Sanctuary Advisors LLC Has $335,000 Stake in WPP plc (NYSE:WPP)

Sanctuary Advisors LLC lifted its holdings in WPP plc (NYSE:WPP) by 45.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,397 shares of the business services provider’s stock after acquiring an additional 2,007 shares during the quarter. Sanctuary Advisors LLC’s holdings in WPP were worth $335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC increased its position in WPP by 45.3% in the 3rd 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 in the last quarter. Rothschild Investment LLC acquired a new stake in WPP in the second quarter worth about $80,000. Allspring Global Investments Holdings LLC raised its holdings in WPP by 239.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,756 shares of the business services provider’s stock worth $126,000 after purchasing an additional 1,943 shares during the last quarter. Blue Trust Inc. lifted its position in WPP by 378.4% during the 3rd quarter. Blue Trust Inc. now owns 3,526 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 2,789 shares during the period. Finally, Apollon Wealth Management LLC bought a new stake in WPP in the third quarter valued at about $203,000. 4.34% of the stock is currently owned by institutional investors and hedge funds.

WPP Stock Down 0.1 %

NYSE:WPP opened at $52.04 on Friday. WPP plc has a twelve month low of $43.02 and a twelve month high of $57.37. The firm has a market capitalization of $11.23 billion, a price-to-earnings ratio of 8.85, a price-to-earnings-growth ratio of 8.03 and a beta of 1.27. The stock’s 50 day moving average price is $53.49 and its two-hundred day moving average price is $49.90.

Analyst Ratings Changes

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

About WPP

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.