Are These 5 Advertising & Marketing Stocks Worth Buying?

#3 MDC Partners Inc (NASDAQ:MDCA)

 – Investors with long positions (as of March 31): 19

 – Aggregate value of investors’ holdings (as of March 31): $303.48 million

Moving on, despite its stock ending the first quarter with gains of nearly 10%, MDC Partners Inc (NASDAQ:MDCA) saw a drop in its popularity among hedge funds, as there were two less shareholders of the company in our database by the end of the quarter, while the aggregate value of their holdings in the stock dropped by 8.3%. MDC Partners Inc (NASDAQ:MDCA)’s stock suffered a big decline going into its first quarter earnings, which continued after the company reported its quarterly results. Owing largely to that decline, the stock is currently trading down by 19.89% year-to-date. While analysts had projected the company to report a loss of $0.10 per share on revenue of $323.48 million for the first quarter, MDC Partners delivered suffered a painful loss of $0.47 per share on revenue of $309 million. Richard Barrera‘s Roystone Capital Partners was one of the hedge funds that reduced its stake in the company during the quarter, by 24% to 2.6 million shares.

#2 Omnicom Group Inc. (NYSE:OMC)

 – Investors with long positions (as of March 31): 25

 – Aggregate value of investors’ holdings (as of March 31): $1.71 billion

Amid a 10% rally in Omnicom Group Inc. (NYSE:OMC)’s stock during the first quarter, the ownership of the company among the funds in our system increased by three and the aggregate value of their holdings in it rose by $73 million. Funds that initiated a stake in the company during the quarter included Neil Chriss‘ Hutchin Hill Capital, which purchased 71,000 Omnicom shares. Omnicom Group Inc. (NYSE:OMC) recently hiked its quarterly dividend by 10% to $0.55 per share, which translates into an annual dividend yield of 2.72%. On April 20, analysts at Barclays downgraded the stock to ‘Equal Weight’ from ‘Overweight’, but upped their price target on it to $90 from $82, which represents potential upside of over 10% from the stock’s current trading price.

#1 Interpublic Group of Companies Inc (NYSE:IPG)

 – Investors with long positions (as of March 31): 37

 – Aggregate value of investors’ holdings (as of March 31): $1.77 billion

Although the ownership of Interpublic Group of Companies Inc (NYSE:IPG) among the funds in our system remained unchanged during the first quarter, the aggregate value of their holdings in it fell by 20.8% during the period. Interpublic Group of Companies Inc (NYSE:IPG)’s stock has been on a consistent uptrend since the start of 2013, registering gains of 115% since that time. It recently made its 52-week high of $24.27 and is currently trading down by 1.63% in 2016. Despite the stellar rally in the stock over the past few years, it still sports a respectable annual dividend yield of 2.62%. Most analysts who cover Interpublic Group of Companies are optimistic about its future prospects. The stock currently sports an average rating of ‘Overweight’ and an average price target of $25.79 from the 16 leading analysts and research firms on the Street who track it. Among the funds that reduced their stake in Interpublic Group of Companies during the first quarter was billionaire Paul Singer‘s Elliott Management, which lowered its holding by 22% to 15.67 million shares.

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