Trust Company Of Toledo Na Has Raised Omnicom Group (OMC) Holding By $316,368; Light Street Capital Management Upped By $7.04 Million Its Wayfair (W) Position

May 22, 2018 - By mmahotstuff

Omnicom Group Inc. (NYSE:OMC) Logo

Light Street Capital Management Llc increased Wayfair Inc (W) stake by 9.92% reported in 2017Q4 SEC filing. Light Street Capital Management Llc acquired 88,000 shares as Wayfair Inc (W)’s stock declined 16.33%. The Light Street Capital Management Llc holds 975,000 shares with $78.26 million value, up from 887,000 last quarter. Wayfair Inc now has $7.56B valuation. The stock decreased 0.77% or $0.66 during the last trading session, reaching $84.87. About 432,904 shares traded. Wayfair Inc. (NYSE:W) has risen 69.10% since May 22, 2017 and is uptrending. It has outperformed by 57.55% the S&P500.

Trust Company Of Toledo Na increased Omnicom Group Inc (OMC) stake by 42.27% reported in 2017Q4 SEC filing. Trust Company Of Toledo Na acquired 4,394 shares as Omnicom Group Inc (OMC)’s stock declined 1.21%. The Trust Company Of Toledo Na holds 14,789 shares with $1.08 million value, up from 10,395 last quarter. Omnicom Group Inc now has $17.20B valuation. The stock increased 0.50% or $0.38 during the last trading session, reaching $75.67. About 540,781 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since May 22, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Among 16 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Omnicom had 49 analyst reports since July 23, 2015 according to SRatingsIntel. On Monday, June 5 the stock rating was maintained by Jefferies with “Hold”. The rating was downgraded by Zacks to “Buy” on Tuesday, August 25. The company was maintained on Monday, August 14 by Jefferies. The company was maintained on Thursday, July 13 by BMO Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $96.0 target in Monday, September 25 report. RBC Capital Markets upgraded it to “Outperform” rating and $101 target in Wednesday, March 8 report. BMO Capital Markets maintained the shares of OMC in report on Monday, October 16 with “Hold” rating. Atlantic Securities upgraded Omnicom Group Inc. (NYSE:OMC) on Friday, March 2 to “Neutral” rating. The stock has “Hold” rating by BMO Capital Markets on Monday, January 22. Jefferies maintained the stock with “Hold” rating in Thursday, October 19 report.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.04, from 1 in 2017Q3. It is negative, as 56 investors sold OMC shares while 223 reduced holdings. 88 funds opened positions while 180 raised stakes. 231.12 million shares or 0.22% more from 230.60 million shares in 2017Q3 were reported. Focused Wealth Mngmt has invested 0.04% in Omnicom Group Inc. (NYSE:OMC). Albert D Mason owns 35,572 shares for 1.95% of their portfolio. Pub Employees Retirement Systems Of Ohio has 0.03% invested in Omnicom Group Inc. (NYSE:OMC) for 97,429 shares. 18,431 are owned by Norinchukin Bancorp The. Natixis holds 181,525 shares or 0.1% of its portfolio. Cna Corp reported 41,190 shares. Invest House owns 25,738 shares for 0.23% of their portfolio. Huntington Bank & Trust stated it has 0.04% in Omnicom Group Inc. (NYSE:OMC). Pzena reported 7.65 million shares stake. Bontempo Ohly Cap Mgmt Ltd Llc stated it has 33,846 shares. Jefferies Grp Limited Liability Company has 0.01% invested in Omnicom Group Inc. (NYSE:OMC) for 40,187 shares. Brinker has invested 0.1% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Boussard Gavaudan Investment Llp has invested 0.22% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Savant Capital Limited Liability Com, Illinois-based fund reported 2,750 shares. Whittier reported 75 shares.

Since December 11, 2017, it had 0 buys, and 4 selling transactions for $848,280 activity. Hewitt Dennis E. sold $154,758 worth of Omnicom Group Inc. (NYSE:OMC) on Wednesday, February 21. 499 shares valued at $37,580 were sold by RICE LINDA JOHNSON on Thursday, April 19. Sherman Peter K. had sold 8,310 shares worth $617,516 on Monday, December 11.

Trust Company Of Toledo Na decreased Dte Energy Co (NYSE:DTE) stake by 2,881 shares to 6,530 valued at $715,000 in 2017Q4. It also reduced Loomis Sayles Strategic Income Y (NEZYX) stake by 63,871 shares and now owns 625,926 shares. American Electric Power Co Inc (NYSE:AEP) was reduced too.

More notable recent Wayfair Inc. (NYSE:W) news were published by: Benzinga.com which released: “Morgan Stanley Says Wayfair Will Be Profitable, But Later Than Expected” on April 25, 2018, also Benzinga.com with their article: “Wayfair’s Better-Than-Expected Q1 Turns BofA Bullish” published on May 03, 2018, Seekingalpha.com published: “Wayfair: Unlocking Huge Potential” on May 03, 2018. More interesting news about Wayfair Inc. (NYSE:W) were released by: Benzinga.com and their article: “Rising Customer Acquisition Costs Could Pressure Wayfair, Wedbush Says Ahead Of Q1 Print” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Wayfair sees 33% jump in active customers” with publication date: May 02, 2018.

Since December 12, 2017, it had 1 insider buy, and 80 insider sales for $13.40 million activity. 762 shares valued at $64,442 were sold by Shah Niraj on Thursday, March 15. Oblak Steve sold $91,580 worth of stock. $10,816 worth of Wayfair Inc. (NYSE:W) shares were sold by Rodrigues Romero. Another trade for 600 shares valued at $37,182 was sold by Macri Edmond. $990,000 worth of Wayfair Inc. (NYSE:W) was sold by FLEISHER MICHAEL D. Another trade for 12,494 shares valued at $1.25 million was made by Savarese James on Thursday, February 15. The insider Mulliken John Champlin sold $15,649.

Among 33 analysts covering Wayfair LLC (NYSE:W), 15 have Buy rating, 2 Sell and 16 Hold. Therefore 45% are positive. Wayfair LLC had 96 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of W in report on Thursday, January 11 with “Buy” rating. The stock of Wayfair Inc. (NYSE:W) has “Neutral” rating given on Wednesday, August 9 by Credit Suisse. As per Friday, September 8, the company rating was maintained by Piper Jaffray. Piper Jaffray maintained the shares of W in report on Thursday, February 25 with “Overweight” rating. The company was initiated on Thursday, May 26 by Maxim Group. The firm has “Outperform” rating by Oppenheimer given on Friday, June 2. The stock has “Buy” rating by Piper Jaffray on Friday, June 30. The firm has “Buy” rating by Maxim Group given on Wednesday, November 9. The stock of Wayfair Inc. (NYSE:W) has “Buy” rating given on Wednesday, October 18 by Oppenheimer. The firm earned “Neutral” rating on Friday, February 23 by Credit Suisse.

Light Street Capital Management Llc decreased Square Inc stake by 450,000 shares to 1.23M valued at $42.47 million in 2017Q4. It also reduced Facebook Inc (NASDAQ:FB) stake by 75,000 shares and now owns 400,000 shares. Momo Inc was reduced too.

Investors sentiment decreased to 1.23 in Q4 2017. Its down 0.40, from 1.63 in 2017Q3. It dived, as 41 investors sold W shares while 50 reduced holdings. 48 funds opened positions while 64 raised stakes. 61.87 million shares or 6.68% more from 58.00 million shares in 2017Q3 were reported. Brandywine Global Inv Mgmt Limited owns 245,564 shares. Acadian Asset Ltd Liability Com invested 0% in Wayfair Inc. (NYSE:W). Geode Mngmt Ltd Com stated it has 332,163 shares or 0.01% of all its holdings. 202,673 were accumulated by Balyasny Asset Limited Liability Company. Raymond James Finance Svcs Advsr invested 0% of its portfolio in Wayfair Inc. (NYSE:W). Bancorp Of Mellon stated it has 0.02% in Wayfair Inc. (NYSE:W). Proshare Ltd Limited Liability Company stated it has 0.01% of its portfolio in Wayfair Inc. (NYSE:W). Baillie Gifford & Co holds 2.04 million shares or 0.2% of its portfolio. Credit Suisse Ag stated it has 0% in Wayfair Inc. (NYSE:W). Columbia Wanger Asset Mgmt Ltd Liability accumulated 378,419 shares. First Personal Svcs holds 0.03% or 2,032 shares in its portfolio. Aperio Grp Ltd Liability Com holds 3,998 shares or 0% of its portfolio. Cibc Asset reported 2,946 shares. Fox Point Capital Mngmt Ltd Llc accumulated 25,000 shares. Greenlight Capital holds 87,500 shares or 0.13% of its portfolio.

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

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