Shares of Wpp Plc (NYSE:WPP) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company.

WPP has been the topic of a number of recent research reports. Pivotal Research upgraded WPP from a “hold” rating to a “buy” rating in a research note on Thursday, October 25th. JPMorgan Chase & Co. restated a “buy” rating on shares of WPP in a research note on Monday, July 23rd. Kepler Capital Markets restated a “hold” rating on shares of WPP in a research note on Friday, October 26th. Zacks Investment Research downgraded WPP from a “buy” rating to a “sell” rating in a research note on Friday, September 7th. Finally, ValuEngine upgraded WPP from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 23rd.

Shares of WPP traded down $1.04 during mid-day trading on Monday, reaching $55.73. The company had a trading volume of 161,339 shares, compared to its average volume of 445,004. WPP has a 52-week low of $54.92 and a 52-week high of $103.53. The company has a market capitalization of $14.73 billion, a price-to-earnings ratio of 7.18, a PEG ratio of 7.39 and a beta of 1.30.

The firm also recently declared a semiannual dividend, which was paid on Monday, November 5th. Shareholders of record on Friday, October 5th were given a dividend of $1.4595 per share. The ex-dividend date of this dividend was Thursday, October 4th. This represents a yield of 3.93%. This is an increase from WPP’s previous semiannual dividend of $1.45. WPP’s dividend payout ratio is currently 38.66%.

Hedge funds have recently modified their holdings of the business. Hall Laurie J Trustee purchased a new position in WPP during the third quarter worth approximately $182,000. Comerica Securities Inc. purchased a new position in WPP during the third quarter worth approximately $205,000. Klingenstein Fields & Co. LLC purchased a new position in WPP during the third quarter worth approximately $222,000. Janney Montgomery Scott LLC purchased a new position in WPP during the third quarter worth approximately $228,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in WPP during the third quarter worth approximately $229,000. Institutional investors own 5.11% of the company’s stock.

WPP Company Profile

WPP plc provides various communications services worldwide. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding Consulting, Health & Wellness and Specialist Communications. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.

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Analyst Recommendations for WPP (NYSE:WPP)

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