ManpowerGroup Inc. (NYSE:MAN) COO Darryl Green sold 10,000 shares of the company’s stock in a transaction on Tuesday, October 25th. The shares were sold at an average price of $78.15, for a total transaction of $781,500.00. Following the completion of the sale, the chief operating officer now owns 47 shares of the company’s stock, valued at approximately $3,673.05. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
ManpowerGroup Inc. (NYSE:MAN) opened at 76.80 on Monday. ManpowerGroup Inc. has a 1-year low of $57.26 and a 1-year high of $93.34. The firm has a market capitalization of $5.25 billion, a PE ratio of 12.61 and a beta of 1.82. The stock’s 50 day moving average is $72.18 and its 200-day moving average is $73.03.
ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Friday, October 21st. The company reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.16. ManpowerGroup had a net margin of 2.24% and a return on equity of 17.00%. The business earned $5.10 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter last year, the company earned $1.61 earnings per share. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. Equities research analysts forecast that ManpowerGroup Inc. will post $6.14 EPS for the current year.
MAN has been the subject of several research reports. BMO Capital Markets reiterated an “outperform” rating and issued a $81.00 price target on shares of ManpowerGroup in a research report on Tuesday, September 27th. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $85.00 price target on shares of ManpowerGroup in a research report on Friday, August 26th. Deutsche Bank AG set a $77.00 price target on shares of ManpowerGroup and gave the company a “hold” rating in a research report on Tuesday, October 18th. Nomura reiterated a “buy” rating and issued a $97.00 price target (down previously from $102.00) on shares of ManpowerGroup in a research report on Friday, July 22nd. Finally, Zacks Investment Research downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Monday, October 17th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $84.58.
Several hedge funds have recently added to or reduced their stakes in MAN. Skyline Asset Management LP increased its stake in ManpowerGroup by 4.0% in the first quarter. Skyline Asset Management LP now owns 306,700 shares of the company’s stock worth $24,972,000 after buying an additional 11,900 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its position in ManpowerGroup by 1.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 65,560 shares of the company’s stock worth $5,338,000 after buying an additional 727 shares in the last quarter. Natixis acquired a new position in ManpowerGroup during the first quarter worth approximately $16,911,000. A.R.T. Advisors LLC acquired a new position in ManpowerGroup during the first quarter worth approximately $777,000. Finally, Springbok Capital Management LLC increased its position in ManpowerGroup by 712.2% in the first quarter. Springbok Capital Management LLC now owns 8,650 shares of the company’s stock worth $704,000 after buying an additional 7,585 shares in the last quarter. 94.61% of the stock is owned by institutional investors and hedge funds.
ManpowerGroup Company Profile