Ebay (EBAY) Shareholder Wealthtrust Fairport Cut Holding as Market Valuation Declined; Interpublic Group Cos (IPG) Position Held by Hamlin Capital Management Llc

The Interpublic Group of Companies, Inc. (NYSE:IPG) Logo

Wealthtrust Fairport Llc decreased its stake in Ebay Inc (EBAY) by 96.09% based on its latest 2018Q3 regulatory filing with the SEC. Wealthtrust Fairport Llc sold 122,571 shares as the company’s stock declined 14.03% with the market. The institutional investor held 4,989 shares of the business services company at the end of 2018Q3, valued at $165,000, down from 127,560 at the end of the previous reported quarter. Wealthtrust Fairport Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $28.98 billion market cap company. The stock decreased 0.63% or $0.19 during the last trading session, reaching $30.1. About 404,871 shares traded. eBay Inc. (NASDAQ:EBAY) has declined 21.36% since January 10, 2018 and is downtrending. It has underperformed by 21.36% the S&P500. Some Historical EBAY News: 25/04/2018 – eBay 1Q Adj EPS 53c; 09/05/2018 – EBay will relaunch its India business after selling its Flipkart stake to Walmart The company will gross more than $1 billion from exiting the relationship; 13/03/2018 – PAYPAL: EBAY CHANGES WILL HAVE SOME IMPACT BUT VERY MANAGABLE; 09/05/2018 – EBAY TO END ITS RELATIONSHIP WITH FLIPKART AFTER DEAL; 14/05/2018 – Old Mutual Adds eBay, Exits CVS, Cuts Nvidia: 13F; 17/05/2018 – EBay Launches New Way to Shop; 25/04/2018 – EBay Sees FY EPS $1.65-EPS $1.75; 17/05/2018 – EBay Launches Interests — a New Feature That Tailors Shopping Experience Based on a Person’s Passions, Hobbies, and Style; 20/03/2018 – New York Post: Picture of Jesse James worth millions sells on eBay for $10; 24/04/2018 – FDA: Contacted eBay to Raise Concerns Over Several Listings for JUUL Products on Its Website

Hamlin Capital Management Llc increased its stake in Interpublic Group Cos Inc (IPG) by 11.25% based on its latest 2018Q3 regulatory filing with the SEC. Hamlin Capital Management Llc bought 301,245 shares as the company’s stock rose 0.35% while stock markets declined. The institutional investor held 2.98M shares of the technology company at the end of 2018Q3, valued at $68.13M, up from 2.68M at the end of the previous reported quarter. Hamlin Capital Management Llc who had been investing in Interpublic Group Cos Inc for a number of months, seems to be bullish on the $8.43B market cap company. The stock decreased 1.22% or $0.27 during the last trading session, reaching $21.92. About 478,637 shares traded. The Interpublic Group of Companies, Inc. (NYSE:IPG) has risen 13.42% since January 10, 2018 and is uptrending. It has outperformed by 13.42% the S&P500. Some Historical IPG News: 02/05/2018 – McCann Creative Work Recognized at Global D&AD As Most Awarded Campaign in Show’s History; 15/05/2018 – McCann Health Wins One Show’s First-Ever Health Best of Discipline Award for Immunity Charm™ Campaign; 08/03/2018 – Weber Shandwick and SellersEaston Support Vital Voices, a Global Partnership for Empowering Women, with VoiceUp Series; 05/03/2018 34% of Generation Z Social Media Users Have Quit Social Media Entirely; 17/04/2018 – lnterpublic Group of Companies Inc expected to post earnings of 4 cents a share – Earnings Preview; 27/04/2018 – INTERPUBLIC GROUP OF COMPANIES INC – CONFIRMS THAT COMPANY REMAINS ON TRACK TO ACHIEVE 2018 FINANCIAL TARGETS; 29/03/2018 – IPG SAYS AARON SHAPIRO DEPARTS FOR NEW VENTURE; 29/03/2018 – Interpublic Names Michael Koziol Global CEO of Huge; 26/03/2018 – MRM//McCann Again Named a Leader in a Gartner Magic Quadrant Report; 30/04/2018 – McCann Study Finds Three-quarters of Canadian Women Say There is No Gender Equality in the Workplace

Among 18 analysts covering Interpublic Group of Companies (NYSE:IPG), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Interpublic Group of Companies had 61 analyst reports since September 7, 2015 according to SRatingsIntel. Argus Research maintained The Interpublic Group of Companies, Inc. (NYSE:IPG) on Wednesday, July 26 with “Buy” rating. The firm has “Outperform” rating given on Wednesday, July 26 by Telsey Advisory Group. The firm earned “Buy” rating on Monday, June 26 by Jefferies. The stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) has “Outperform” rating given on Wednesday, July 26 by BMO Capital Markets. Morgan Stanley upgraded it to “Overweight” rating and $27 target in Friday, December 18 report. The stock has “Hold” rating by Wells Fargo on Thursday, January 18. The firm has “Hold” rating given on Tuesday, July 25 by Pivotal Research. RBC Capital Markets maintained The Interpublic Group of Companies, Inc. (NYSE:IPG) on Friday, January 6 with “Top Pick” rating. As per Thursday, July 13, the company rating was maintained by RBC Capital Markets. Macquarie Research downgraded the shares of IPG in report on Tuesday, January 2 to “Underperform” rating.

Investors sentiment increased to 0.99 in 2018 Q3. Its up 0.17, from 0.82 in 2018Q2. It increased, as 21 investors sold IPG shares while 150 reduced holdings. 57 funds opened positions while 113 raised stakes. 373.56 million shares or 0.04% less from 373.72 million shares in 2018Q2 were reported. Sei Invests stated it has 0.08% of its portfolio in The Interpublic Group of Companies, Inc. (NYSE:IPG). Hightower Advsr Ltd stated it has 13,295 shares. Quantbot Technologies LP has 18,897 shares for 0.03% of their portfolio. Qs Investors Lc accumulated 9,309 shares or 0% of the stock. Alphamark Advsr Lc holds 0.02% or 2,680 shares in its portfolio. Sg Americas Secs Ltd Limited Liability Company stated it has 54,745 shares. Mirae Asset Glob Investments Limited owns 9,350 shares for 0% of their portfolio. Grp One Trading Limited Partnership reported 36,666 shares. Daiwa Securities Gp, Japan-based fund reported 90,863 shares. Carroll Associates Inc reported 0% of its portfolio in The Interpublic Group of Companies, Inc. (NYSE:IPG). Rmsincerbeaux Capital Mgmt Ltd invested in 0.59% or 31,800 shares. Raymond James Trust Na reported 22,752 shares. Amica Pension Fund Board Of Trustees accumulated 11,572 shares or 0.03% of the stock. Fmr Ltd Liability reported 35.56M shares stake. Stephens Ar owns 0.11% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 187,745 shares.

More notable recent The Interpublic Group of Companies, Inc. (NYSE:IPG) news were published by: Businesswire.com which released: “Shoe Carnival Names McCann Agency of Record to Elevate Brand Engagement – Business Wire” on January 09, 2019, also Globenewswire.com with their article: “Interpublic Group to Present at the Citi 2019 Global TMT West Conference – GlobeNewswire” published on January 04, 2019, Globenewswire.com published: “IPG Hosts Eighth Annual IPG Women’s Breakfast at Cannes Festival of Creativity – GlobeNewswire” on June 15, 2018. More interesting news about The Interpublic Group of Companies, Inc. (NYSE:IPG) were released by: Seekingalpha.com and their article: “Advertising stocks move further down on probe news – Seeking Alpha” published on September 28, 2018 as well as Seekingalpha.com‘s news article titled: “Interpublic Group of Companies Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” with publication date: July 24, 2018.

Since August 21, 2018, it had 0 insider buys, and 3 selling transactions for $1.44 million activity. On Monday, November 5 the insider Carter-Miller Jocelyn sold $203,001. Another trade for 50,000 shares valued at $1.12 million was made by Mergenthaler Frank on Tuesday, August 21.

Hamlin Capital Management Llc, which manages about $2.70B and $2.55 billion US Long portfolio, decreased its stake in Abb Ltd (NYSE:ABB) by 97,179 shares to 3.67 million shares, valued at $86.72 million in 2018Q3, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 24,125 shares in the quarter, leaving it with 849,213 shares, and cut its stake in Bce Inc (NYSE:BCE).

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on January, 30. They expect $0.56 EPS, up 14.29% or $0.07 from last year’s $0.49 per share. EBAY’s profit will be $539.18 million for 13.44 P/E if the $0.56 EPS becomes a reality. After $0.43 actual EPS reported by eBay Inc. for the previous quarter, Wall Street now forecasts 30.23% EPS growth.

Investors sentiment increased to 1.05 in Q3 2018. Its up 0.12, from 0.93 in 2018Q2. It increased, as 51 investors sold EBAY shares while 255 reduced holdings. 92 funds opened positions while 230 raised stakes. 772.11 million shares or 4.76% less from 810.72 million shares in 2018Q2 were reported. 1St Source Bancshares reported 15,841 shares. Fincl Counselors Inc holds 9,449 shares or 0.01% of its portfolio. Alpha Windward Ltd Liability reported 5,301 shares or 0.11% of all its holdings. Captrust Advsrs stated it has 5,157 shares. The California-based Lpl Fincl Lc has invested 0.01% in eBay Inc. (NASDAQ:EBAY). Davenport And Communication accumulated 6,781 shares or 0% of the stock. 676 were reported by Synovus Financial. Mitsubishi Ufj Trust has invested 0.09% of its portfolio in eBay Inc. (NASDAQ:EBAY). D E Shaw Company accumulated 9.34M shares. Montag A Associates has 0.03% invested in eBay Inc. (NASDAQ:EBAY) for 11,100 shares. Alpha Cubed Limited Liability Company invested 0.03% in eBay Inc. (NASDAQ:EBAY). The New York-based Engineers Gate Manager Lp has invested 0.16% in eBay Inc. (NASDAQ:EBAY). Vident Inv Advisory Ltd Liability Co owns 0.01% invested in eBay Inc. (NASDAQ:EBAY) for 10,734 shares. Moreover, Nuwave Invest Management Limited Liability has 0.02% invested in eBay Inc. (NASDAQ:EBAY). Joel Isaacson & Com Llc holds 0.08% or 15,363 shares in its portfolio.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “Will eBay (EBAY) Beat Estimates Again in Its Next Earnings Report? – Nasdaq” on January 01, 2019, also Investorplace.com with their article: “15 Winning Stocks to Buy in 2019 (That Were Losers in 2018) – Investorplace.com” published on December 14, 2018, Seekingalpha.com published: “eBay Focusing On Payments – Seeking Alpha” on November 01, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Fool.com and their article: “Amazon’s Latest Behind-the-Scenes Move to Compete With eBay and Walmart – The Motley Fool” published on December 21, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: American Tower, American Water Works, Bank of America, eBay, FedEx, Lululemon, Morgan Stanley, Vale, Verizon and More – 24/7 Wall St.” with publication date: December 12, 2018.

Wealthtrust Fairport Llc, which manages about $1.31 billion and $1.08 billion US Long portfolio, upped its stake in Salesforce Com Inc (NYSE:CRM) by 14,410 shares to 14,463 shares, valued at $2.30M in 2018Q3, according to the filing. It also increased its holding in Spdr Ser Tr (SJNK) by 17,460 shares in the quarter, for a total of 202,330 shares, and has risen its stake in Ishares Tr (IJH).

The Interpublic Group of Companies, Inc. (NYSE:IPG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.