State Board Of Administration Of Florida Retirement System decreased its stake in Omnicom Group Inc (OMC) by 1.57% based on its latest 2018Q1 regulatory filing with the SEC. State Board Of Administration Of Florida Retirement System sold 5,069 shares as the company’s stock declined 7.86% with the market. The institutional investor held 317,585 shares of the advertising company at the end of 2018Q1, valued at $23.08 million, down from 322,654 at the end of the previous reported quarter. State Board Of Administration Of Florida Retirement System who had been investing in Omnicom Group Inc for a number of months, seems to be less bullish one the $17.09B market cap company. The stock increased 0.25% or $0.19 during the last trading session, reaching $75.17. About 279,767 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.92% since June 13, 2017 and is downtrending. It has underperformed by 26.49% the S&P500. Some Historical OMC News: 20/04/2018 – End of Sorrell’s reign heralds change for big ad empires; 18/04/2018 – FleishmanHillard Expands Southern California Leadership with lsobel Coney; 24/05/2018 – Omnicom Short-Interest Ratio Rises 83% to 19 Days; 22/03/2018 – CMO Today: Zuckerberg Responds; Omnicom Launches Its Own Upfront; YouTube Increases Music Video Ad Load; 06/03/2018 NAFE Names FleishmanHillard One of the 2018 “Top 10 Companies for Executive Women”; 23/03/2018 – Inside J&J’s Effort to Cut Costs and Drive Integration at Ad Firms WPP and Omnicom; 15/04/2018 – Ad king Sorrell’s abdication leaves WPP at crossroads; 27/03/2018 – OMNICOM HEALTH GROUP – ACQUIRED UNIT’S MANAGEMENT TEAM ALSO JOINS EMC, WITH TAKAO OZAWA BEING PROMOTED TO MANAGING DIRECTOR; 17/04/2018 – Ad firm Omnicom’s revenue rises 1.2 pct; 24/05/2018 – Publicis starts test phase of “Marcel” internal network aimed at performance boost
Turtle Creek Asset Management Inc increased its stake in Hd Supply Holdings Inc (HDS) by 21.12% based on its latest 2018Q1 regulatory filing with the SEC. Turtle Creek Asset Management Inc bought 8,900 shares as the company’s stock rose 9.48% while stock markets declined. The institutional investor held 51,050 shares of the consumer services company at the end of 2018Q1, valued at $1.94M, up from 42,150 at the end of the previous reported quarter. Turtle Creek Asset Management Inc who had been investing in Hd Supply Holdings Inc for a number of months, seems to be bullish on the $7.90B market cap company. The stock decreased 0.57% or $0.245 during the last trading session, reaching $42.985. About 515,501 shares traded. HD Supply Holdings, Inc. (NASDAQ:HDS) has declined 2.18% since June 13, 2017 and is downtrending. It has underperformed by 14.75% the S&P500. Some Historical HDS News: 25/04/2018 – S&PGR Upgrds HD Supply Inc. To ‘BB+’; Otlk Stbl; 13/03/2018 – HD SUPPLY HOLDINGS INC HDS.O SEES FY 2018 ADJUSTED SHR $2.99 TO $3.21; 13/03/2018 – HD SUPPLY – PRELIMINARY NET SALES IN FEB WERE ABOUT $391 MLN, WHICH REPRESENTS AVERAGE DAILY SALES GROWTH OF ABOUT 11.7 PCT; 13/03/2018 – HD Supply Holdings Sees FY18 EBIT $815M-EBIT $855M; 14/03/2018 – HD SUPPLY HOLDINGS INC HDS.O : BARCLAYS RAISES TARGET PRICE TO $45 FROM $44; 19/04/2018 – HD SUPPLY HOLDINGS- ON APRIL 18, BOARD ACCEPTED BETSY S. ATKINS’S RESIGNATION AND REDUCED SIZE OF BOARD FROM 9 TO 8 EFFECTIVE WITH HER RESIGNATION; 13/03/2018 – HDS SEES 1Q ADJ EBITDA $174M TO $184M, EST. $173.0M (2 EST.); 13/03/2018 – HD Supply Holdings 4Q Adj EPS 49c; 13/03/2018 – HD SUPPLY 4Q ADJ EBITDA $152M, EST. $141.5M; 25/04/2018 – S&P REVISES HD SUPPLY INC. TO RATING ‘BB+’ FROM ‘BB’; OUTLOOK ‘STABLE’
Another recent and important HD Supply Holdings, Inc. (NASDAQ:HDS) news was published by Livetradingnews.com which published an article titled: “HD Supply Holdings, Inc. (NASDAQ:HDS) Exit at $44.82” on June 06, 2018.
Investors sentiment decreased to 1.11 in Q1 2018. Its down 0.10, from 1.21 in 2017Q4. It fall, as 41 investors sold HDS shares while 95 reduced holdings. 37 funds opened positions while 114 raised stakes. 174.66 million shares or 0.38% less from 175.32 million shares in 2017Q4 were reported. Jacobs Levy Equity Management holds 0.04% or 68,620 shares in its portfolio. Teacher Retirement Sys Of Texas accumulated 0.01% or 39,262 shares. Convergence Investment Prtnrs Ltd Liability Company reported 258 shares. Fuller Thaler Asset reported 3,900 shares or 0% of all its holdings. Credit Suisse Ag reported 307,163 shares. Daiwa Grp Incorporated reported 5,900 shares. Highfields Mgmt Ltd Partnership invested in 1.19% or 3.47M shares. Earnest Partners Llc has 108 shares. Hsbc Public Ltd Co reported 0% stake. Moreover, Korea Invest Corp has 0.02% invested in HD Supply Holdings, Inc. (NASDAQ:HDS) for 95,349 shares. First Commercial Bank Of Omaha invested 0.27% of its portfolio in HD Supply Holdings, Inc. (NASDAQ:HDS). 9,700 are owned by Tributary Cap Mgmt Limited Liability Corp. State Of Alaska Department Of Revenue holds 0.01% or 17,200 shares. Art Advisors Llc holds 90,106 shares or 0.14% of its portfolio. Int Group invested 0% in HD Supply Holdings, Inc. (NASDAQ:HDS).
Turtle Creek Asset Management Inc, which manages about $1.06 billion US Long portfolio, decreased its stake in Tjx Companies Inc (NYSE:TJX) by 38,819 shares to 776,231 shares, valued at $63.31 million in 2018Q1, according to the filing. It also reduced its holding in Ss&C Technologies Holdings Inc (NASDAQ:SSNC) by 241,850 shares in the quarter, leaving it with 1.56M shares, and cut its stake in Open Text Corp (NASDAQ:OTEX).
Among 19 analysts covering HD Supply Holdings (NASDAQ:HDS), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. HD Supply Holdings had 60 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, October 9 by Robert W. Baird. The stock of HD Supply Holdings, Inc. (NASDAQ:HDS) earned “Neutral” rating by Credit Suisse on Friday, September 8. The company was initiated on Friday, August 26 by Macquarie Research. The stock of HD Supply Holdings, Inc. (NASDAQ:HDS) has “Overweight” rating given on Friday, December 18 by KeyBanc Capital Markets. The firm earned “Equal-Weight” rating on Monday, March 21 by Morgan Stanley. Barclays Capital maintained the stock with “Overweight” rating in Monday, October 5 report. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, March 7. The rating was downgraded by Longbow on Monday, July 10 to “Neutral”. The stock has “Outperform” rating by Credit Suisse on Thursday, December 10. The stock of HD Supply Holdings, Inc. (NASDAQ:HDS) has “Hold” rating given on Wednesday, June 7 by Drexel Hamilton.
Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.11, from 0.96 in 2017Q4. It is negative, as 60 investors sold OMC shares while 229 reduced holdings. 66 funds opened positions while 180 raised stakes. 228.18 million shares or 1.27% less from 231.12 million shares in 2017Q4 were reported. Advisor Lc holds 3,929 shares or 0.05% of its portfolio. Caisse De Depot Et Placement Du Quebec invested in 46,431 shares. Ct Mason reported 0.24% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Schroder Gru holds 0.41% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 3.25M shares. Royal Bank Of Canada, a Ontario – Canada-based fund reported 796,123 shares. Stifel reported 64,727 shares stake. The Missouri-based Financial Counselors Inc has invested 0.02% in Omnicom Group Inc. (NYSE:OMC). Orrstown Fincl Services accumulated 0% or 31 shares. Srb holds 0.02% or 2,653 shares in its portfolio. Chicago Equity Prtn Ltd Liability Corporation stated it has 5,205 shares or 0.01% of all its holdings. Jnba has invested 0% in Omnicom Group Inc. (NYSE:OMC). Gsa Prtn Limited Liability Partnership, a United Kingdom-based fund reported 5,008 shares. Old Mutual Customised Solutions (Proprietary) Ltd owns 4,940 shares for 0.04% of their portfolio. Cap One National Association invested in 0.02% or 3,575 shares. Benjamin F Edwards & Company holds 482 shares.
Among 16 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Omnicom had 50 analyst reports since July 23, 2015 according to SRatingsIntel. As per Friday, April 21, the company rating was maintained by Barclays Capital. As per Monday, August 14, the company rating was maintained by Jefferies. Jefferies maintained Omnicom Group Inc. (NYSE:OMC) on Monday, June 5 with “Hold” rating. As per Thursday, July 23, the company rating was upgraded by Argus Research. Jefferies maintained it with “Hold” rating and $78.0 target in Thursday, February 15 report. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Buy” rating by Argus Research on Tuesday, October 31. RBC Capital Markets maintained it with “Buy” rating and $96.0 target in Tuesday, August 22 report. The firm has “Hold” rating given on Monday, October 16 by BMO Capital Markets. Jefferies maintained the stock with “Hold” rating in Monday, September 18 report. The firm has “Hold” rating by BMO Capital Markets given on Monday, January 22.
Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on July, 19. They expect $1.56 earnings per share, up 11.43% or $0.16 from last year’s $1.4 per share. OMC’s profit will be $354.56 million for 12.05 P/E if the $1.56 EPS becomes a reality. After $1.14 actual earnings per share reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts 36.84% EPS growth.
Since February 21, 2018, it had 0 insider buys, and 3 selling transactions for $230,764 activity. $154,758 worth of Omnicom Group Inc. (NYSE:OMC) was sold by Hewitt Dennis E..