Raymond James Financial Services Advisors Inc. acquired a new stake in shares of OUTFRONT Media Inc. (NYSE:OUT – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 12,543 shares of the financial services provider’s stock, valued at approximately $175,000.
Several other large investors have also bought and sold shares of OUT. Versant Capital Management Inc boosted its holdings in shares of OUTFRONT Media by 1,369.2% during the 4th quarter. Versant Capital Management Inc now owns 2,336 shares of the financial services provider’s stock valued at $33,000 after buying an additional 2,177 shares in the last quarter. Wellington Management Group LLP grew its holdings in OUTFRONT Media by 4.9% in the third quarter. Wellington Management Group LLP now owns 2,857,027 shares of the financial services provider’s stock worth $28,856,000 after purchasing an additional 134,360 shares during the period. Advisors Capital Management LLC increased its stake in shares of OUTFRONT Media by 71.6% during the third quarter. Advisors Capital Management LLC now owns 828,335 shares of the financial services provider’s stock valued at $8,366,000 after purchasing an additional 345,626 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in shares of OUTFRONT Media by 14.3% during the third quarter. Penserra Capital Management LLC now owns 33,422 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 4,187 shares during the last quarter. Finally, Rush Island Management LP bought a new stake in shares of OUTFRONT Media in the 3rd quarter worth approximately $12,117,000.
OUTFRONT Media Stock Down 0.7 %
OUTFRONT Media stock opened at $15.34 on Friday. OUTFRONT Media Inc. has a 12 month low of $8.18 and a 12 month high of $17.02. The stock has a fifty day simple moving average of $15.45 and a two-hundred day simple moving average of $13.43. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 4.39. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of -5.75, a PEG ratio of 1.01 and a beta of 1.87.
OUTFRONT Media Dividend Announcement
Analyst Ratings Changes
OUT has been the subject of a number of analyst reports. StockNews.com raised OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. TheStreet raised OUTFRONT Media from a “d+” rating to a “c-” rating in a research report on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $14.50.
OUTFRONT Media Company Profile
OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Read More
- Five stocks we like better than OUTFRONT Media
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Hasbro’s Management Made All the Right Calls This Quarter
- How to Find Undervalued Stocks
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Transportation Stocks Investing
- Power Surge: Utilities Sector’s Resilience Shines
Want to see what other hedge funds are holding OUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OUTFRONT Media Inc. (NYSE:OUT – Free Report).
Receive News & Ratings for OUTFRONT Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OUTFRONT Media and related companies with MarketBeat.com's FREE daily email newsletter.