First Commonwealth Financial Has Lowered Canadian Pac Ry LTD (CP) Position by $1.15 Million; Everence Capital Management Decreased Stake in Omnicom Group Ord (OMC) as Market Valuation Declined

Omnicom Group Inc. (NYSE:OMC) Logo

Everence Capital Management Inc decreased its stake in Omnicom Group Ord (OMC) by 39.2% based on its latest 2018Q1 regulatory filing with the SEC. Everence Capital Management Inc sold 4,820 shares as the company’s stock declined 7.86% with the market. The institutional investor held 7,475 shares of the advertising company at the end of 2018Q1, valued at $543,000, down from 12,295 at the end of the previous reported quarter. Everence Capital Management Inc who had been investing in Omnicom Group Ord for a number of months, seems to be less bullish one the $17.34 billion market cap company. The stock increased 1.69% or $1.27 during the last trading session, reaching $76.31. About 2.21 million shares traded or 22.88% up from the average. Omnicom Group Inc. (NYSE:OMC) has declined 13.92% since June 29, 2017 and is downtrending. It has underperformed by 26.49% the S&P500. Some Historical OMC News: 18/04/2018 – FleishmanHillard Expands Southern California Leadership with Isobel Coney; 22/05/2018 – Omnicom Group Inc. Declares Dividend; 22/05/2018 – Adweek: HSBC Awards Global Media Business to Omnicom’s PHD; 08/03/2018 – BBDO New York Launches “It’s Time To Redefine” Public Awareness Campaign; 01/05/2018 – Omnicom Named to Forbes 2018 America’s Best Employers List; 18/04/2018 – CMO Today: Omnicom’s Clients Are Unbundling Digital Buys; Starbucks Shuts Stores For Racial-Bias Training; YouTube Addresses Creators; 17/04/2018 – Omnicom holds steady in tough market for advertising groups; 18/04/2018 – Omnicom Names Chuck Brymer as Chairman of Brand Consulting Group; 22/03/2018 – Omnicom Hosts Its Own Upfront, Turning Table on Media Sellers; 27/03/2018 – OMNICOM HEALTH GROUP – ACQUIRED UNIT’S MANAGEMENT TEAM ALSO JOINS EMC, WITH TAKAO OZAWA BEING PROMOTED TO MANAGING DIRECTOR

First Commonwealth Financial Corp decreased its stake in Canadian Pac Ry Ltd (CP) by 82.2% based on its latest 2018Q1 regulatory filing with the SEC. First Commonwealth Financial Corp sold 6,494 shares as the company’s stock declined 1.00% with the market. The institutional investor held 1,406 shares of the railroads company at the end of 2018Q1, valued at $249,000, down from 7,900 at the end of the previous reported quarter. First Commonwealth Financial Corp who had been investing in Canadian Pac Ry Ltd for a number of months, seems to be less bullish one the $26.58 billion market cap company. The stock increased 0.61% or $1.1 during the last trading session, reaching $181.18. About 463,336 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 16.90% since June 29, 2017 and is uptrending. It has outperformed by 4.33% the S&P500. Some Historical CP News: 20/04/2018 – CANADIAN PACIFIC RAILWAY REACHED PACT WITH TEAMSTERS; 25/05/2018 – TEAMSTERS VOTE TO REJECT CANADIAN PACIFIC OFFER; 26/05/2018 – Canadian Pacific Railway union serves strike notice; 18/04/2018 – CANADIAN PACIFIC 1Q REV. C$1.66B, EST. C$1.68B; 20/04/2018 – TEAMSTERS CANADA SAYS MINISTER OF LABOUR AGREED TO CANADIAN PACIFIC’S REQUEST TO ORDER VOTE ON FINAL OFFER TO RENEW COLLECTIVE AGREEMENTS; 18/04/2018 – Teamsters Canada notifies Canadian Pacific of possible strike; 16/05/2018 – CANADIAN PACIFIC RAILWAY LTD – BEEN ADVISED THAT CANADA INDUSTRIAL RELATIONS BOARD HAS CHANGED DATES FOR VOTING ON CP’S FINAL PROPOSALS; 18/04/2018 – TEAMSTERS CANADA RAIL CONFERENCE FORMALLY SERVED 72 HOURS’ NOTICE OF INTENT TO STRIKE TO CANADIAN PACIFIC RAILWAY; 30/05/2018 – Toronto Sun: BREAKING: Teamsters Canada Rail Conference says it has reached a tentative agreement with Canadian Pacific Railway; 29/05/2018 – TEAMSTERS CANADA – OVER 3000 CONDUCTORS AND LOCOMOTIVE ENGINEERS AT CANADIAN PACIFIC WENT ON STRIKE AT 2200 ET TUESDAY

More notable recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Seekingalpha.com which released: “Canada’s big two railroads to overhaul grain hopper fleets” on June 07, 2018, also Fool.ca with their article: “How to Survive a Stock Market Crash and Keep Buying Stocks” published on June 27, 2018, Fool.ca published: “3 Under-the-Radar Dividend Stocks for Your RRSP” on June 19, 2018. More interesting news about Canadian Pacific Railway Limited (NYSE:CP) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Galapagos NV, Cellectis SA, MediciNova, Logitech International SA …” published on June 05, 2018 as well as Fool.ca‘s news article titled: “Canadian Pacific Railway Limited (TSX:CP) Averts Disaster: 2 Reasons to Watch the Stock in June” with publication date: June 04, 2018.

Analysts await Canadian Pacific Railway Limited (NYSE:CP) to report earnings on July, 18. They expect $2.47 earnings per share, up 19.90% or $0.41 from last year’s $2.06 per share. CP’s profit will be $362.39M for 18.34 P/E if the $2.47 EPS becomes a reality. After $2.13 actual earnings per share reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 15.96% EPS growth.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 68% are positive. Canadian Pacific had 76 analyst reports since September 30, 2015 according to SRatingsIntel. As per Tuesday, January 16, the company rating was maintained by Susquehanna. The rating was maintained by Cowen & Co on Wednesday, June 22 with “Outperform”. The stock of Canadian Pacific Railway Limited (NYSE:CP) earned “Buy” rating by Loop Capital on Thursday, August 24. The rating was maintained by Cowen & Co with “Outperform” on Friday, January 22. RBC Capital Markets maintained it with “Sector Perform” rating and $213.0 target in Wednesday, October 21 report. The rating was upgraded by Goldman Sachs on Tuesday, February 13 to “Buy”. As per Friday, January 22, the company rating was upgraded by RBC Capital Markets. Loop Capital initiated the shares of CP in report on Thursday, August 4 with “Hold” rating. The rating was downgraded by Buckingham Research to “Neutral” on Thursday, July 21. On Friday, September 29 the stock rating was maintained by Cowen & Co with “Buy”.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.11, from 0.96 in 2017Q4. It fall, as 60 investors sold OMC shares while 229 reduced holdings. 66 funds opened positions while 180 raised stakes. 228.18 million shares or 1.27% less from 231.12 million shares in 2017Q4 were reported. National Pension Serv has invested 0.09% in Omnicom Group Inc. (NYSE:OMC). 20,471 were accumulated by Panagora Asset. Citadel Advisors Ltd Liability Corp has invested 0% in Omnicom Group Inc. (NYSE:OMC). Loews reported 4,970 shares. Westwood Holding Gru Incorporated Inc stated it has 0.03% in Omnicom Group Inc. (NYSE:OMC). Etrade Capital Limited has invested 0.06% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Sandy Spring Bankshares owns 2,500 shares. Cetera Advisor invested 0.01% in Omnicom Group Inc. (NYSE:OMC). Litman Gregory Asset Management Ltd Llc stated it has 0.01% in Omnicom Group Inc. (NYSE:OMC). Liberty Mutual Group Incorporated Asset Mgmt holds 9,197 shares. Silvercrest Asset Mngmt Group Limited Co owns 38,831 shares. Schwab Charles Invest Mngmt has invested 0.08% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Agf Invs America owns 0.94% invested in Omnicom Group Inc. (NYSE:OMC) for 34,080 shares. Donaldson Capital Management Ltd Liability Corp accumulated 3,750 shares. First Personal Financial Serv has invested 0.01% of its portfolio in Omnicom Group Inc. (NYSE:OMC).

Among 17 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Omnicom had 51 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets initiated Omnicom Group Inc. (NYSE:OMC) rating on Friday, October 7. RBC Capital Markets has “Sector Perform” rating and $87 target. RBC Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $96.0 target. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Hold” rating by Wells Fargo on Thursday, January 18. The firm earned “Neutral” rating on Friday, March 2 by Atlantic Securities. BMO Capital Markets maintained it with “Hold” rating and $85.0 target in Monday, October 16 report. The stock has “Neutral” rating by Credit Suisse on Wednesday, October 11. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Underperform” rating by Macquarie Research on Tuesday, January 2. Citigroup upgraded the stock to “Neutral” rating in Wednesday, September 6 report. The firm has “Hold” rating given on Thursday, July 13 by BMO Capital Markets. The firm earned “Equal-Weight” rating on Wednesday, April 20 by Barclays Capital.

Since February 21, 2018, it had 0 buys, and 3 selling transactions for $230,764 activity. Hewitt Dennis E. sold $154,758 worth of Omnicom Group Inc. (NYSE:OMC) on Wednesday, February 21.

More recent Omnicom Group Inc. (NYSE:OMC) news were published by: Seekingalpha.com which released: “Turning Challenge Into Opportunity” on June 25, 2018. Also Bizjournals.com published the news titled: “Ad agency GSD&M lands Pizza Hut account reportedly worth hundreds of millions” on June 27, 2018. Prnewswire.com‘s news article titled: “The Marketing Arm to Produce Exclusive Influencer Event For Top Brands, Platforms, Influencers” with publication date: June 28, 2018 was also an interesting one.

Everence Capital Management Inc, which manages about $871.54 million and $451.96 million US Long portfolio, upped its stake in Fiserv Ord (NASDAQ:FISV) by 4,410 shares to 8,820 shares, valued at $629,000 in 2018Q1, according to the filing. It also increased its holding in Baker Hughes Cl A Ord by 14,170 shares in the quarter, for a total of 37,892 shares, and has risen its stake in Iron Mountain Ord (NYSE:IRM).

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart