Wheatland Advisors Inc. grew its holdings in Wpp Plc (NYSE:WPP) by 5.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,854 shares of the business services provider’s stock after buying an additional 850 shares during the quarter. Wheatland Advisors Inc.’s holdings in WPP were worth $1,060,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Nkcfo LLC purchased a new stake in shares of WPP in the second quarter valued at approximately $44,000. Global Retirement Partners LLC boosted its stake in shares of WPP by 55.2% in the first quarter. Global Retirement Partners LLC now owns 731 shares of the business services provider’s stock worth $39,000 after acquiring an additional 260 shares during the last quarter. Semmax Financial Advisors Inc. boosted its stake in shares of WPP by 78.4% in the first quarter. Semmax Financial Advisors Inc. now owns 1,151 shares of the business services provider’s stock worth $61,000 after acquiring an additional 506 shares during the last quarter. Signaturefd LLC boosted its stake in shares of WPP by 11.9% in the second quarter. Signaturefd LLC now owns 1,715 shares of the business services provider’s stock worth $108,000 after acquiring an additional 183 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of WPP by 16.8% in the first quarter. Quadrant Capital Group LLC now owns 2,525 shares of the business services provider’s stock worth $125,000 after acquiring an additional 363 shares during the last quarter. Institutional investors and hedge funds own 4.14% of the company’s stock.

A number of analysts have recently issued reports on the company. ValuEngine lowered WPP from a “hold” rating to a “sell” rating in a research note on Wednesday, July 17th. Barclays raised WPP from an “equal weight” rating to an “overweight” rating in a research note on Monday, April 29th. Zacks Investment Research reaffirmed a “hold” rating on shares of WPP in a research note on Saturday, July 20th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of WPP in a research note on Monday, June 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.

Shares of NYSE:WPP traded down $1.24 during trading on Friday, reaching $57.50. The stock had a trading volume of 149,279 shares, compared to its average volume of 161,801. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.96 and a current ratio of 0.95. The business has a fifty day moving average price of $58.76 and a 200-day moving average price of $58.70. The stock has a market cap of $15.66 billion, a PE ratio of 7.98 and a beta of 1.03. Wpp Plc has a 1-year low of $50.31 and a 1-year high of $84.64.

WPP 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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Institutional Ownership by Quarter for WPP (NYSE:WPP)

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