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Omnicom Group Inc. $OMC Position Increased by Miller Howard Investments Inc. NY
Miller Howard Investments Inc. NY significantly increased its stake in Omnicom Group Inc. ($OMC) by 9,971.0% in Q4, acquiring 569,445 additional shares to hold a total of 575,156 shares valued at $46.44 million. This move made Omnicom 1.4% of the fund’s portfolio and its 28th largest position, despite Omnicom missing Q4 earnings and revenue estimates. Omnicom’s board authorized a $5.0 billion share buyback program, and the company offers a quarterly dividend of $0.80 per share, yielding 4.1%.