Time To Sell Omnicom Group (NYSE:OMC)? BidaskScore Downgrades Shares Today

Omnicom Group Inc. (NYSE:OMC) Logo

Investors sentiment decreased to 1.11 in 2019 Q2. Its down 0.03, from 1.14 in 2019Q1. It fall, as 47 investors sold Omnicom Group Inc. shares while 195 reduced holdings. 66 funds opened positions while 202 raised stakes. 220.67 million shares or 0.05% less from 220.79 million shares in 2019Q1 were reported.

Foster And Motley invested 0.26% in Omnicom Group Inc. (NYSE:OMC). Daiwa Group holds 0.02% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 30,348 shares. Boussard And Gavaudan Inv Management Llp, a United Kingdom-based fund reported 2,881 shares. Alpha Windward Limited Liability Corporation reported 0.32% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Canada Pension Plan Investment Board holds 3,522 shares or 0% of its portfolio. Victory Mgmt has 0.05% invested in Omnicom Group Inc. (NYSE:OMC). Washington holds 27,565 shares or 0.12% of its portfolio. Nuwave Mgmt Ltd Liability Co has invested 0.11% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Exane Derivatives accumulated 0% or 52,365 shares. Dean Invest Associates Ltd Liability holds 0.45% or 38,464 shares in its portfolio. Bradley Foster And Sargent Ct reported 0.05% stake. Moreover, Great West Life Assurance Can has 0.13% invested in Omnicom Group Inc. (NYSE:OMC) for 717,766 shares. Albert D Mason reported 33,744 shares stake. Umb Financial Bank N A Mo has 38,657 shares for 0.08% of their portfolio. Davenport & Ltd Liability Corp has 26,499 shares for 0.03% of their portfolio.

Omnicom Group (NYSE:OMC) Receives a Downgrade

The past rating for shares of Omnicom Group (NYSE:OMC) is now invalid as BidaskScore has lowered Omnicom Group (NYSE:OMC)‘s stock rating to a Sell.

Omnicom Group Inc. (NYSE:OMC) Ratings Coverage

Among 4 analysts covering Omnicom Group (NYSE:OMC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Omnicom Group has $88 highest and $8100 lowest target. $84.25’s average target is 12.86% above currents $74.65 stock price. Omnicom Group had 7 analyst reports since April 17, 2019 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Wednesday, April 17. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Neutral” rating by Citigroup on Monday, September 9. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, April 17. BMO Capital Markets downgraded the stock to “Market Perform” rating in Monday, July 15 report.

The stock increased 2.02% or $1.48 during the last trading session, reaching $74.65. About 2.18 million shares traded or 24.35% up from the average. Omnicom Group Inc. (NYSE:OMC) has risen 17.35% since October 13, 2018 and is uptrending. It has outperformed by 17.35% the S&P500.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on October, 15. They expect $1.30 earnings per share, up 4.84 % or $0.06 from last year’s $1.24 per share. OMC’s profit will be $282.78 million for 14.36 P/E if the $1.30 EPS becomes a reality. After $1.68 actual earnings per share reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts -22.62 % negative EPS growth.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company has market cap of $16.24 billion. The firm offers a range of services in the areas of advertising, customer relationship management, or CRM, public relations, and specialty communications. It has a 12.54 P/E ratio. The Company’s services comprise advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, environmental design, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare communications, and instore design services.

More notable recent Omnicom Group Inc. (NYSE:OMC) news were published by: Seekingalpha.com which released: “Omnicom Q1 2019 Earnings Preview – Seeking Alpha” on April 15, 2019, also Seekingalpha.com with their article: “Why Omnicom Is More Attractive Than WPP – Seeking Alpha” published on September 26, 2018, Prnewswire.com published: “Jeffrey Moran Joins Ketchum as Managing Director, CPG – PRNewswire” on September 25, 2019. More interesting news about Omnicom Group Inc. (NYSE:OMC) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Omnicom Group Inc. (OMC) – Yahoo Finance” published on June 27, 2019 as well as Prnewswire.com‘s news article titled: “VELOCITY COMMERCE GROUP Launches S2 CommerceView – PRNewswire” with publication date: September 13, 2019.

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

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