Wealth Enhancement Advisory Services LLC grew its stake in ManpowerGroup Inc. (NYSE:MAN) by 21.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,115 shares of the business services provider’s stock after buying an additional 1,812 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ManpowerGroup were worth $1,312,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of ManpowerGroup by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 6,286,080 shares of the business services provider’s stock valued at $701,840,000 after purchasing an additional 267,064 shares during the period. Acadian Asset Management LLC lifted its stake in shares of ManpowerGroup by 33.2% in the 4th quarter. Acadian Asset Management LLC now owns 2,296,960 shares of the business services provider’s stock valued at $289,674,000 after purchasing an additional 573,030 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of ManpowerGroup by 4.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,617,999 shares of the business services provider’s stock valued at $180,643,000 after purchasing an additional 69,089 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of ManpowerGroup by 4.1% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 1,208,930 shares of the business services provider’s stock valued at $142,436,000 after purchasing an additional 47,200 shares during the period. Finally, APG Asset Management N.V. lifted its stake in shares of ManpowerGroup by 24.5% in the 3rd quarter. APG Asset Management N.V. now owns 957,439 shares of the business services provider’s stock valued at $112,805,000 after purchasing an additional 188,700 shares during the period. 94.56% of the stock is currently owned by institutional investors.

A number of research firms recently commented on MAN. SunTrust Banks restated a “hold” rating and issued a $107.00 price objective on shares of ManpowerGroup in a research report on Friday, October 20th. Credit Suisse Group restated a “neutral” rating and issued a $126.00 price objective (up previously from $111.00) on shares of ManpowerGroup in a research report on Monday, October 23rd. Zacks Investment Research cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Nomura upped their price objective on shares of ManpowerGroup from $127.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, October 23rd. Finally, Argus upped their price objective on shares of ManpowerGroup from $118.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. ManpowerGroup presently has a consensus rating of “Hold” and a consensus price target of $125.25.

Shares of ManpowerGroup Inc. (MAN) opened at $133.04 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.29 and a quick ratio of 1.29. ManpowerGroup Inc. has a 1 year low of $91.13 and a 1 year high of $133.10. The company has a market cap of $8,693.11, a price-to-earnings ratio of 19.43 and a beta of 1.45.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Friday, October 20th. The business services provider reported $2.04 EPS for the quarter, beating the Zacks’ consensus estimate of $1.96 by $0.08. ManpowerGroup had a net margin of 2.24% and a return on equity of 17.80%. The business had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.41 billion. During the same quarter in the prior year, the company earned $1.87 EPS. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. research analysts expect that ManpowerGroup Inc. will post 6.9 earnings per share for the current year.

In other ManpowerGroup news, Director Patricia Hemingway Hall sold 3,000 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $127.54, for a total transaction of $382,620.00. Following the completion of the transaction, the director now owns 4,021 shares in the company, valued at approximately $512,838.34. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Edward J. Zore sold 10,000 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $127.00, for a total value of $1,270,000.00. Following the transaction, the director now owns 29,876 shares of the company’s stock, valued at approximately $3,794,252. The disclosure for this sale can be found here. In the last 90 days, insiders sold 30,015 shares of company stock valued at $3,762,970. 0.87% of the stock is owned by corporate insiders.

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About ManpowerGroup

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.

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Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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