WPP (NYSE:WPP) Rating Increased to Buy at Kepler Capital Markets

WPP (NYSE:WPP) was upgraded by Kepler Capital Markets from a “hold” rating to a “buy” rating in a research note issued on Friday, Marketbeat reports.

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

WPP Stock Down 1.1 %

Shares of WPP opened at $44.65 on Friday. WPP has a one year low of $43.02 and a one year high of $57.37. The business has a fifty day moving average of $51.19 and a 200 day moving average of $49.90.

Institutional Trading of WPP

Several large investors have recently modified their holdings of WPP. GAMMA Investing LLC grew its holdings in WPP by 45.3% during the third quarter. GAMMA Investing LLC now owns 648 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 202 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in WPP during the third quarter valued at about $84,000. Allspring Global Investments Holdings LLC grew its holdings in WPP by 27.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,509 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 753 shares during the period. Blue Trust Inc. grew its holdings in WPP by 378.4% during the third 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 during the third quarter valued at about $203,000. Institutional investors own 4.34% of the company’s stock.

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.