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

Gilman Hill Asset Management LLC raised its stake in shares of WPP plc (NYSE:WPP) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,212 shares of the business services provider’s stock after buying an additional 1,865 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in WPP were worth $4,174,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in WPP. GAMMA Investing LLC boosted its stake in shares of WPP by 45.3% during the third quarter. GAMMA Investing LLC now owns 648 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 202 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of WPP during the third quarter worth about $84,000. Blue Trust Inc. lifted its stake in shares of WPP by 378.4% during the third quarter. Blue Trust Inc. now owns 3,526 shares of the business services provider’s stock valued at $180,000 after buying an additional 2,789 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of WPP by 27.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,509 shares of the business services provider’s stock valued at $180,000 after buying an additional 753 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in WPP in the 2nd quarter worth approximately $201,000. 4.34% of the stock is owned by institutional investors and hedge funds.

WPP Trading Up 1.1 %

Shares of WPP stock opened at $45.13 on Monday. The firm’s 50-day simple moving average is $51.66 and its 200-day simple moving average is $49.96. WPP plc has a 1-year low of $43.02 and a 1-year high of $57.37.

Analysts Set New Price Targets

Separately, StockNews.com lowered WPP from a “buy” rating to a “hold” rating in a research note on Monday, November 18th.

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.