3,977 Shares in WPP plc (NYSE:WPP) Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC bought a new position in WPP plc (NYSE:WPP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,977 shares of the business services provider’s stock, valued at approximately $203,000.

Several other hedge funds also recently bought and sold shares of WPP. Bank of Montreal Can increased its position in WPP by 72.0% in the 2nd quarter. Bank of Montreal Can now owns 191,401 shares of the business services provider’s stock worth $9,247,000 after purchasing an additional 80,102 shares during the last quarter. Dimensional Fund Advisors LP increased its position in WPP by 24.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 321,973 shares of the business services provider’s stock worth $14,759,000 after purchasing an additional 63,363 shares during the last quarter. Brandes Investment Partners LP increased its position in WPP by 7.0% in the 2nd quarter. Brandes Investment Partners LP now owns 652,269 shares of the business services provider’s stock worth $30,232,000 after purchasing an additional 42,690 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in WPP in the 2nd quarter worth about $1,860,000. Finally, Meritage Portfolio Management increased its position in WPP by 72.8% in the 3rd quarter. Meritage Portfolio Management now owns 94,710 shares of the business services provider’s stock worth $4,845,000 after purchasing an additional 39,894 shares during the last quarter. 4.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

WPP Price Performance

Shares of NYSE WPP opened at $51.62 on Tuesday. The business’s 50-day simple moving average is $51.54 and its 200-day simple moving average is $49.54. WPP plc has a 52 week low of $43.02 and a 52 week 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.