Shares of ManpowerGroup Inc. (NYSE:MAN) have earned an average rating of “Hold” from the eleven research firms that are covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $126.43.

Several brokerages have commented on MAN. Zacks Investment Research upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $137.00 price objective for the company in a research report on Monday. BMO Capital Markets lowered their price objective on shares of ManpowerGroup to $136.00 and set a “buy” rating for the company in a research report on Monday. ValuEngine upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research report on Friday. Deutsche Bank reiterated a “hold” rating and set a $110.00 price target on shares of ManpowerGroup in a report on Tuesday, January 9th. Finally, Argus upped their price target on shares of ManpowerGroup from $118.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, October 26th.

In other news, SVP Richard Buchband sold 2,059 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $126.48, for a total transaction of $260,422.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Cari M. Dominguez sold 500 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $126.29, for a total transaction of $63,145.00. Following the transaction, the director now owns 16,990 shares of the company’s stock, valued at $2,145,667.10. The disclosure for this sale can be found here. Insiders have sold 15,559 shares of company stock valued at $1,976,187 over the last quarter. Company insiders own 0.87% of the company’s stock.

Large investors have recently made changes to their positions in the company. Acadian Asset Management LLC grew its stake in shares of ManpowerGroup by 33.2% in the fourth quarter. Acadian Asset Management LLC now owns 2,296,960 shares of the business services provider’s stock worth $289,674,000 after purchasing an additional 573,030 shares during the last quarter. State Treasurer State of Michigan grew its stake in shares of ManpowerGroup by 794.1% in the third quarter. State Treasurer State of Michigan now owns 247,030 shares of the business services provider’s stock worth $29,105,000 after purchasing an additional 219,400 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of ManpowerGroup in the second quarter worth $208,000. APG Asset Management N.V. grew its stake in shares of ManpowerGroup by 24.5% in the third quarter. APG Asset Management N.V. now owns 957,439 shares of the business services provider’s stock worth $112,805,000 after purchasing an additional 188,700 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of ManpowerGroup by 96.3% in the third quarter. Janus Henderson Group PLC now owns 378,265 shares of the business services provider’s stock worth $44,568,000 after purchasing an additional 185,591 shares during the last quarter. Institutional investors own 95.99% of the company’s stock.

Shares of ManpowerGroup (NYSE MAN) traded up $4.46 on Friday, reaching $121.83. 1,173,725 shares of the company’s stock traded hands, compared to its average volume of 424,205. ManpowerGroup has a 1-year low of $94.34 and a 1-year high of $136.93. The firm has a market capitalization of $7,930.00, a P/E ratio of 15.12 and a beta of 1.28. The company has a current ratio of 1.28, a quick ratio of 1.29 and a debt-to-equity ratio of 0.17.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings data on Friday, February 2nd. The business services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $2.05 by $0.07. ManpowerGroup had a net margin of 2.59% and a return on equity of 17.86%. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the business earned $1.87 earnings per share. The company’s revenue was up 13.7% on a year-over-year basis. equities analysts expect that ManpowerGroup will post 7.82 earnings per share for the current year.

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ManpowerGroup Company Profile

ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.

Analyst Recommendations for ManpowerGroup (NYSE:MAN)

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