MUFG Securities EMEA plc purchased a new stake in ManpowerGroup Inc. (NYSE:MAN) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 37,943 shares of the business services provider’s stock, valued at approximately $2,459,000. MUFG Securities EMEA plc owned about 0.06% of ManpowerGroup at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Fort L.P. lifted its stake in ManpowerGroup by 926.4% during the fourth quarter. Fort L.P. now owns 544 shares of the business services provider’s stock valued at $35,000 after buying an additional 491 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new stake in ManpowerGroup during the fourth quarter valued at about $84,000. Schroder Investment Management Group lifted its stake in ManpowerGroup by 133.3% during the third quarter. Schroder Investment Management Group now owns 2,100 shares of the business services provider’s stock valued at $181,000 after buying an additional 1,200 shares in the last quarter. Paradigm Asset Management Co. LLC purchased a new stake in ManpowerGroup during the third quarter valued at about $198,000. Finally, Daiwa Securities Group Inc. lifted its stake in ManpowerGroup by 8.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 2,430 shares of the business services provider’s stock valued at $157,000 after buying an additional 180 shares in the last quarter. 88.53% of the stock is owned by institutional investors.

MAN has been the subject of a number of analyst reports. Zacks Investment Research raised shares of ManpowerGroup from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th. ValuEngine lowered shares of ManpowerGroup from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. BMO Capital Markets lowered shares of ManpowerGroup from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $83.00 to $81.00 in a research note on Friday, February 1st. Finally, TheStreet raised shares of ManpowerGroup from a “c+” rating to a “b-” rating in a research note on Wednesday, February 20th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. ManpowerGroup presently has an average rating of “Hold” and an average target price of $98.67.

In other news, EVP Sriram Chandrashekar sold 14,706 shares of the company’s stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $84.90, for a total value of $1,248,539.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Richard Buchband sold 3,471 shares of the company’s stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $83.15, for a total value of $288,613.65. Following the completion of the transaction, the senior vice president now owns 4,986 shares in the company, valued at approximately $414,585.90. The disclosure for this sale can be found here. Insiders sold a total of 19,927 shares of company stock worth $1,686,603 in the last quarter. 1.02% of the stock is owned by corporate insiders.

Shares of MAN opened at $84.51 on Friday. The stock has a market capitalization of $4.90 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 3.43 and a beta of 1.50. ManpowerGroup Inc. has a fifty-two week low of $61.57 and a fifty-two week high of $123.28. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.44 and a current ratio of 1.44.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, January 31st. The business services provider reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.24. The company had revenue of $5.39 billion for the quarter, compared to the consensus estimate of $5.54 billion. ManpowerGroup had a return on equity of 20.65% and a net margin of 2.53%. On average, sell-side analysts expect that ManpowerGroup Inc. will post 7.71 EPS for the current fiscal year.

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ManpowerGroup Profile

ManpowerGroup Inc provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands.

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Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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