Corient Private Wealth LLC Has $387,000 Position in ManpowerGroup Inc. (NYSE:MAN)

Corient Private Wealth LLC trimmed its stake in ManpowerGroup Inc. (NYSE:MAN) by 18.1% in the fourth quarter, HoldingsChannel reports. The firm owned 6,711 shares of the business services provider’s stock after selling 1,482 shares during the period. Corient Private Wealth LLC’s holdings in ManpowerGroup were worth $387,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAN. Harbor Capital Advisors Inc. grew its stake in ManpowerGroup by 0.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 47,562 shares of the business services provider’s stock valued at $2,745,000 after purchasing an additional 234 shares during the period. Captrust Financial Advisors lifted its position in ManpowerGroup by 11.8% during the third quarter. Captrust Financial Advisors now owns 3,260 shares of the business services provider’s stock valued at $240,000 after purchasing an additional 344 shares during the last quarter. KBC Group NV grew its position in ManpowerGroup by 1.0% in the fourth quarter. KBC Group NV now owns 54,109 shares of the business services provider’s stock worth $3,123,000 after acquiring an additional 536 shares in the last quarter. Alexander Randolph Advisory Inc. increased its position in shares of ManpowerGroup by 1.7% during the 4th quarter. Alexander Randolph Advisory Inc. now owns 33,148 shares of the business services provider’s stock valued at $1,913,000 after purchasing an additional 545 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its position in ManpowerGroup by 171.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 890 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 562 shares during the last quarter. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Trading Down 1.0 %

MAN stock opened at $58.75 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 1.15. The company has a market capitalization of $2.75 billion, a PE ratio of 19.65 and a beta of 1.43. The firm’s 50-day moving average is $58.26 and its 200 day moving average is $61.99. ManpowerGroup Inc. has a 12 month low of $53.31 and a 12 month high of $78.87.

Analyst Ratings Changes

A number of equities analysts have commented on the company. UBS Group decreased their price target on ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. decreased their target price on ManpowerGroup from $67.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Barclays dropped their price target on ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating on the stock in a research report on Friday, January 3rd. Finally, Truist Financial reissued a “hold” rating and set a $70.00 price objective (down from $74.00) on shares of ManpowerGroup in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $69.33.

About ManpowerGroup

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.