favorites Failed To Get There” on May 05, 2018. More interesting news about Bio-Techne Corporation (NASDAQ:TECH) were released by: Fool.com and their article: “Better Know Biotech: 2 Stocks You Ought to Know About” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Bio-Techne (TECH) Q3 2018 Results – Earnings Call Transcript” with publication date: May 02, 2018.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart

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