Yousif Capital Management LLC Sells 285 Shares of ManpowerGroup Inc. (NYSE:MAN)

Yousif Capital Management LLC lowered its position in ManpowerGroup Inc. (NYSE:MAN) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,770 shares of the business services provider’s stock after selling 285 shares during the period. Yousif Capital Management LLC’s holdings in ManpowerGroup were worth $1,141,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Pacer Advisors Inc. raised its stake in ManpowerGroup by 12,496.6% in the 3rd quarter. Pacer Advisors Inc. now owns 901,536 shares of the business services provider’s stock worth $66,281,000 after acquiring an additional 894,379 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of ManpowerGroup by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 794,704 shares of the business services provider’s stock valued at $58,444,000 after buying an additional 4,113 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of ManpowerGroup by 6.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 549,698 shares of the business services provider’s stock valued at $40,414,000 after buying an additional 32,083 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in shares of ManpowerGroup by 4.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 403,070 shares of the business services provider’s stock worth $29,634,000 after buying an additional 15,407 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its holdings in ManpowerGroup by 480.1% during the third quarter. Point72 Asset Management L.P. now owns 324,866 shares of the business services provider’s stock worth $23,884,000 after acquiring an additional 268,866 shares during the period. Institutional investors own 98.03% of the company’s stock.

Analyst Upgrades and Downgrades

MAN has been the topic of a number of recent analyst reports. UBS Group lowered their price target on shares of ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Truist Financial restated a “hold” rating and issued a $70.00 price objective (down from $74.00) on shares of ManpowerGroup in a research report on Friday, January 31st. BMO Capital Markets decreased their target price on ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating on the stock in a research report on Friday, October 18th. JPMorgan Chase & Co. dropped their price target on shares of ManpowerGroup from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, Barclays reduced their price objective on shares of ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating for the company in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $69.33.

ManpowerGroup Price Performance

ManpowerGroup stock opened at $55.20 on Friday. The company has a fifty day simple moving average of $58.35 and a 200-day simple moving average of $65.14. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 18.46 and a beta of 1.45. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. ManpowerGroup Inc. has a 52-week low of $53.70 and a 52-week high of $78.87.

ManpowerGroup 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.