M&T Bank Upped Its Omnicom Group (OMC) Holding; Barratt Developments plc (LON:BDEV) Had 12 Bulls

June 19, 2018 - By Marie Mckinney

Barratt Developments plc (LON:BDEV) Logo

M&T Bank Corp increased Omnicom Group Inc (OMC) stake by 3.96% reported in 2018Q1 SEC filing. M&T Bank Corp acquired 12,013 shares as Omnicom Group Inc (OMC)’s stock declined 7.86%. The M&T Bank Corp holds 315,724 shares with $22.94M value, up from 303,711 last quarter. Omnicom Group Inc now has $17.07 billion valuation. The stock decreased 0.61% or $0.4625 during the last trading session, reaching $75.0975. About 865,719 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.92% since June 19, 2017 and is downtrending. It has underperformed by 26.49% the S&P500. Some Historical OMC News: ; 17/04/2018 – Omnicom 1Q EBITA $449.2M; 15/03/2018 – TBWA Dominates Dubai Lynx International Festival Of Creativity; 21/04/2018 – DJ Omnicom Group Inc, Inst Holders, 1Q 2018 (OMC); 22/03/2018 – Omnicom Hosts Its Own Upfront, Turning Table on Media Sellers; 30/05/2018 – Publicité-Sorrell fait son “comeback” après son départ de WPP; 12/04/2018 – OMNICOM TO COMBINE CHAIRMAN AND CEO ROLES; 17/04/2018 – Omnicom Closes Above 200-Day Moving Average: Technicals; 22/05/2018 – Adweek: HSBC Awards Global Media Business to Omnicom’s PHD; 03/05/2018 – FleishmanHillard Appoints Janise Murphy Chief Practice Officer; 17/04/2018 – Omnicom 1Q Income Tax Expense Reduced by $13M

Among 19 analysts covering Barratt Developments PLC (LON:BDEV), 12 have Buy rating, 2 Sell and 5 Hold. Therefore 63% are positive. Barratt Developments PLC had 258 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained Barratt Developments plc (LON:BDEV) on Tuesday, April 18 with “Buy” rating. The rating was maintained by Liberum Capital with “Sell” on Monday, February 1. The rating was maintained by Deutsche Bank with “Buy” on Thursday, November 23. The company was maintained on Friday, October 9 by Deutsche Bank. As per Thursday, September 8, the company rating was maintained by Deutsche Bank. Deutsche Bank maintained Barratt Developments plc (LON:BDEV) rating on Thursday, May 12. Deutsche Bank has “Buy” rating and GBX 667 target. The firm has “Hold” rating given on Wednesday, February 24 by Shore Capital. The stock of Barratt Developments plc (LON:BDEV) earned “Sell” rating by Liberum Capital on Thursday, January 12. The firm earned “Hold” rating on Thursday, January 11 by Peel Hunt. The firm earned “Buy” rating on Friday, September 2 by Deutsche Bank. See Barratt Developments plc (LON:BDEV) latest ratings:

06/06/2018 Broker: Deutsche Bank Rating: Buy Maintain
01/06/2018 Broker: JP Morgan Rating: Overweight New Target: GBX 650.00 Upgrade
25/05/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 525.00 New Target: GBX 525.00 Maintain
11/05/2018 Broker: JP Morgan Rating: Neutral Maintain
10/05/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 702.00 New Target: GBX 715.00 Reiteration
10/05/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 680.00 Maintain
10/05/2018 Broker: Shore Capital Rating: Sell Old Target: GBX 520.00 Maintain
10/05/2018 Broker: Liberum Capital Rating: Hold New Target: GBX 525.00 Maintain
25/04/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 525.00 Maintain
19/04/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 670.00 New Target: GBX 680.00 Upgrade

Since February 21, 2018, it had 0 insider purchases, and 3 sales for $230,764 activity. On Tuesday, February 27 RICE LINDA JOHNSON sold $38,426 worth of Omnicom Group Inc. (NYSE:OMC) or 498 shares. 2,000 Omnicom Group Inc. (NYSE:OMC) shares with value of $154,758 were sold by Hewitt Dennis E..

More news for Omnicom Group Inc. (NYSE:OMC) were recently published by: Prnewswire.com, which released: “TBWA\India Awarded Cannes Health Grand Prix For Good” on June 19, 2018. Nasdaq.com‘s article titled: “Is Facebook-Google Ad Duopoly Under Threat as Amazon Gains Steam?” and published on June 18, 2018 is yet another important article.

M&T Bank Corp decreased M & T Bk Corp (NYSE:MTB) stake by 36,820 shares to 1.02M valued at $187.63 million in 2018Q1. It also reduced Old Rep Intl Corp (NYSE:ORI) stake by 17,055 shares and now owns 1.69M shares. Brighthouse Finl Inc was reduced too.

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. The stock of Omnicom Group Inc. (NYSE:OMC) has “Neutral” rating given on Friday, February 16 by Macquarie Research. The firm has “Hold” rating given on Monday, October 16 by BMO Capital Markets. RBC Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) on Monday, September 25 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, November 22. As per Monday, July 17, the company rating was maintained by Wells Fargo. BMO Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) on Monday, January 22 with “Hold” rating. The company was downgraded on Thursday, April 14 by Wells Fargo. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Neutral” rating by Credit Suisse on Thursday, September 15. The firm earned “Buy” rating on Tuesday, October 31 by Argus Research. Barclays Capital maintained Omnicom Group Inc. (NYSE:OMC) rating on Friday, April 21. Barclays Capital has “Hold” rating and $86 target.

Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.11, from 0.96 in 2017Q4. It worsened, 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. Liberty Mutual Group Asset Inc has invested 0.02% in Omnicom Group Inc. (NYSE:OMC). Greenleaf Tru has 9,966 shares for 0.01% of their portfolio. Security Savings Bank Of Sioux City Iowa Ia invested in 0.87% or 12,745 shares. Fuller And Thaler Asset Mngmt Inc owns 1,700 shares for 0% of their portfolio. Moreover, Van Strum Towne has 2.45% invested in Omnicom Group Inc. (NYSE:OMC) for 48,029 shares. Euclidean Mngmt Llc has invested 2.1% in Omnicom Group Inc. (NYSE:OMC). Garde Cap Inc holds 0.13% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 10,000 shares. Evanston Investments Inc Dba Evanston Advisors stated it has 1.99% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Metropolitan Life New York invested in 0% or 46,506 shares. Donaldson Mngmt Lc holds 0.03% or 3,750 shares. Rhumbline Advisers holds 466,097 shares or 0.07% of its portfolio. Umb Bank & Trust N A Mo has 0.03% invested in Omnicom Group Inc. (NYSE:OMC). Tocqueville Asset Mngmt Lp invested 0.05% in Omnicom Group Inc. (NYSE:OMC). Alpha Windward Limited Liability Company holds 650 shares or 0.03% of its portfolio. Ftb, Tennessee-based fund reported 34,825 shares.

Barratt Developments PLC engages in the housebuilding and commercial development businesses in Great Britain. The company has market cap of 5.53 billion GBP. It acquires and develops land; plans, designs, and constructs residential properties, such as apartments, penthouses, and communities; and develops and sells homes. It has a 8.83 P/E ratio. The firm provides homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.

The stock decreased 1.73% or GBX 9.6 during the last trading session, reaching GBX 546.4. About 3.77 million shares traded. Barratt Developments plc (LON:BDEV) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>