Separately, Deutsche Bank Aktiengesellschaft downgraded shares of WPP from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $966.80.
WPP Price Performance
Institutional Trading of WPP
Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC raised its stake in WPP by 187.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 617 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 402 shares during the period. Financial Management Professionals Inc. purchased a new stake in shares of WPP during the 1st quarter valued at approximately $28,000. Belpointe Asset Management LLC bought a new position in WPP in the 4th quarter worth approximately $30,000. CWM LLC grew its stake in WPP by 85.1% in the 2nd quarter. CWM LLC now owns 583 shares of the business services provider’s stock valued at $30,000 after buying an additional 268 shares in the last quarter. Finally, Zions Bancorporation N.A. raised its holdings in WPP by 78.8% during the 4th quarter. Zions Bancorporation N.A. now owns 642 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 283 shares during the period. Hedge funds and other institutional investors own 4.34% of the company’s stock.
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.
- Five stocks we like better than WPP
- 5 Top Rated Dividend Stocks to Consider
- 2 Recession-Proof Intelligence Stocks to Defend Your Portfolio
- How to Invest in Esports
- 5 Reasons Mullen Automotive is About to Turn a Corner
- How to Use the MarketBeat Stock Split Calculator
- Qualcomm and Apple Forge Ahead with New Modem Partnership
Receive News & Ratings for WPP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPP and related companies with MarketBeat.com's FREE daily email newsletter.