WPP plc (NYSE:WPP) Shares Purchased by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC boosted its stake in shares of WPP plc (NYSE:WPP) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,212 shares of the business services provider’s stock after acquiring an additional 1,865 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in WPP were worth $4,174,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of WPP by 47.9% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 5,356,064 shares of the business services provider’s stock worth $274,016,000 after purchasing an additional 1,734,750 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in WPP in the third quarter valued at $35,757,000. Bank of Montreal Can boosted its position in shares of WPP by 72.0% during the 2nd quarter. Bank of Montreal Can now owns 191,401 shares of the business services provider’s stock worth $9,247,000 after purchasing an additional 80,102 shares in the last quarter. Dimensional Fund Advisors LP grew 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 worth $14,759,000 after purchasing an additional 63,363 shares during the period. Finally, Brandes Investment Partners LP increased its holdings in shares of WPP by 7.0% in the 2nd quarter. Brandes Investment Partners LP now owns 652,269 shares of the business services provider’s stock valued at $30,232,000 after purchasing an additional 42,690 shares in the last quarter. 4.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of WPP from a “buy” rating to a “hold” rating in a report on Monday, November 18th.

WPP Stock Up 1.1 %

NYSE WPP opened at $45.13 on Monday. The business has a 50 day moving average price of $51.66 and a 200 day moving average price of $49.96. WPP plc has a 1-year low of $43.02 and a 1-year high of $57.37.

WPP 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.