Fenimore Asset Management INC Increased Its Stake in Interpublic Group Of Companies (IPG) by $15.65 Million; Shares Rose

April 17, 2018 - By Richard Doty

The Interpublic Group of Companies, Inc. (NYSE:IPG) Corporate LogoBig Money Sentiment decreased to 0.88 in Q4 2017. It has change of 0.31, from 2017Q3’s 1.19. The ratio fall due to IPG positioning: 75 sold and 134 reduced. 63 funds acquired positions and 121 increased positions. Investors holded 382.86 million in 2017Q3 but now own 377.99 million shares or 1.27% less. Exane Derivatives has invested 0% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Gam Ag accumulated 39,702 shs or 0.02% of the stock. Moreover, Cubist Systematic Strategies has 0.03% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 23,894 shs. Swiss Bancshares owns 0.03% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 1.45M shs. Fort LP holds 158,867 shs or 0.75% of its capital. Stephens Ar invested in 0.21% or 278,082 shs. Ameriprise owns 0.01% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 1.26 million shs. M&R Cap Mgmt holds 150 shs. Moreover, Retail Bank Of Montreal Can has 0.02% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG). Barclays Public Limited invested in 0.02% or 952,125 shs. Moreover, Wells Fargo And Communication Mn has 0.06% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG). Janney Montgomery Scott Limited Liability Corporation holds 0.01% in The Interpublic Group of Companies, Inc. (NYSE:IPG) or 26,404 shs. Dynamic Cap Mngmt holds 23,900 shs. Qs Invsts Limited Liability has invested 0% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Hussman Strategic invested in 50,000 shs.

IPG registered $11.26 million net activity with 0 insider purchases and 11 insider sales since February 27, 2018. Bonzani Andrew also sold $671,603 worth of The Interpublic Group of Companies, Inc. (NYSE:IPG) on Tuesday, February 27. 17,941 The Interpublic Group of Companies, Inc. (NYSE:IPG) shs with value of $420,998 were sold by Johnson Ellen Tobi. The insider Mergenthaler Frank sold 65,536 shs worth $1.53 million. On Tuesday, February 27 11,274 shs were sold by Connors Julie, worth $272,493. $347,991 worth of The Interpublic Group of Companies, Inc. (NYSE:IPG) was sold by GREENIAUS H JOHN on Friday, March 9. Shares for $496,020 were sold by CARROLL CHRISTOPHER F.

Fenimore Asset Management Inc upped its stake by 30.29% in Interpublic Group Of Companies (IPG), according to 2017Q4 Securities and Exchange filling. 782,740 shares were bought by Fenimore Asset Management Inc as the company’s stock rose 11.57% while stock markets declined. The technology company at the end of 2017Q4 was valued at $67.87M. It’s up from 2.58M at the end of the previous reported quarter. Now it had 3.37M shares held by the institutional investor . Fenimore Asset Management Inc has cut its stake in Illinois Tool Works Inc. (NYSE:ITW) and also reduced its holding in Idex Corporation (NYSE:IEX) by 118,781 shares in the quarter, for a total of 711,489 shares.

The Interpublic Group of Companies, Inc. (NYSE:IPG) Ratings Coverage

In total 9 analysts cover Interpublic Group of Companies (NYSE:IPG). “Buy” rating has 1, “Sell” are 0, while 8 are “Hold”. 11% are bullish. 13 are the (NYSE:IPG)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. On Wednesday, February 14 the stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) has “Hold” rating given by Jefferies. The company rating was maintained by RBC Capital Markets on Wednesday, February 14. On Wednesday, January 31 the firm has “Equal-Weight” rating by Morgan Stanley given. The stock rating was downgraded by Macquarie Research to “Underperform” on Tuesday, January 2. In Tuesday, February 20 report Pivotal Research downgraded the stock to “Hold” rating. On Tuesday, October 31 Argus Research downgraded The Interpublic Group of Companies, Inc. (NYSE:IPG) to “Hold” rating. On Wednesday, February 14 the firm has “Buy” rating by BMO Capital Markets given. In Thursday, October 26 report BMO Capital Markets maintained it with “Outperform” rating and $25 target. The stock rating was upgraded by Macquarie Research to “Neutral” on Friday, February 16. On Tuesday, October 24 the rating was maintained by RBC Capital Markets with “Hold”.

The Interpublic Group of Companies, Inc. (NYSE:IPG) Institutional Investors Chart

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