Published: Sat, January 13, 2018
Business | By Tara Barton

Has $13.02 Million Holdings in Interpublic Group of Companies Inc (NYSE:IPG)


(IPG) most recent 13F filing, the company has 62 new institutional holders - accounting for 5.75 million shares of its common stock. The institutional investor held 1.48 million shares of the natural gas distribution company at the end of 2017Q3, valued at $61.51 million, up from 1.19M at the end of the previous reported quarter.

Returns and Valuations for Twenty-First Century Fox, Inc. The stock increased 1.53% or $0.32 during the last trading session, reaching $21.22. The total number of shares traded in the last 12 months is 3.25 million. Lombard Odier Asset Mgmt (Switzerland) Sa has invested 0.24% in The Interpublic Group of Companies, Inc. (NYSE:IPG) has risen 3.01% since January 10, 2017 and is uptrending. It has underperformed by 13.69% the S&P500.

Duncker Streett & Company Inc increased its stake in Visa Inc (V) by 61.78% based on its latest 2017Q3 regulatory filing with the SEC. Capstone Investment Advisors Netherlands B.V. now owns 4,775 shares of the business services provider's stock valued at $117,000 after buying an additional 1,254 shares during the period. The stock increased 0.39% or $0.08 during the last trading session, reaching $20.39. Moreover, Lyrical Asset Management Lp has 4.12% invested in the company for 3.03 million shares. Medtronic plc (NYSE:MDT) has risen 4.04% since January 13, 2017 and is uptrending. It has underperformed by 29.20% the S&P500.

Investors sentiment increased to 1.61 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2.

Want to see what other hedge funds are holding IPG? 64 funds opened positions while 159 raised stakes. Wms Prtnrs Lc holds 6,703 shares. In the past 3-month period alone, shares of IPG have appreciated -0.73 - or -3.47%. Fisher Asset Mngmt invested in 188,912 shares. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Interpublic Group of Companies by 1.0% during the 2nd quarter.

The Interpublic Group of Companies, Inc. has distance from 20-day Simple Moving Average (SMA20) of 5.79%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of -2.59%. 727,864 are held by Royal Comml Bank Of Canada. Davidson Advsrs holds 0.03% or 5,836 shares in its portfolio. Utd Capital Fincl Advisers Limited holds 339,690 shares. National Pension Service accumulated 0.06% or 491,703 shares. Gargoyle Advisor Limited Liability Company accumulated 72,431 shares. (NYSE:IPG). Ngam Advisors LP stated it has 0.03% of its portfolio in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 24,125 shares. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.

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It worsened, as 43 investors sold CVX shares while 696 reduced holdings. 84 funds opened positions while 363 raised stakes. The company reported $1.90 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.80 by $0.10.

The Interpublic Group of Companies, Inc is a global advertising and marketing services company.

Since September 14, 2017, it had 0 buys, and 6 sales for $23.60 million activity. About 452,611 shares traded. The shares recently went up by 2.90% or $0.59 and now trades at $20.90. Therefore 52% are positive. Zacks Investment Research lowered shares of Interpublic Group of Companies from a "hold" rating to a "sell" rating in a report on Friday, October 27th. Jefferies maintained the shares of IPG in report on Monday, August 28 with "Buy" rating. The Interpublic Group of Companies, Inc. The firm has "Buy" rating given on Monday, October 16 by BMO Capital Markets. Wells Fargo maintained the shares of IPG in report on Monday, July 17 with "Buy" rating. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Thursday, July 13 with "Buy".

Amg Funds Llc decreased Qualcomm Inc (NASDAQ:QCOM) stake by 12,368 shares to 14,951 valued at $775,000 in 2017Q3. (NYSE:V) for 55,000 shares. Eaton Vance Corp (NYSE:EV) was raised too.

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Its up 0.22, from 0.9 in 2017Q2. It fall, as 87 investors sold NKE shares while 457 reduced holdings. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Farmers And Merchants reported 0.37% in NIKE, Inc. Catalyst Advsr Ltd invested in 0.11% or 122,075 shares. Dudley Shanley Ltd Llc reported 934,450 shares. It also reduced its holding in Brookfield Infrastructure Part (NYSE:BIP) by 51,200 shares in the quarter, leaving it with 838,331 shares, and cut its stake in Lantheus Holdings Inc. Verition Fund Mgmt Limited Liability Corp owns 0.02% invested in Pandora Media, Inc. (NYSE:IPG) for 19,253 shares. New Mexico Educational Retirement Board reported 36,716 shares or 0.04% of all its holdings. Bb&T Ltd Liability has 27,212 shares for 0.01% of their portfolio. (NYSE:IPG) for 438,312 shares. Bancshares Of America De reported 0% stake. Tci Wealth owns 54 shares or 0% of their USA portfolio. Federated Investors Pa invested in 0% or 10,046 shares.

When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), IPG is given a 2.30 while 3.00 placed for CENX. Therefore 65% are positive. Enbridge Inc. had 22 analyst reports since August 4, 2015 according to SRatingsIntel. The company now has a consensus rating of "Hold" and a consensus price target of $25.77. The firm has "Sell" rating by Vetr given on Wednesday, August 5. Wolfe Research maintained Enbridge Inc. (NYSE:P) on Monday, June 26 with "Hold" rating. As per Tuesday, October 31, the company rating was downgraded by Argus Research. The rating was upgraded by Albert Fried on Friday, July 24 to "Overweight".

The most recent open market insider trade was Sell of 43,479 shares on a day where the closing price was 19. Morgan Stanley has "Equal-Weight" rating and $60 target. The stock has "Hold" rating by FBR Capital on Friday, June 30. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Friday, October 23.

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