HF Advisory Group LLC Has $341,000 Stake in WPP plc (NYSE:WPP)

HF Advisory Group LLC boosted its position in shares of WPP plc (NYSE:WPP) by 23.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,668 shares of the business services provider’s stock after purchasing an additional 1,280 shares during the period. HF Advisory Group LLC’s holdings in WPP were worth $341,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Mondrian Investment Partners LTD lifted its position in shares of WPP by 46.5% in the first quarter. Mondrian Investment Partners LTD now owns 3,350,015 shares of the business services provider’s stock worth $158,791,000 after purchasing an additional 1,062,708 shares in the last quarter. Brandes Investment Partners LP lifted its position in WPP by 7.0% in the 2nd quarter. Brandes Investment Partners LP now owns 652,269 shares of the business services provider’s stock worth $30,232,000 after buying an additional 42,690 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of WPP by 24.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 321,973 shares of the business services provider’s stock valued at $14,759,000 after buying an additional 63,363 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of WPP by 15.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 199,110 shares of the business services provider’s stock valued at $9,115,000 after acquiring an additional 27,384 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in shares of WPP by 72.0% in the second quarter. Bank of Montreal Can now owns 191,401 shares of the business services provider’s stock worth $9,247,000 after acquiring an additional 80,102 shares during the last quarter. 4.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com cut WPP from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup upgraded WPP to a “strong-buy” rating in a report on Thursday, August 8th.

WPP Stock Up 1.7 %

WPP stock opened at $55.34 on Thursday. WPP plc has a 1 year low of $42.49 and a 1 year high of $55.63. The company has a fifty day simple moving average of $50.68 and a 200 day simple moving average of $49.38.

WPP Company Profile

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.