Macquarie Grp Limited reported 0.02% in Interpublic Group of Companies Inc (NYSE:IPG). (The) (NYSE:IPG) saw a large increase in short interest during the month of October. The firm recorded a rise in short interest between October 13, 2017 and October 31, 2017 of 24.70%.
Shares of U.S. Bancorp (NYSE:USB) traded up 0.14% in the last session while performance was up 51.68% in the last five days.
Limelight Networks, Inc. has a consensus outperform rating from 5 Wall Street analysts, and the number of shares now sold short amount to at least 0.84% of shares outstanding.
Several research firms have weighed in on IPG. Interpublic Group Cos Inc Com now has $7.30B valuation.
Freestone Capital Holdings Llc increased Pitney Bowes Inc (NYSE:PBI) stake by 1.00M shares to 1.05 million valued at $15.79M in 2017Q2. Jefferies maintained the shares of IPG in report on Monday, August 28 with "Buy" rating.
The Interpublic Group of Companies, Inc is a global advertising and marketing services company. (The) from a "neutral" rating to a "buy" rating in a report on Wednesday, September 6th. Morgan Stanley lowered shares of Interpublic Group of Companies, Inc. The stock presently has a consensus rating of "Hold" and an average price target of $25.77. Zacks Investment Research downgraded Interpublic Group of Companies, Inc. (The) and gave the stock a "buy" rating in a research report on Wednesday, October 11th.
In the most updated research from a number of analysts on Wall Street, the company gets 11 Buys and 1 Sell among 17 analysts.
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In other news, Director H John Greeniaus sold 43,479 shares of the company's stock in a transaction on Friday, November 10th. The stock has a consensus rating of "Buy" and an average target price of $26.64. Also, SVP Ellen Tobi Johnson sold 20,000 shares of the stock in a transaction that occurred on Monday, August 21st. (IPG)'s shares. The total value of these holdings, in millions, is $7,418. The disclosure for this sale can be found here.
A number of institutional investors have recently added to or reduced their stakes in the business. OppenheimerFunds Inc. lifted its stake in Interpublic Group of Companies, Inc. (The) by 0.3% in the second quarter.
The Interpublic Group of Companies, Inc. has a beta of 0.87, offering the possibility of a higher rate of return, but also posing more risk.
Pictet Asset Management Ltd. boosted its position in shares of Interpublic Group of Companies, Inc. (The) by 1.1% in the second quarter. Cornerstone Advisors Inc. now owns 5,159 shares of the company's stock valued at $115,000 after buying an additional 5,065 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in Interpublic Group of Companies, Inc. (The) by 2.7% in the second quarter. Boston Partners now owns 21,969,850 shares of the business services provider's stock valued at $540,459,000 after acquiring an additional 376,427 shares in the last quarter. RBC Capital Markets maintained Interpublic Group of Companies Inc (NYSE:IPG) on Monday, June 12 with "Buy" rating. (The) by 0.8% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,354 shares of the business services provider's stock valued at $722,000 after purchasing an additional 225 shares in the last quarter.
Renaissance Group LLC reports that it increased its position in Interpublic Group of Companies by 6.0% in a 13F filing with the SEC. USB has lost -4.53% in the 1-month period. Institutional investors own 97.84% of the company's stock.
The company is so far trading up by 0.48% since yesterday's close of 18.67. (NYSE:IPG) slipped over -0.64% at $18.67. For IPG, the company now has $704.9 Million of cash on the books, which is offset by $813.7 Million current liabilities. (The) (NYSE:IPG) last posted its quarterly earnings data on Tuesday, October 24th. During the same quarter previous year, the firm earned $0.31 earnings per share. The company now has a Return on Equity of -7.30% and Return on Investment of 6.00%. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.96 billion. The company's revenue for the quarter was down 1.0% on a year-over-year basis. Interpublic Group of Companies, Inc.
COPYRIGHT VIOLATION NOTICE: This report was first posted by TrueBlueTribune and is the property of of TrueBlueTribune. During the same period last year, the business posted $0.31 EPS. sell-side analysts expect that Interpublic Group of Companies, Inc. will post 1.4 earnings per share for the current year.