Mezzasalma Advisors LLC Raises Stake in WPP plc (NYSE:WPP)

Mezzasalma Advisors LLC raised its stake in shares of WPP plc (NYSE:WPP) by 36.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,225 shares of the business services provider’s stock after buying an additional 1,934 shares during the quarter. Mezzasalma Advisors LLC’s holdings in WPP were worth $371,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC grew its stake 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 acquiring an additional 202 shares in the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of WPP by 5.2% in the fourth quarter. Aaron Wealth Advisors LLC now owns 5,105 shares of the business services provider’s stock worth $262,000 after purchasing an additional 251 shares during the period. HF Advisory Group LLC raised its position in shares of WPP by 3.9% in the fourth quarter. HF Advisory Group LLC now owns 6,928 shares of the business services provider’s stock worth $356,000 after buying an additional 260 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in WPP by 0.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 35,068 shares of the business services provider’s stock valued at $1,794,000 after buying an additional 303 shares during the period. Finally, Caprock Group LLC grew its position in WPP by 5.0% during the third quarter. Caprock Group LLC now owns 6,535 shares of the business services provider’s stock worth $334,000 after buying an additional 313 shares in the last quarter. 4.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com lowered WPP from a “buy” rating to a “hold” rating in a report on Monday, November 18th. Kepler Capital Markets raised shares of WPP from a “hold” rating to a “buy” rating in a research note on Friday, January 24th.

WPP Stock Down 0.2 %

Shares of WPP stock opened at $48.66 on Friday. The business has a 50-day moving average price of $50.04 and a two-hundred day moving average price of $49.86. WPP plc has a 12-month low of $43.02 and a 12-month high of $57.37.

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.