Lazard Asset Management Holding in Grupo Aero Ads (PAC) Has Boosted by $2.28 Million; As Omnicom Group (OMC) Valuation Rose, Legacy Private Trust Cut Stake

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Legacy Private Trust decreased its stake in Omnicom Group Inc (OMC) by 46.86% based on its latest 2018Q3 regulatory filing with the SEC. Legacy Private Trust sold 5,617 shares as the company’s stock rose 8.95% while stock markets declined. The institutional investor held 6,371 shares of the advertising company at the end of 2018Q3, valued at $433,000, down from 11,988 at the end of the previous reported quarter. Legacy Private Trust who had been investing in Omnicom Group Inc for a number of months, seems to be less bullish one the $16.45B market cap company. The stock decreased 0.92% or $0.68 during the last trading session, reaching $73.41. About 2.30 million shares traded. Omnicom Group Inc. (NYSE:OMC) has risen 3.76% since February 13, 2018 and is uptrending. It has outperformed by 3.76% the S&P500. Some Historical OMC News: 27/03/2018 – Omnicom Health Group Acquires Elsevier’s Pharma Communications Business In Japan, Rebrands As EMC K.K; 17/04/2018 – OMNICOM – ON JAN 1 ADOPTED FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 606 “REVENUE FROM CONTRACTS WITH CUSTOMERS”; 17/04/2018 – Omnicom Closes Above 200-Day Moving Average: Technicals; 06/03/2018 NAFE Names FleishmanHillard One of the 2018 “Top 10 Companies for Executive Women”; 22/05/2018 – Omnicom Group Inc. Declares Dividend; 12/03/2018 – GSD&M IDEA CITY WINS $741 MLN U.S. DEFENSE CONTRACT -PENTAGON; 17/04/2018 – Omnicom 1Q Income Tax Expense Reduced by $13M; 16/04/2018 – IRI and Omnicom Media Group Announce Preferred Partnership for Omnicom Media Group’s Annalect Data and Analytics Division; 17/04/2018 – Dunkin’ Donuts Names BBDO Worldwide as New Creative Agency of Record; 12/04/2018 – OMNICOM TO COMBINE CHAIRMAN AND CEO ROLES

Lazard Asset Management Llc increased its stake in Grupo Aero Ads (PAC) by 21.59% based on its latest 2018Q3 regulatory filing with the SEC. Lazard Asset Management Llc bought 20,962 shares as the company’s stock declined 29.86% with the market. The institutional investor held 118,057 shares of the transportation company at the end of 2018Q3, valued at $12.89 million, up from 97,095 at the end of the previous reported quarter. Lazard Asset Management Llc who had been investing in Grupo Aero Ads for a number of months, seems to be bullish on the $4.58B market cap company. The stock decreased 1.31% or $1.16 during the last trading session, reaching $87.47. About 29,280 shares traded. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) has declined 31.80% since February 13, 2018 and is downtrending. It has underperformed by 31.80% the S&P500. Some Historical PAC News: 09/04/2018 – Grupo Aeroportuario del Pacifico lnformative Letter to Shareholders; 09/04/2018 – Grupo Aeroportuario del Pacifico Informative Letter to Shareholders; 06/03/2018 Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 12.7% for the Month of February; 07/05/2018 – GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV – LOAD FACTORS FOR MONTH DECREASED BY 0.4 PERCENTAGE POINTS, FROM 83.8% IN APRIL 2017 TO 83.4% IN APRIL 2018; 09/03/2018 – Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Announces Annual General Ordinary and Extraordinary Shareholders’ Meeting; 07/05/2018 – Grupo Aeroportuario del Pacifico: April Domestic Passenger Traffic Up 16%, Int’l Passenger Traffic Up 2.3%; 07/05/2018 – Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 9.7% for the Month of April; 20/04/2018 – Grupo Aeroportuario del Pacífico Announces Filing of 2017 Annual Report and Form 20-F; 17/04/2018 – AEROPORTUARIO DEL CENTRO OMAB.MX : HSBC RAISES TARGET PRICE TO 119 PESOS FROM 113 PESOS; 06/03/2018 – Grupo Aeroportuario del Pacifico Feb Load Factor 79.6

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on February, 21. They expect $1.65 EPS, up 6.45% or $0.10 from last year’s $1.55 per share. OMC’s profit will be $369.78M for 11.12 P/E if the $1.65 EPS becomes a reality. After $1.24 actual EPS reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts 33.06% EPS growth.

Investors sentiment decreased to 0.83 in 2018 Q3. Its down 0.17, from 1 in 2018Q2. It turned negative, as 49 investors sold OMC shares while 234 reduced holdings. 69 funds opened positions while 165 raised stakes. 226.63 million shares or 1.94% less from 231.12 million shares in 2018Q2 were reported. Highlander Capital Mgmt Ltd Liability owns 100 shares. Caisse De Depot Et Placement Du Quebec has 42,031 shares for 0.01% of their portfolio. Arizona State Retirement Systems accumulated 55,612 shares. Legacy Capital Prtnrs has invested 0.19% in Omnicom Group Inc. (NYSE:OMC). 208,624 were accumulated by Manufacturers Life Insur Communications The. 31,465 are owned by Raymond James Svcs Advsr. Kentucky Retirement System Fund holds 0.06% or 4,238 shares in its portfolio. Oakworth Capital owns 522 shares or 0.01% of their US portfolio. Fincl Counselors Incorporated holds 5,429 shares or 0.02% of its portfolio. The New Mexico-based New Mexico Educational Retirement Board has invested 0.05% in Omnicom Group Inc. (NYSE:OMC). 1.15 million were accumulated by Hl Svcs Limited Liability Corporation. Credit Suisse Ag has invested 0.02% in Omnicom Group Inc. (NYSE:OMC). State Bank stated it has 0.06% in Omnicom Group Inc. (NYSE:OMC). Twin Mgmt Inc invested in 60,295 shares or 0.19% of the stock. Nomura Asset Mgmt stated it has 35,615 shares.

Among 17 analysts covering Omnicom (NYSE:OMC), 3 have Buy rating, 2 Sell and 12 Hold. Therefore 18% are positive. Omnicom had 54 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $9600 target in Friday, July 21 report. On Monday, September 25 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Omnicom Group Inc. (NYSE:OMC) has “Neutral” rating given on Wednesday, October 18 by Credit Suisse. The firm has “Hold” rating by BMO Capital Markets given on Monday, October 16. JP Morgan maintained the stock with “Overweight” rating in Monday, March 21 report. The rating was maintained by Morgan Stanley on Wednesday, January 31 with “Underweight”. Citigroup maintained Omnicom Group Inc. (NYSE:OMC) rating on Wednesday, October 24. Citigroup has “Neutral” rating and $82 target. Macquarie Research downgraded it to “Neutral” rating and $83 target in Tuesday, June 6 report. The rating was maintained by Credit Suisse with “Neutral” on Friday, July 14. The rating was maintained by Pivotal Research with “Hold” on Monday, October 17.

More notable recent Omnicom Group Inc. (NYSE:OMC) news were published by: Fool.com which released: “Why Omnicom, UnitedHealth Group, and Goldman Sachs Slumped Today – The Motley Fool” on July 17, 2018, also Businesswire.com with their article: “Interbrand and Zuora Join Forces to Help Global Brands Succeed in the Subscription Economy – Business Wire” published on February 13, 2019, Benzinga.com published: “Morgan Stanley Says You Should Be Selling Omnicom (NYSE: OMC) – Benzinga” on October 16, 2017. More interesting news about Omnicom Group Inc. (NYSE:OMC) were released by: Benzinga.com and their article: “Earnings Scheduled For February 12, 2019 – Benzinga” published on February 12, 2019 as well as Seekingalpha.com‘s news article titled: “Turning Challenge Into Opportunity – Seeking Alpha” with publication date: June 25, 2018.

Since October 18, 2018, it had 0 insider purchases, and 4 selling transactions for $1.10 million activity. $40,657 worth of Omnicom Group Inc. (NYSE:OMC) was sold by RICE LINDA JOHNSON. Nelson Jonathan B. also sold $1.01 million worth of Omnicom Group Inc. (NYSE:OMC) shares.

Legacy Private Trust, which manages about $884.78M US Long portfolio, upped its stake in Vanguard Scottsdale Fds (VGIT) by 349,274 shares to 358,039 shares, valued at $22.23M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (SUB) by 11,866 shares in the quarter, for a total of 42,335 shares, and has risen its stake in Vanguard Index Fds (VB).

More notable recent Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) news were published by: Streetinsider.com which released: “EnviroStar (EVI) to Acquire PAC Industries for $12.85M – StreetInsider.com” on January 22, 2019, also Seekingalpha.com with their article: “Grupo Aeroportuario Del Pacífico: One ‘Legacy Asset’ For The Next 100 Years – Seeking Alpha” published on August 05, 2018, Nasdaq.com published: “Canada Jetlines Reaches Agreements with Puerto Vallarta, Los Cabos, and Cancun Airports – Nasdaq” on January 17, 2019. More interesting news about Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) were released by: Zacks.com and their article: “Grupo Aeroportuario del Pacifico (PAC) is an Incredible Growth Stock: 3 Reasons Why – Zacks.com” published on February 11, 2019 as well as Businesswire.com‘s news article titled: “EVI Industries, Inc. Completes Acquisition of PAC Industries, Inc. – Business Wire” with publication date: February 06, 2019.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart