Fisher Asset Management LLC makes a $1.02 Million Investment in WPP Plc.

According to the company's most recent SEC filing, Fisher Asset Management LLC made a new stake in WPP plc during the third quarter of this year.

‍

The institutional investor purchased a total of 24,810 shares of the company's stock through an investment of about 1,022,000 dollars.

‍

Recent moves by these entities have affected several institutional investors and hedge fund industry positions.

‍

During the third quarter, Wipfli Financial Advisors LLC initiated a new position in WPP by acquiring roughly $35,000 of the company's shares.

‍

This marked the start of the new role. In the second quarter, JPMorgan Chase & Co boosted the fraction of WPP shares it owned by 49.6%.

‍

JPMorgan Chase & Co currently holds 986 shares of the business services provider's stock following the acquisition of an additional 327 shares at various periods throughout the quarter.

‍

Each share is worth $50,000, and the company's present holdings are worth $986,000.

‍

Global Retirement Partners LLC held 26.2% more WPP shares at the end of the third quarter than it did at the beginning. Global Retirement Partners LLC now holds 1,203 shares of the business service provider's stock valued at $53,000 after purchasing an additional 250 shares during the last time. Geneos Wealth Management INC boosted its ownership in WPP shares by 34.6% over the year's first three months.

‍

Geneos Wealth Management INC now owns a total of 977 shares of the business services provider's stock, valued at $63,000, after purchasing an additional 251 shares during the last period.

‍

These shares were obtained as a result of 977 stock acquisitions over the time.

‍

Captrust Financial Advisors increased the amount of WPP stock owned by 51.2% during the second quarter, indicating that this is by no means the most significant achievement.

‍

Captrust Financial Advisors now has 1,565 shares of the business services provider's stock, which is now worth $79,000, after the acquisition of an additional 530 shares during the period.

‍

These shares were obtained as a result of a subsequent transaction made within the period. 3.79 percent of the firm's outstanding shares are owned in institutional and hedge fund investment portfolios. Additionally, hedge funds control 3.79 percent of the company's outstanding shares.

‍

Multiple research groups have criticized WPP for how it conducts its business. JPMorgan Chase & Co disclosed in a research note published on Monday, December 12, that it had lifted its price target for WPP from GBX 1,210 ($14.55) to GBX 1,260 ($15.15).

‍

In reaction to recent market activity, this modification has been made.

Deutsche Bank Aktiengesellschaft decreased their price target on WPP from GBX 1,370 ($16.47) to GBX 1,100 ($13.22) in a research report that released on Monday, October 17, suggesting a fall in their price forecast for the company.

‍

In a research note released on January 31, Barclays reported that their rating for WPP has been upgraded to "overweight." Prior to this alteration, the evaluation was "equal weight." In a research note released on January 18, Goldman Sachs Group said that their rating for WPP shares changed from "neutral" to "buy." The prior "hold" recommendation for WPP was upgraded to "buy" in a research report released by StockNews.com on October 27. One financial expert has recommended selling the stock, two other analysts have kept a hold recommendation for the stock, and five financial experts have maintained a buy rating for the stock.

‍

The business is now considered as having a consensus rating of "Moderate Buy," with a price target of $1,001.29, according to data given by Trade Algo.

‍

This price objective was calculated by averaging the individual price objectives.

WPP shares began trading at $61.67 per share on the New York Stock Exchange.

‍

The company's 200-day moving average price per share is $47.70, and the 50-day moving average price per share is $53.92. Throughout this period, the price of WPP plc's stock fluctuated between $83.68 and $39.67.

‍

The company is divided into three distinct operating sections known as "integrated global agencies," "public relations agencies," and "specialized agencies" Advertising, marketing, and brand strategies and campaigns are examples of the sorts of services that come under this category. Global Integrated Agencies delivers a vast array of creative services to its clients across all forms of media.

‍