Interpublic Group of Companies Inc (NYSE:IPG) was the recipient of unusually large options trading on Thursday. Stock traders acquired 2,255 put options on the stock. This represents an increase of 3,856% compared to the average volume of 57 put options.

In related news, Director H John Greeniaus sold 43,479 shares of the stock in a transaction dated 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 filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.49% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Acrospire Investment Management LLC raised its holdings in shares of Interpublic Group of Companies by 755.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 4,506 shares of the business services provider’s stock valued at $111,000 after buying an additional 3,979 shares during the period. Capstone Investment Advisors Netherlands B.V. raised its holdings in shares of Interpublic Group of Companies by 35.6% during the 2nd quarter. 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. Franklin Resources Inc. purchased a new stake in shares of Interpublic Group of Companies during the 2nd quarter valued at about $205,000. Pacer Advisors Inc. raised its holdings in shares of Interpublic Group of Companies by 8.1% during the 2nd quarter. Pacer Advisors Inc. now owns 8,368 shares of the business services provider’s stock valued at $206,000 after buying an additional 624 shares during the period. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of Interpublic Group of Companies by 1.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,123 shares of the business services provider’s stock valued at $224,000 after buying an additional 90 shares during the period. Institutional investors and hedge funds own 99.78% of the company’s stock.

Shares of Interpublic Group of Companies (IPG) opened at $21.74 on Friday. The company has a market capitalization of $8,450.00, a PE ratio of 26.84, a P/E/G ratio of 1.29 and a beta of 1.47. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.63. Interpublic Group of Companies has a twelve month low of $18.30 and a twelve month high of $25.71.

Interpublic Group of Companies (NYSE:IPG) last announced its earnings results on Tuesday, October 24th. The business services provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.02). The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Interpublic Group of Companies had a net margin of 7.43% and a return on equity of 27.38%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 earnings per share. research analysts predict that Interpublic Group of Companies will post 1.39 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a dividend of $0.18 per share. The ex-dividend date was Thursday, November 30th. This represents a $0.72 annualized dividend and a dividend yield of 3.31%. Interpublic Group of Companies’s payout ratio is currently 88.89%.

IPG has been the topic of a number of research reports. Credit Suisse Group set a $26.00 price objective on Interpublic Group of Companies and gave the stock a “buy” rating in a report on Wednesday, October 11th. Zacks Investment Research upgraded Interpublic Group of Companies from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Tuesday, October 10th. Wells Fargo & Co restated a “buy” rating on shares of Interpublic Group of Companies in a report on Tuesday, October 24th. Pivotal Research restated a “buy” rating and issued a $23.00 price objective on shares of Interpublic Group of Companies in a report on Tuesday, October 24th. Finally, TheStreet downgraded Interpublic Group of Companies from a “b-” rating to a “c+” rating in a report on Wednesday, November 22nd. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Interpublic Group of Companies presently has an average rating of “Hold” and a consensus target price of $25.77.

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About Interpublic Group of Companies

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).

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