WPP plc (NYSE:WPP) Shares Acquired by Meritage Portfolio Management

Meritage Portfolio Management increased its holdings in shares of WPP plc (NYSE:WPP) by 72.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,710 shares of the business services provider’s stock after buying an additional 39,894 shares during the period. Meritage Portfolio Management’s holdings in WPP were worth $4,845,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its holdings in WPP by 45.3% in 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 in the last quarter. Mezzasalma Advisors LLC raised its holdings in shares of WPP by 7.3% in the 3rd quarter. Mezzasalma Advisors LLC now owns 5,291 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 358 shares in the last quarter. Aaron Wealth Advisors LLC lifted its position in shares of WPP by 8.4% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 4,707 shares of the business services provider’s stock worth $215,000 after purchasing an additional 364 shares during the last quarter. Signaturefd LLC grew its stake in shares of WPP by 4.2% during the second quarter. Signaturefd LLC now owns 9,504 shares of the business services provider’s stock worth $435,000 after purchasing an additional 380 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in WPP by 62.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,320 shares of the business services provider’s stock valued at $66,000 after buying an additional 505 shares during the last quarter. 4.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WPP has been the subject of several analyst reports. Citigroup raised WPP to a “strong-buy” rating in a research report on Thursday, August 8th. StockNews.com downgraded WPP from a “buy” rating to a “hold” rating in a report on Sunday.

WPP Stock Performance

NYSE WPP traded down $1.09 during trading hours on Friday, hitting $54.55. The company had a trading volume of 178,364 shares, compared to its average volume of 118,408. The business has a 50 day moving average of $50.98 and a 200-day moving average of $49.47. WPP plc has a 1-year low of $42.49 and a 1-year high of $55.74.

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.