2 weeks Ago By ABMN Staff
Bank of Montreal Can lowered its position in shares of ManpowerGroup Inc. ( NYSE:MAN – Free Report ) by 77.6% during the 4th quarter, HoldingsChannel.
com reports. The institutional investor owned 8,152 shares of the business services provider’s stock after selling 28,176 shares during the period. Bank of Montreal Can’s holdings in ManpowerGroup were worth $471,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Merit Financial Group LLC purchased a new position in shares of ManpowerGroup in the fourth quarter worth about $241,000. Sanctuary Advisors LLC grew its position in ManpowerGroup by 39.
8% during the 3rd quarter. Sanctuary Advisors LLC now owns 7,754 shares of the business services provider’s stock worth $570,000 after purchasing an additional 2,208 shares during the period. AlphaQuest LLC raised its stake in shares of ManpowerGroup by 4,364.
3% during the 4th quarter. AlphaQuest LLC now owns 27,991 shares of the business services provider’s stock valued at $1,616,000 after buying an additional 27,364 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of ManpowerGroup by 34.
5% in the 4th quarter. Bank of New York Mellon Corp now owns 748,246 shares of the business services provider’s stock valued at $43,189,000 after buying an additional 191,901 shares during the period. Finally, JPMorgan Chase & Co.
grew its holdings in ManpowerGroup by 1.2% during the third quarter. JPMorgan Chase & Co.
now owns 162,534 shares of the business services provider’s stock worth $11,950,000 after acquiring an additional 1,999 shares during the period. Institutional investors own 98.03% of the company’s stock.
ManpowerGroup Price Performance NYSE:MAN opened at $39.88 on Tuesday. ManpowerGroup Inc.
has a one year low of $39.22 and a one year high of $78.87.
The stock has a market cap of $1.86 billion, a PE ratio of 13.34 and a beta of 1.
28. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.
15 and a current ratio of 1.12. The stock has a 50 day moving average price of $55.
18 and a 200 day moving average price of $59.27. Analysts Set New Price Targets MAN has been the subject of a number of analyst reports.
JPMorgan Chase & Co. decreased their price target on ManpowerGroup from $65.00 to $50.
00 and set a “neutral” rating for the company in a report on Monday. Barclays raised shares of ManpowerGroup from an “underweight” rating to an “equal weight” rating and cut their price objective for the company from $55.00 to $50.
00 in a report on Thursday, April 10th. BMO Capital Markets dropped their target price on ManpowerGroup from $54.00 to $48.
00 and set a “market perform” rating on the stock in a research report on Monday. UBS Group cut their price target on shares of ManpowerGroup from $63.00 to $57.
00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Finally, Truist Financial cut their price objective on ManpowerGroup from $55.00 to $48.
00 and set a “hold” rating for the company in a research note on Monday. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.
com, the stock has an average rating of “Hold” and a consensus target price of $57.50. View Our Latest Research Report on MAN About ManpowerGroup ( 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. Featured Articles Want to see what other hedge funds are holding MAN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for ManpowerGroup Inc. ( NYSE:MAN – Free Report ). Receive News & Ratings for ManpowerGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManpowerGroup and related companies with MarketBeat.
com's FREE daily email newsletter ..
