Global Trust Asset Management LLC Sells 3,226 Shares of WPP plc (NYSE:WPP)

Global Trust Asset Management LLC lowered its position in WPP plc (NYSE:WPP) by 75.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,068 shares of the business services provider’s stock after selling 3,226 shares during the quarter. Global Trust Asset Management LLC’s holdings in WPP were worth $55,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in WPP in the 3rd quarter worth about $1,479,000. Sanctuary Advisors LLC grew its stake in shares of WPP by 45.7% during the third quarter. Sanctuary Advisors LLC now owns 6,397 shares of the business services provider’s stock valued at $335,000 after buying an additional 2,007 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of WPP by 15.9% in the second quarter. Envestnet Asset Management Inc. now owns 199,110 shares of the business services provider’s stock worth $9,115,000 after buying an additional 27,384 shares during the period. GAMMA Investing LLC lifted its stake in shares of WPP by 92.4% during the 4th quarter. GAMMA Investing LLC now owns 1,247 shares of the business services provider’s stock worth $64,000 after acquiring an additional 599 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in WPP by 22.5% during the 3rd quarter. HighTower Advisors LLC now owns 19,658 shares of the business services provider’s stock valued at $1,001,000 after acquiring an additional 3,615 shares during the period. Institutional investors own 4.34% of the company’s stock.

WPP Trading Down 1.0 %

Shares of WPP opened at $45.17 on Thursday. WPP plc has a 1-year low of $43.02 and a 1-year high of $57.37. The company has a 50-day moving average of $51.33 and a 200 day moving average of $49.94.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered WPP from a “buy” rating to a “hold” rating in a research note on Monday, November 18th.

About WPP

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.