Rhumbline Advisers and
Natixis Advisors LLC have shifted their stakes in
The Interpublic Group of Companies, Inc. (IPG), with Rhumbline selling 31,552 shares and Natixis acquiring shares.
Bank of America lowered IPG's projected share price to $35.00. The company's current performance suggests strong fundamentals might be driving recent stock performance. IPG has been announced as a top socially responsible dividend stock, providing a 4.1% yield. They have also expanded their integrated health offering with the launch of
Mediabrands Health Center of Excellence. IPG is preparing to present at the
BofA Securities Media, Communications & Entertainment Conference. The company is also exploring the sale of
R/GA to
TCS, and elements of their performance have met, or exceeded, estimates. IPG had mixed results in 2023 with organic growth observed in Q4, while Q2 2024 earnings highlights include an earnings per share (EPS) of $0.57 that surpassed estimates and revenue reaching $2.71 billion. The company has declared a common stock
dividend while reports indicate they are using their debt sensibly.
The Interpublic Group of Companies IPG News Analytics from Fri, 06 Oct 2023 07:00:00 GMT to Sun, 08 Sep 2024 10:23:41 GMT -
Rating 7
- Innovation 3
- Information 6
- Rumor 4
