Interpublic Group of Companies, Inc. (The) (NYSE:IPG) Director H John Greeniaus sold 43,479 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $19.00, for a total transaction of $826,101.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Interpublic Group of Companies, Inc. (IPG) opened at $18.64 on Wednesday. The stock has a market cap of $7,255.32, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 1.15 and a beta of 1.46. Interpublic Group of Companies, Inc. has a twelve month low of $18.46 and a twelve month high of $25.71. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.93 and a quick ratio of 0.93.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG) last announced its quarterly earnings results on Tuesday, October 24th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.96 billion. Interpublic Group of Companies, Inc. (The) had a return on equity of 27.38% and a net margin of 7.43%. Interpublic Group of Companies, Inc. (The)’s revenue was down 1.0% on a year-over-year basis. During the same period last year, the business earned $0.31 EPS. equities analysts expect that Interpublic Group of Companies, Inc. will post 1.4 earnings per share for the current year.

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Several analysts have issued reports on the stock. Argus cut shares of Interpublic Group of Companies, Inc. (The) from a “buy” rating to a “hold” rating and set a $27.00 target price on the stock. in a research note on Tuesday, October 31st. Zacks Investment Research lowered shares of Interpublic Group of Companies, Inc. (The) from a “hold” rating to a “sell” rating in a report on Friday, October 27th. BMO Capital Markets decreased their price target on shares of Interpublic Group of Companies, Inc. (The) from $26.00 to $25.00 and set an “outperform” rating on the stock in a report on Thursday, October 26th. Royal Bank Of Canada reissued a “hold” rating on shares of Interpublic Group of Companies, Inc. (The) in a report on Wednesday, October 25th. Finally, Wells Fargo & Company reissued a “buy” rating on shares of Interpublic Group of Companies, Inc. (The) in a report on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.77.

Institutional investors have recently made changes to their positions in the business. Acrospire Investment Management LLC grew its holdings in Interpublic Group of Companies, Inc. (The) by 755.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 4,506 shares of the business services provider’s stock worth $111,000 after acquiring an additional 3,979 shares during the last quarter. Capstone Investment Advisors Netherlands B.V. grew its holdings in Interpublic Group of Companies, Inc. (The) by 35.6% in the 2nd quarter. Capstone Investment Advisors Netherlands B.V. now owns 4,775 shares of the business services provider’s stock worth $117,000 after acquiring an additional 1,254 shares during the last quarter. Exane Derivatives grew its holdings in Interpublic Group of Companies, Inc. (The) by 181.3% in the 2nd quarter. Exane Derivatives now owns 5,634 shares of the business services provider’s stock worth $139,000 after acquiring an additional 3,631 shares during the last quarter. Global X Management Co. LLC grew its holdings in Interpublic Group of Companies, Inc. (The) by 15.4% in the 2nd quarter. Global X Management Co. LLC now owns 6,349 shares of the business services provider’s stock worth $156,000 after acquiring an additional 847 shares during the last quarter. Finally, First Bank & Trust grew its holdings in Interpublic Group of Companies, Inc. (The) by 22.7% in the 2nd quarter. First Bank & Trust now owns 7,004 shares of the business services provider’s stock worth $172,000 after acquiring an additional 1,296 shares during the last quarter. 97.84% of the stock is currently owned by institutional investors and hedge funds.

Interpublic Group of Companies, Inc. (The) Company Profile

The Interpublic Group of Companies, Inc is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).

Insider Buying and Selling by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)

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