Is Manpowergroup (NYSE:MAN)’s Fuel Running Low? Reports Show More Sellers

February 15, 2018 - By Vivian Currie

 Is Manpowergroup (NYSE:MAN)’s Fuel Running Low? Reports Show More Sellers

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.08, from 0.95 in 2017Q2. It increased, as 22 investors sold ManpowerGroup Inc. shares while 134 reduced holdings. 50 funds opened positions while 111 raised stakes. 59.90 million shares or 0.51% less from 60.21 million shares in 2017Q2 were reported.
Hightower Advsr Ltd Com has 23,859 shares. Alliancebernstein L P stated it has 0% in ManpowerGroup Inc. (NYSE:MAN). 3,900 were reported by Public Sector Pension Investment Board. Nationwide Fund holds 0.06% of its portfolio in ManpowerGroup Inc. (NYSE:MAN) for 132,696 shares. Paragon Mgmt has invested 1.12% in ManpowerGroup Inc. (NYSE:MAN). State Board Of Administration Of Florida Retirement Systems holds 102,016 shares. Natixis Asset has invested 0.11% in ManpowerGroup Inc. (NYSE:MAN). Mu Invests Ltd has 330 shares. Affinity Advsr Limited Liability Com, California-based fund reported 68,276 shares. State Treasurer State Of Michigan has 247,030 shares. Northwestern Mutual Wealth has 1,130 shares. Liberty Mutual Group Asset Mgmt reported 19,480 shares or 0.13% of all its holdings. X Mgmt Ltd Com invested 0.01% of its portfolio in ManpowerGroup Inc. (NYSE:MAN). 292,807 are owned by Federated Invsts Pa. Bank Of Hawaii has invested 0.02% of its portfolio in ManpowerGroup Inc. (NYSE:MAN).

Since August 16, 2017, it had 0 insider buys, and 2 sales for $1.79 million activity. $957,591 worth of stock was sold by Boswell Gina on Tuesday, October 24.

The stock of Manpowergroup (NYSE:MAN) registered an increase of 1.38% in short interest. MAN’s total short interest was 1.42 million shares in February as published by FINRA. Its up 1.38% from 1.40 million shares, reported previously. With 318,300 shares average volume, it will take short sellers 5 days to cover their MAN’s short positions.

The stock decreased 0.30% or $0.37 during the last trading session, reaching $122.6. About 171,566 shares traded. ManpowerGroup Inc. (NYSE:MAN) has risen 32.35% since February 15, 2017 and is uptrending. It has outperformed by 15.65% the S&P500.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company has market cap of $8.13 billion. The companyÂ’s recruitment service portfolio includes permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions. It has a 15.25 P/E ratio. It also offers various assessment services; career management; training and development services; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.

ManpowerGroup Inc. (NYSE:MAN) Ratings Coverage

Among 15 analysts covering ManpowerGroup Inc (NYSE:MAN), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. ManpowerGroup Inc had 48 analyst reports since July 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained ManpowerGroup Inc. (NYSE:MAN) rating on Friday, September 29. BMO Capital Markets has “Buy” rating and $132.0 target. The firm has “Buy” rating by Zacks given on Thursday, August 13. The rating was maintained by SunTrust with “Hold” on Wednesday, October 18. The company was initiated on Thursday, April 7 by Argus Research. The stock has “Buy” rating by Robert W. Baird on Friday, September 1. The rating was maintained by BMO Capital Markets on Friday, October 13 with “Buy”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, February 4. On Monday, June 27 the stock rating was downgraded by Avondale to “Mkt Perform”. The stock has “Hold” rating by Deutsche Bank on Wednesday, December 9. The firm has “Buy” rating by BMO Capital Markets given on Friday, February 2.

More recent ManpowerGroup Inc. (NYSE:MAN) news were published by: Seekingalpha.com which released: “ManpowerGroup’s (MAN) CEO Jonas Prising on Q4 2017 Results – Earnings Call …” on February 02, 2018. Also Nasdaq.com published the news titled: “ManpowerGroup Q4 Profit Climbs” on February 02, 2018. Zacks.com‘s news article titled: “ManpowerGroup (MAN) Beats Q4 Earnings and Revenue Estimates” with publication date: February 05, 2018 was also an interesting one.

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