Apollon Wealth Management LLC Buys Shares of 3,977 WPP plc (NYSE:WPP)

Apollon Wealth Management LLC bought a new stake in WPP plc (NYSE:WPP) during the third quarter, Holdings Channel.com reports. The fund bought 3,977 shares of the business services provider’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings 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 buying an additional 202 shares during the last quarter. Blue Trust Inc. lifted its position in shares of WPP by 767.1% in the 2nd quarter. Blue Trust Inc. now owns 737 shares of the business services provider’s stock worth $35,000 after acquiring an additional 652 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of WPP in the 1st quarter worth approximately $39,000. EverSource Wealth Advisors LLC lifted its position in shares of WPP by 62.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,320 shares of the business services provider’s stock worth $66,000 after acquiring an additional 505 shares during the period. Finally, Rothschild Investment LLC bought a new stake in shares of WPP in the 2nd quarter worth approximately $80,000. Institutional investors and hedge funds own 4.34% of the company’s stock.

WPP Stock Up 0.3 %

Shares of WPP stock opened at $51.62 on Tuesday. The stock’s fifty day simple moving average is $51.54 and its 200 day simple moving average is $49.54. WPP plc has a one year low of $43.02 and a one year high of $55.74.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Citigroup upgraded 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 research note on Monday.

WPP Company 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.