Blue Trust Inc. lifted its position in shares of ManpowerGroup Inc. (NYSE:MAN – Free Report) by 248.3% during the third quarter, HoldingsChannel reports. The firm owned 526 shares of the business services provider’s stock after buying an additional 375 shares during the quarter. Blue Trust Inc.’s holdings in ManpowerGroup were worth $37,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MAN. AQR Capital Management LLC lifted its position in ManpowerGroup by 55.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,608,368 shares of the business services provider’s stock valued at $112,264,000 after acquiring an additional 573,027 shares in the last quarter. Pzena Investment Management LLC bought a new stake in ManpowerGroup in the 2nd quarter valued at $24,508,000. Millennium Management LLC lifted its position in ManpowerGroup by 163.7% in the 2nd quarter. Millennium Management LLC now owns 407,970 shares of the business services provider’s stock valued at $28,476,000 after acquiring an additional 253,287 shares in the last quarter. Victory Capital Management Inc. lifted its position in ManpowerGroup by 4.7% in the 2nd quarter. Victory Capital Management Inc. now owns 4,125,887 shares of the business services provider’s stock valued at $287,987,000 after acquiring an additional 183,527 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in ManpowerGroup by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,299,985 shares of the business services provider’s stock valued at $160,539,000 after acquiring an additional 103,059 shares in the last quarter. 98.03% of the stock is owned by institutional investors.
Insider Transactions at ManpowerGroup
In other news, CFO John T. Mcginnis acquired 8,000 shares of the stock in a transaction dated Wednesday, October 23rd. The shares were bought at an average cost of $62.28 per share, for a total transaction of $498,240.00. Following the purchase, the chief financial officer now directly owns 70,639 shares of the company’s stock, valued at approximately $4,399,396.92. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.40% of the stock is owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Stock Report on MAN
ManpowerGroup Stock Up 0.8 %
ManpowerGroup stock opened at $63.34 on Friday. The firm has a market capitalization of $3.01 billion, a PE ratio of 80.18 and a beta of 1.45. The company’s 50-day moving average is $70.34 and its 200-day moving average is $72.00. ManpowerGroup Inc. has a fifty-two week low of $61.53 and a fifty-two week high of $80.25. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.15 and a quick ratio of 1.14.
ManpowerGroup Company Profile
ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.
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