Trexquant Investment LP Boosts Stake in ManpowerGroup in 2023
March 15, 2023
Trending News ☀️
MANPOWERGROUP ($NYSE:MAN): In 2023, Trexquant Investment LP has made a major move that is sure to turn heads in the investment world. The firm has significantly increased its stock holdings in ManpowerGroup Inc., a world leader in providing innovative workforce solutions. ManpowerGroup Inc. has a long history of delivering human resource solutions to organizations of all sizes, making it one of the most sought-after companies to invest in. Trexquant Investment LP has made a big statement with its increased stake in ManpowerGroup Inc., demonstrating their trust and confidence in the company’s ability to continue to provide innovative solutions. ManpowerGroup Inc. offers a comprehensive range of services, including recruitment and staffing, job placement and training, outplacement and talent management.
The company’s commitment to providing quality service and solutions has earned it a stellar reputation in the industry. With the increased investment from Trexquant Investment LP, ManpowerGroup Inc. is well-positioned to expand its service offerings and continue its success for many years to come. The company has already seen major success in the industry and its continued investment from Trexquant Investment LP is a major vote of confidence in ManpowerGroup Inc.’s ability to remain a leader in workforce solutions. This increased financial backing will help the company to continue to offer innovative solutions and maintain its edge in the marketplace.
Stock Price
On Monday, ManpowerGroup Inc., a world leader in innovative workforce solutions, experienced a decrease in its stock price. The stock opened at $79.8 and closed at $79.0, down 2.3% from its previous closing price of $80.9. The decline in price was likely due to news that Trexquant Investment LP had increased its stake in the company. Trexquant is a global investment firm with a focus on quantitative strategies and investments.
ManpowerGroup Inc. is a leading provider of workforce solutions and services, working with companies to provide highly skilled, adaptable personnel to meet the demands of a rapidly changing economy. With its strong presence in the global market, ManpowerGroup Inc. continues to be a major player in the staffing and human resource sector. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Manpowergroup Inc. More…
| Total Revenues | Net Income | Net Margin |
| 19.83k | 373.8 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Manpowergroup Inc. More…
| Operations | Investing | Financing |
| 423.3 | -85.3 | -482.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Manpowergroup Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.13k | 6.67k | 47.24 |
Key Ratios Snapshot
Some of the financial key ratios for Manpowergroup Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.7% | -3.8% | 3.0% |
| FCF Margin | ROE | ROA |
| 1.8% | 15.6% | 4.1% |
Analysis
At GoodWhale, we have performed a comprehensive analysis of MANPOWERGROUP INC‘s financials to provide investors with an accurate understanding of the company’s financial and business standing. Our Risk Rating placed MANPOWERGROUP INC at medium risk, indicating that it may be a lucrative investment opportunity but with certain risk factors. Therefore, it is advised to look into the business and financial areas that may have potential risks. By registering with us, you can gain access to detailed analyses of MANPOWERGROUP INC’s finances and understand the potential risks associated with this investment. We provide investors with the tools and resources needed for a more informed decision-making process. More…
Peers
Its competitors include Robert Half International Inc, Randstad NV, and Kelly Services Inc.
– Robert Half International Inc ($NYSE:RHI)
Robert Half International Inc. is a provider of professional staffing and consulting services. The company operates through three segments: Accountemps, Robert Half Finance & Accounting, and Robert Half Management Resources. The Accountemps segment provides temporary professional accounting and finance personnel. The Robert Half Finance & Accounting segment provides permanent placement professional accounting and finance personnel. The Robert Half Management Resources segment provides temporary and project professional management personnel. The company was founded in 1948 and is headquartered in Menlo Park, California.
– Randstad NV ($LTS:0NW2)
Randstad is a provider of human resources services. It is headquartered in the Netherlands and has over 4,800 offices in 40 countries. The company offers temporary and permanent staffing, outsourcing, and consulting services. It also provides a range of HR solutions, including payroll, benefits, and training.
– Kelly Services Inc ($NASDAQ:KELYA)
Kelly Services, Inc. is a provider of workforce solutions. The Company offers a range of services, including permanent, temporary and contract placement; outsourcing and consulting; and talent management solutions. It serves customers in a range of industries, including automotive, finance and accounting, healthcare, information technology, life sciences, manufacturing and office. The Company operates through three segments: Americas Staffing, International Staffing and Talent Solutions. The Company’s Americas Staffing segment provides staffing and human resource solutions to a range of customers throughout the United States, Canada and Puerto Rico. The International Staffing segment provides staffing solutions to a range of customers in approximately 30 countries. The Talent Solutions segment provides contract-based professional placement, managed service programs and outplacement services.
Summary
Trexquant Investment LP, a leading financial investment firm, recently increased its stake in ManpowerGroup Inc. for the fiscal year 2023. ManpowerGroup is a leading global workforce services provider, offering services such as recruitment, assessment, training, and workforce consulting. Trexquant’s increased investment further demonstrates a confidence in the company’s long-term prospects and potential to deliver returns. Analysts are optimistic about the company’s ability to capitalize on the ever-changing labor landscape and its commitment to delivering innovative services.
It has also earned a reputation as a reliable partner to businesses looking to improve their recruitment and training processes. With the increased investment from Trexquant, ManpowerGroup is expected to continue its growth trajectory in the coming years.
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