ManpowerGroup (NYSE:MAN) SVP Richard Buchband sold 2,059 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $126.48, for a total transaction of $260,422.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of ManpowerGroup (NYSE MAN) opened at $126.88 on Friday. The firm has a market cap of $8,258.39, a price-to-earnings ratio of 18.46 and a beta of 1.44. ManpowerGroup has a twelve month low of $84.89 and a twelve month high of $127.31. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.17.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.93%. This is a boost from ManpowerGroup’s previous quarterly dividend of $0.86. The ex-dividend date is Thursday, November 30th. ManpowerGroup’s dividend payout ratio is 27.68%.

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Several large investors have recently modified their holdings of the business. Synovus Financial Corp raised its holdings in shares of ManpowerGroup by 0.3% during the second quarter. Synovus Financial Corp now owns 3,273 shares of the business services provider’s stock worth $360,000 after purchasing an additional 9 shares during the period. Gateway Investment Advisers LLC raised its holdings in shares of ManpowerGroup by 0.3% during the second quarter. Gateway Investment Advisers LLC now owns 17,669 shares of the business services provider’s stock worth $1,973,000 after purchasing an additional 46 shares during the period. Global X Management Co. LLC raised its holdings in shares of ManpowerGroup by 2.1% during the second quarter. Global X Management Co. LLC now owns 2,860 shares of the business services provider’s stock worth $319,000 after purchasing an additional 59 shares during the period. State Treasurer State of Michigan raised its holdings in shares of ManpowerGroup by 0.4% during the second quarter. State Treasurer State of Michigan now owns 27,630 shares of the business services provider’s stock worth $3,085,000 after purchasing an additional 100 shares during the period. Finally, Utah Retirement Systems raised its holdings in shares of ManpowerGroup by 0.8% during the second quarter. Utah Retirement Systems now owns 12,318 shares of the business services provider’s stock worth $1,375,000 after purchasing an additional 100 shares during the period. 95.25% of the stock is currently owned by institutional investors.

A number of research analysts have commented on MAN shares. Credit Suisse Group reiterated a “neutral” rating and set a $111.00 price objective (up from $106.00) on shares of ManpowerGroup in a research note on Tuesday, July 25th. BidaskClub downgraded shares of ManpowerGroup from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. BMO Capital Markets reiterated a “buy” rating and set a $124.00 price objective on shares of ManpowerGroup in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of ManpowerGroup from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, Royal Bank Of Canada downgraded shares of ManpowerGroup from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 28th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. ManpowerGroup presently has an average rating of “Hold” and a consensus target price of $126.71.

ManpowerGroup Company Profile

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.

Insider Buying and Selling by Quarter for ManpowerGroup (NYSE:MAN)

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