BNP Paribas Financial Markets Has $800,000 Position in ManpowerGroup Inc. (NYSE:MAN)

BNP Paribas Financial Markets raised its position in ManpowerGroup Inc. (NYSE:MANFree Report) by 21.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,066 shares of the business services provider’s stock after buying an additional 1,784 shares during the period. BNP Paribas Financial Markets’ holdings in ManpowerGroup were worth $800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its holdings in ManpowerGroup by 54.8% in the 4th quarter. Venturi Wealth Management LLC now owns 452 shares of the business services provider’s stock valued at $36,000 after buying an additional 160 shares during the last quarter. Hexagon Capital Partners LLC raised its stake in shares of ManpowerGroup by 145.7% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,086 shares of the business services provider’s stock valued at $86,000 after acquiring an additional 644 shares during the last quarter. Covestor Ltd lifted its holdings in shares of ManpowerGroup by 8.0% during the third quarter. Covestor Ltd now owns 2,578 shares of the business services provider’s stock worth $189,000 after purchasing an additional 190 shares during the period. M&T Bank Corp acquired a new position in shares of ManpowerGroup during the fourth quarter worth $206,000. Finally, Camelot Portfolios LLC bought a new stake in shares of ManpowerGroup in the fourth quarter worth $236,000. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Price Performance

Shares of MAN opened at $73.19 on Friday. The firm has a market cap of $3.49 billion, a PE ratio of 75.45, a price-to-earnings-growth ratio of 1.56 and a beta of 1.50. ManpowerGroup Inc. has a 52-week low of $67.35 and a 52-week high of $88.91. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.17 and a current ratio of 1.17. The business’s 50 day moving average price is $75.06 and its two-hundred day moving average price is $75.21.

ManpowerGroup (NYSE:MANGet Free Report) last issued its earnings results on Thursday, April 18th. The business services provider reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.04. ManpowerGroup had a net margin of 0.27% and a return on equity of 11.45%. The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same period in the prior year, the firm earned $1.61 earnings per share. ManpowerGroup’s revenue was down 7.3% on a year-over-year basis. On average, equities analysts anticipate that ManpowerGroup Inc. will post 5 EPS for the current year.

ManpowerGroup Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, June 14th. Investors of record on Monday, June 3rd will be paid a dividend of $1.54 per share. This is an increase from ManpowerGroup’s previous semi-annual dividend of $1.47. This represents a yield of 3.8%. The ex-dividend date is Monday, June 3rd. ManpowerGroup’s dividend payout ratio is 303.10%.

Analyst Upgrades and Downgrades

Several research analysts have commented on MAN shares. BMO Capital Markets lifted their target price on ManpowerGroup from $81.00 to $84.00 and gave the stock a “market perform” rating in a report on Monday, April 22nd. UBS Group cut their price objective on ManpowerGroup from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, April 19th. Finally, JPMorgan Chase & Co. increased their target price on shares of ManpowerGroup from $82.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, April 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $83.00.

Check Out Our Latest Stock Report on ManpowerGroup

ManpowerGroup Profile

(Free Report)

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.

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Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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