Assetmark Inc. has increased its stake in Omnicom Group Inc. by 18.4% during the third quarter, now holding 787,830 shares valued at $64.23 million. This comes as other institutional investors have also adjusted their positions in the company, which recently announced an increased quarterly dividend of $0.80 per share. Analysts generally hold a “Hold” rating on Omnicom Group, with a consensus target price of $92.14.
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Assetmark Inc. Increases Stock Holdings in Omnicom Group Inc. $OMC
Assetmark Inc. has increased its stake in Omnicom Group Inc. by 18.4% during the third quarter, now holding 787,830 shares valued at $64.23 million. This comes as other institutional investors have also adjusted their positions in the company, which recently announced an increased quarterly dividend of $0.80 per share. Analysts generally hold a “Hold” rating on Omnicom Group, with a consensus target price of $92.14.