Anchor Capital Advisors Lifted Holding in Omnicom Group (OMC) as Market Value Declined; Tt International Raised Stake in Banco Macro Sa (BMA) by $46.47 Million

August 12, 2018 - By Matthew Richard

Banco Macro S.A. (NYSE:BMA) Logo

Tt International increased its stake in Banco Macro Sa (BMA) by 243.49% based on its latest 2018Q1 regulatory filing with the SEC. Tt International bought 434,333 shares as the company’s stock declined 28.88% with the market. The institutional investor held 612,713 shares of the commercial banks company at the end of 2018Q1, valued at $66.15M, up from 178,380 at the end of the previous reported quarter. Tt International who had been investing in Banco Macro Sa for a number of months, seems to be bullish on the $3.76B market cap company. The stock decreased 8.21% or $4.6 during the last trading session, reaching $51.44. About 612,412 shares traded or 60.15% up from the average. Banco Macro S.A. (NYSE:BMA) has declined 8.05% since August 12, 2017 and is downtrending. It has underperformed by 20.62% the S&P500.

Anchor Capital Advisors Llc increased its stake in Omnicom Group Inc (OMC) by 4.85% based on its latest 2018Q1 regulatory filing with the SEC. Anchor Capital Advisors Llc bought 14,656 shares as the company’s stock declined 7.86% with the market. The hedge fund held 316,666 shares of the advertising company at the end of 2018Q1, valued at $23.01M, up from 302,010 at the end of the previous reported quarter. Anchor Capital Advisors Llc who had been investing in Omnicom Group Inc for a number of months, seems to be bullish on the $15.22B market cap company. The stock decreased 0.12% or $0.08 during the last trading session, reaching $67.85. About 1.42 million shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.92% since August 12, 2017 and is downtrending. It has underperformed by 26.49% the S&P500. Some Historical OMC News: 17/04/2018 – Omnicom 1Q Net $264.1M; 09/04/2018 – Porter Novelli to Launch International Rescue Committee’s Displaced Podcast Series; 17/04/2018 – Omnicom Closes Above 200-Day Moving Average: Technicals; 17/04/2018 – Omnicom holds steady in tough market for advertising groups; 06/03/2018 NAFE Names FleishmanHillard One of the 2018 “Top 10 Companies for Executive Women”; 27/03/2018 – OMNICOM HEALTH GROUP BUYS ELSEVIER’S PHARMA COMMUNICATIONS; 23/05/2018 – Porter Novelli enlisted to support The Economist’s Pride and Prejudice Event; 08/03/2018 – BBDO New York Launches “It’s Time To Redefine” Public Awareness Campaign; 17/04/2018 – Ad firm Omnicom’s revenue rises 1.2 pct; 27/03/2018 – Omnicom Health Group Acquires Elsevier’s Pharma Communications Business In Japan, Rebrands As EMC K.K

Since February 21, 2018, it had 0 insider buys, and 5 sales for $270,905 activity. RICE LINDA JOHNSON sold $38,426 worth of stock.

Anchor Capital Advisors Llc, which manages about $8.51 billion and $2.87B US Long portfolio, decreased its stake in Quanex Building Products Cor (NYSE:NX) by 95,653 shares to 31,963 shares, valued at $556,000 in 2018Q1, according to the filing. It also reduced its holding in Dollar Gen Corp New (NYSE:DG) by 6,017 shares in the quarter, leaving it with 283,083 shares, and cut its stake in Qualcomm Inc (NASDAQ:QCOM).

Among 17 analysts covering Omnicom (NYSE:OMC), 3 have Buy rating, 2 Sell and 12 Hold. Therefore 18% are positive. Omnicom had 53 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, April 21 by Barclays Capital. On Friday, February 16 the stock rating was downgraded by RBC Capital Markets to “Hold”. Credit Suisse maintained Omnicom Group Inc. (NYSE:OMC) rating on Wednesday, October 18. Credit Suisse has “Neutral” rating and $80 target. As per Friday, February 16, the company rating was upgraded by Macquarie Research. Jefferies maintained Omnicom Group Inc. (NYSE:OMC) on Thursday, February 15 with “Hold” rating. The company was maintained on Monday, September 18 by Jefferies. The rating was maintained by Wells Fargo on Wednesday, July 18 with “Market Perform”. RBC Capital Markets maintained the shares of OMC in report on Tuesday, June 20 with “Buy” rating. The company was downgraded on Tuesday, August 25 by Zacks. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Buy” rating by RBC Capital Markets on Wednesday, April 12.

More news for Omnicom Group Inc. (NYSE:OMC) were recently published by: Fool.com, which released: “Why Omnicom, UnitedHealth Group, and Goldman Sachs Slumped Today” on July 17, 2018. Nasdaq.com‘s article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Omnicom Group, Ironwood Pharmaceuticals …” and published on August 09, 2018 is yet another important article.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.11, from 0.96 in 2017Q4. It turned 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. Hamilton Point Investment Limited Liability Co stated it has 0.89% of its portfolio in Omnicom Group Inc. (NYSE:OMC). 20,500 are owned by Apg Asset Nv. Moreover, Ww Asset Management has 0.06% invested in Omnicom Group Inc. (NYSE:OMC). Oppenheimer Asset Management reported 122,720 shares or 0.22% of all its holdings. Comgest Global Investors Sas has invested 0.08% in Omnicom Group Inc. (NYSE:OMC). Coastline Trust Com holds 0.36% in Omnicom Group Inc. (NYSE:OMC) or 32,355 shares. Centre Asset Ltd Liability Com has 87,580 shares. The Illinois-based Ubs Asset Mgmt Americas has invested 0% in Omnicom Group Inc. (NYSE:OMC). Bbva Compass Bancorporation Inc invested 0.03% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Boston & Incorporated has invested 1.35% in Omnicom Group Inc. (NYSE:OMC). Employees Retirement Systems Of Texas reported 46,900 shares stake. Pennsylvania-based First Trust has invested 0.03% in Omnicom Group Inc. (NYSE:OMC). Covenant Multifamily Offices Lc reported 29,533 shares or 1.29% of all its holdings. Barclays Public Limited Company reported 0.04% stake. Pinnacle Associates Limited reported 7,686 shares stake.

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

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