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Investment House Lowered Omnicom Group (OMC) Stake By $2.30 Million; Last Week Manulife Financial (TSE:MFC) Coverage

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Investment House Llc decreased Omnicom Group Inc (OMC) stake by 55.43% reported in 2017Q4 SEC filing. Investment House Llc sold 32,010 shares as Omnicom Group Inc (OMC)’s stock declined 1.21%. The Investment House Llc holds 25,738 shares with $1.87 million value, down from 57,748 last quarter. Omnicom Group Inc now has $17.07 billion valuation. The stock increased 0.19% or $0.145 during the last trading session, reaching $75.105. About 364,966 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since May 21, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 6 analysts covering Manulife Financial Corp. (TSE:MFC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Manulife Financial Corp. had 30 analyst reports since October 28, 2015 according to SRatingsIntel. Dundee Securities maintained Manulife Financial Corporation (TSE:MFC) on Wednesday, September 21 with “Buy” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 10 report. BMO Capital Markets maintained the shares of MFC in report on Friday, November 10 with “Outperform” rating. The firm earned “Outperform” rating on Friday, February 10 by Scotia Capital. See Manulife Financial Corporation (TSE:MFC) latest ratings:

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. The rating was maintained by Wells Fargo on Monday, July 17 with “Hold”. The firm has “Neutral” rating given on Wednesday, April 19 by Wedbush. As per Thursday, July 13, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained the shares of OMC in report on Monday, January 22 with “Hold” rating. As per Wednesday, September 6, the company rating was upgraded by Citigroup. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Equal-Weight” rating by Barclays Capital on Wednesday, April 20. Jefferies maintained it with “Hold” rating and $82.0 target in Thursday, October 19 report. As per Tuesday, October 31, the company rating was upgraded by Argus Research. BMO Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. JP Morgan maintained the stock with “Overweight” rating in Monday, March 21 report.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on July, 19. They expect $1.57 EPS, up 12.14% or $0.17 from last year’s $1.4 per share. OMC’s profit will be $356.85M for 11.96 P/E if the $1.57 EPS becomes a reality. After $1.14 actual EPS reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts 37.72% EPS growth.

Since December 11, 2017, it had 0 insider purchases, and 4 selling transactions for $848,280 activity. Hewitt Dennis E. also sold $154,758 worth of Omnicom Group Inc. (NYSE:OMC) shares. $617,516 worth of stock was sold by Sherman Peter K. on Monday, December 11. 498 shares were sold by RICE LINDA JOHNSON, worth $38,426.

Investment House Llc increased Southwest Airls Co (NYSE:LUV) stake by 11,160 shares to 20,390 valued at $1.34 million in 2017Q4. It also upped International Business Machs (NYSE:IBM) stake by 2,104 shares and now owns 40,864 shares. Ishares Tr (IBB) was raised too.

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. Savant Capital holds 0.04% or 2,750 shares in its portfolio. Quantbot Techs LP holds 0.1% in Omnicom Group Inc. (NYSE:OMC) or 15,116 shares. Public Employees Retirement Association Of Colorado accumulated 0.02% or 42,926 shares. Sumitomo Mitsui Holdings has 0.06% invested in Omnicom Group Inc. (NYSE:OMC). Levin Cap Strategies Lp holds 50,178 shares or 0.06% of its portfolio. 3,101 were accumulated by Putnam Ltd Liability Company. Hbk Sorce Advisory Ltd Liability Company invested 0.05% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Old Mutual Glob Invsts (Uk) holds 0.01% or 9,600 shares. Fire Group reported 0.07% in Omnicom Group Inc. (NYSE:OMC). Everence Cap Management Inc holds 0.2% in Omnicom Group Inc. (NYSE:OMC) or 12,295 shares. California-based Pacific Glob Invest Company has invested 0.05% in Omnicom Group Inc. (NYSE:OMC). Veritable Limited Partnership holds 11,530 shares or 0.02% of its portfolio. Nottingham reported 0.03% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Moreover, Raymond James And Associates has 0.08% invested in Omnicom Group Inc. (NYSE:OMC). Louisiana State Employees Retirement invested in 14,000 shares.

Another recent and important Omnicom Group Inc. (NYSE:OMC) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Iron Mountain, KLA-Tencor, New Residential Investment, Nucor, Omnicom …” on May 08, 2018.

Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company has market cap of $49.24 billion. It offers various individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It has a 25.06 P/E ratio. The firm also provides pension contracts and mutual fund services and products; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products.

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

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