Geneos Wealth Management Inc. Has $217,000 Holdings in Omnicom Group Inc. (NYSE:OMC)

Geneos Wealth Management Inc. grew its position in Omnicom Group Inc. (NYSE:OMC) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,523 shares of the business services provider’s stock after purchasing an additional 161 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Omnicom Group were worth $217,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. ST Germain D J Co. Inc. bought a new stake in Omnicom Group during the fourth quarter valued at $25,000. Versant Capital Management Inc boosted its position in shares of Omnicom Group by 645.2% during the 4th quarter. Versant Capital Management Inc now owns 313 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 271 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in Omnicom Group during the third quarter worth approximately $33,000. Davis Capital Management acquired a new position in Omnicom Group in the third quarter valued at approximately $36,000. Finally, HM Payson & Co. boosted its holdings in shares of Omnicom Group by 84.5% during the 3rd quarter. HM Payson & Co. now owns 369 shares of the business services provider’s stock worth $38,000 after buying an additional 169 shares in the last quarter. 91.97% of the stock is currently owned by institutional investors and hedge funds.

Omnicom Group Price Performance

Omnicom Group stock opened at $86.96 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.37. The business’s 50 day simple moving average is $91.23 and its 200 day simple moving average is $96.37. Omnicom Group Inc. has a 12 month low of $81.42 and a 12 month high of $107.00. The company has a market cap of $16.97 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.88 and a beta of 0.98.

Omnicom Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 20th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.22%. The ex-dividend date was Friday, December 20th. Omnicom Group’s dividend payout ratio (DPR) is currently 38.25%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OMC shares. UBS Group raised their target price on Omnicom Group from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Barclays reduced their price target on shares of Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Macquarie reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Omnicom Group in a research note on Wednesday, December 11th. JPMorgan Chase & Co. decreased their target price on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Wells Fargo & Company cut their price target on Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.25.

Omnicom Group Profile

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.