Omnicom Group Inc. (NYSE:OMC) was the target of some unusual options trading on Thursday. Stock investors acquired 5,164 put options on the company. This is an increase of 1,827% compared to the average volume of 268 put options.

A number of research analysts recently weighed in on OMC shares. Jefferies Group reissued a “hold” rating and issued a $82.00 price objective on shares of Omnicom Group in a research note on Thursday, September 21st. Zacks Investment Research downgraded Omnicom Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Credit Suisse Group cut their price objective on Omnicom Group from $79.00 to $78.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 11th. Morgan Stanley downgraded Omnicom Group from an “equal weight” rating to an “underweight” rating and set a $72.00 price target on the stock. in a research report on Monday, October 16th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $85.00 price target on shares of Omnicom Group in a research report on Wednesday, October 18th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. Omnicom Group presently has a consensus rating of “Hold” and an average price target of $84.36.

In related news, Director Linda Johnson Rice sold 489 shares of the firm’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $74.32, for a total value of $36,342.48. Following the transaction, the director now directly owns 7,777 shares of the company’s stock, valued at approximately $577,986.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Peter K. Sherman sold 8,310 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $74.31, for a total value of $617,516.10. Following the completion of the transaction, the insider now directly owns 21,271 shares in the company, valued at $1,580,648.01. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the company. Swiss National Bank grew its holdings in shares of Omnicom Group by 0.3% during the 3rd quarter. Swiss National Bank now owns 859,077 shares of the business services provider’s stock worth $63,632,000 after purchasing an additional 2,200 shares in the last quarter. Cambridge Trust Co. acquired a new stake in shares of Omnicom Group during the 3rd quarter worth approximately $319,000. Prudential Financial Inc. grew its holdings in shares of Omnicom Group by 47.5% during the 3rd quarter. Prudential Financial Inc. now owns 478,517 shares of the business services provider’s stock worth $35,444,000 after purchasing an additional 154,103 shares in the last quarter. Lingohr & Partner Asset Management GmbH acquired a new stake in shares of Omnicom Group during the 3rd quarter worth approximately $940,000. Finally, 361 Capital LLC acquired a new stake in shares of Omnicom Group during the 3rd quarter worth approximately $3,288,000. 98.58% of the stock is currently owned by institutional investors.

Omnicom Group (NYSE:OMC) opened at $75.92 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $17,133.19, a P/E ratio of 15.12, a price-to-earnings-growth ratio of 1.98 and a beta of 1.23. Omnicom Group has a 1 year low of $65.32 and a 1 year high of $87.43.

Omnicom Group (NYSE:OMC) last issued its quarterly earnings results on Tuesday, October 17th. The business services provider reported $1.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.03. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.69 billion. Omnicom Group had a return on equity of 42.11% and a net margin of 7.72%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.06 EPS. equities analysts anticipate that Omnicom Group will post 5.11 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, December 19th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Monday, December 18th. This is a positive change from Omnicom Group’s previous quarterly dividend of $0.55. Omnicom Group’s dividend payout ratio (DPR) is presently 47.81%.

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About Omnicom Group

Omnicom Group Inc is a holding company. The Company provides advertising, marketing and corporate communications services. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications.

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