Thomson Reuters (TRI) EPS Estimated At $0.57; Sanders Capital Decreased Omnicom Group (OMC) Holding

October 13, 2017 - By Henry Gaston

Sanders Capital Llc decreased Omnicom Group Inc (OMC) stake by 0.26% reported in 2017Q2 SEC filing. Sanders Capital Llc sold 6,800 shares as Omnicom Group Inc (OMC)’s stock declined 2.32%. The Sanders Capital Llc holds 2.57 million shares with $213.34M value, down from 2.58 million last quarter. Omnicom Group Inc now has $17.34B valuation. The stock declined 0.25% or $0.19 reaching $74.95 per share. About 1.64 million shares traded. Omnicom Group Inc. (NYSE:OMC) has risen 1.15% since October 13, 2016 and is uptrending. It has underperformed by 15.55% the S&P500.

Analysts expect Thomson Reuters Corp (NYSE:TRI) to report $0.57 EPS on November, 7.They anticipate $0.03 EPS change or 5.56% from last quarter’s $0.54 EPS. TRI’s profit would be $406.59 million giving it 20.53 P/E if the $0.57 EPS is correct. After having $0.60 EPS previously, Thomson Reuters Corp’s analysts see -5.00% EPS growth. The stock increased 0.82% or $0.38 during the last trading session, reaching $46.81. About 755,720 shares traded. Thomson Reuters Corp (NYSE:TRI) has risen 6.95% since October 13, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

Among 14 analysts covering Thomson Reuters (NYSE:TRI), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 21% are positive. Thomson Reuters had 26 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, August 1, the company rating was maintained by RBC Capital Markets. On Tuesday, February 9 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. On Monday, December 12 the stock rating was downgraded by National Bank Canada to “Sector Perform”. The firm earned “Hold” rating on Tuesday, September 26 by RBC Capital Markets. The company was upgraded on Thursday, June 15 by Macquarie Research. TD Securities downgraded the stock to “Hold” rating in Monday, June 27 report. On Wednesday, August 2 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating given on Tuesday, August 1 by Canaccord Genuity. FBR Capital downgraded Thomson Reuters Corp (NYSE:TRI) rating on Monday, October 26. FBR Capital has “Mkt Perform” rating and $42 target. The stock has “Neutral” rating by JP Morgan on Thursday, November 3.

Thomson Reuters Corporation is a Canada well-known provider of news and information for professional markets. The company has market cap of $33.39 billion. The Firm is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. It has a 34.36 P/E ratio. The Financial & Risk unit is a well-known provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Investors sentiment decreased to 0.67 in Q2 2017. Its down 0.42, from 1.09 in 2017Q1. It fall, as 44 investors sold Thomson Reuters Corp shares while 116 reduced holdings. 41 funds opened positions while 66 raised stakes. 184.16 million shares or 4.32% less from 192.47 million shares in 2017Q1 were reported. Geode Cap Management Llc reported 0.01% stake. Cadence Cap Mgmt Limited Liability has invested 0.11% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Driehaus Cap Limited Liability reported 0.02% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Baldwin Brothers Ma accumulated 678 shares or 0% of the stock. Cantab Capital Partners Llp holds 0% of its portfolio in Thomson Reuters Corp (NYSE:TRI) for 10,213 shares. Massachusetts Fincl Services Ma invested 0.03% in Thomson Reuters Corp (NYSE:TRI). Captrust Advisors invested 0% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Centurylink Investment Mngmt Communication owns 0.27% invested in Thomson Reuters Corp (NYSE:TRI) for 17,413 shares. Hillsdale Mgmt owns 68,750 shares. Hartford Inv Management holds 0% in Thomson Reuters Corp (NYSE:TRI) or 5,050 shares. Korea stated it has 142,129 shares or 0.03% of all its holdings. Comm Bank & Trust has 11,323 shares for 0.01% of their portfolio. Endurance Wealth Inc owns 700 shares for 0.01% of their portfolio. American Century Cos has invested 0.02% in Thomson Reuters Corp (NYSE:TRI). Lombard Odier Asset Management (Europe) Limited holds 0.01% or 3,997 shares in its portfolio.

Investors sentiment decreased to 0.89 in 2017 Q2. Its down 0.05, from 0.94 in 2017Q1. It worsened, as 53 investors sold OMC shares while 237 reduced holdings. 57 funds opened positions while 200 raised stakes. 225.35 million shares or 2.06% more from 220.79 million shares in 2017Q1 were reported. Teacher Retirement Sys Of Texas has invested 0.17% of its portfolio in Omnicom Group Inc. (NYSE:OMC). Moreover, Grandfield & Dodd Ltd Limited Liability Company has 0.07% invested in Omnicom Group Inc. (NYSE:OMC). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 49,616 shares. Massachusetts Ser Ma has 0.61% invested in Omnicom Group Inc. (NYSE:OMC) for 16.55M shares. Trustmark Bancorporation Department owns 26,461 shares or 0.25% of their US portfolio. 1832 Asset Mgmt Ltd Partnership reported 795,190 shares or 0.3% of all its holdings. Minnesota-based Wealth Enhancement Advisory Limited Liability has invested 0.15% in Omnicom Group Inc. (NYSE:OMC). Mackenzie Financial Corp has 1.98% invested in Omnicom Group Inc. (NYSE:OMC). Baldwin Brothers Ma owns 2,270 shares. Bridgeway invested in 0.05% or 54,000 shares. 1,241 are held by First Interstate Natl Bank. Security Bankshares Of So Dak holds 9,959 shares. Bank & Trust Of Montreal Can holds 0.03% or 385,025 shares in its portfolio. Moreover, Raymond James & Assocs has 0.11% invested in Omnicom Group Inc. (NYSE:OMC). California Employees Retirement holds 0.09% or 644,310 shares in its portfolio.

Sanders Capital Llc increased Abbvie Inc (NYSE:ABBV) stake by 4,400 shares to 627,533 valued at $45.50M in 2017Q2. It also upped Pepsico Inc (NYSE:PEP) stake by 1.63 million shares and now owns 3.86 million shares. Microsoft Corp (NASDAQ:MSFT) was raised too.

Since June 1, 2017, it had 0 buys, and 1 insider sale for $1.94 million activity. CRAWFORD BRUCE also sold $1.94 million worth of Omnicom Group Inc. (NYSE:OMC) on Thursday, June 1.

Among 14 analysts covering Omnicom (NYSE:OMC), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Omnicom had 31 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, June 5 with “Hold”. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Hold” rating by Barclays Capital on Friday, April 21. JP Morgan maintained the shares of OMC in report on Monday, March 21 with “Overweight” rating. Barclays Capital downgraded the stock to “Equal-Weight” rating in Wednesday, April 20 report. The rating was downgraded by Zacks to “Buy” on Tuesday, August 25. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 21. The stock of Omnicom Group Inc. (NYSE:OMC) has “Hold” rating given on Monday, July 17 by Wells Fargo. The firm has “Market Perform” rating by Wells Fargo given on Thursday, April 14. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 12 report. The rating was maintained by Pivotal Research on Monday, October 17 with “Hold”.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on October, 17. They expect $1.10 earnings per share, up 3.77% or $0.04 from last year’s $1.06 per share. OMC’s profit will be $254.49M for 17.03 P/E if the $1.10 EPS becomes a reality. After $1.40 actual earnings per share reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts -21.43% negative EPS growth.

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