Shares of WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) saw unusually-strong trading volume on Wednesday . Approximately 277,561 shares changed hands during trading, an increase of 73% from the previous session’s volume of 160,625 shares.The stock last traded at $110.73 and had previously closed at $110.15.

Several analysts recently issued reports on WPPGY shares. Wedbush upped their price objective on shares of WPP plc – American Depositary Shares each representing five from $132.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, April 29th. Zacks Investment Research downgraded shares of WPP plc – American Depositary Shares each representing five from a “hold” rating to a “sell” rating in a report on Thursday, April 14th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $133.00.

The company’s 50-day moving average is $110.26 and its 200-day moving average is $111.09. The company has a market capitalization of $28.29 billion and a PE ratio of 19.36.

An institutional investor recently raised its position in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE raised its position in shares of WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,222 shares of the company’s stock after buying an additional 10,605 shares during the period. US Bancorp DE owned 0.07% of WPP plc – American Depositary Shares each representing five worth $19,876,000 as of its most recent SEC filing.

WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.

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