1 week Ago By ABMN Staff
Mariner LLC increased its stake in OUTFRONT Media Inc. ( NYSE:OUT – Free Report ) by 15.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 55,980 shares of the financial services provider’s stock after acquiring an additional 7,455 shares during the period. Mariner LLC’s holdings in OUTFRONT Media were worth $993,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of OUT.
Cohen & Steers Inc. boosted its stake in shares of OUTFRONT Media by 87.8% in the 4th quarter.
Cohen & Steers Inc. now owns 5,243,211 shares of the financial services provider’s stock valued at $93,015,000 after buying an additional 2,450,632 shares during the period. Barclays PLC increased its position in shares of OUTFRONT Media by 34.
6% in the 4th quarter. Barclays PLC now owns 674,920 shares of the financial services provider’s stock valued at $11,974,000 after purchasing an additional 173,481 shares during the last quarter. Summit Investment Advisors Inc.
lifted its position in shares of OUTFRONT Media by 5.5% during the 4th quarter. Summit Investment Advisors Inc.
now owns 15,484 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 812 shares during the last quarter. Sterling Capital Management LLC grew its stake in shares of OUTFRONT Media by 672.5% during the fourth quarter.
Sterling Capital Management LLC now owns 2,897 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 2,522 shares in the last quarter. Finally, LSV Asset Management increased its holdings in OUTFRONT Media by 6,623.5% in the fourth quarter.
LSV Asset Management now owns 1,595,362 shares of the financial services provider’s stock valued at $28,302,000 after buying an additional 1,571,634 shares during the last quarter. OUTFRONT Media Stock Up 0.2 % OUTFRONT Media stock opened at $15.
02 on Monday. The company has a market capitalization of $2.51 billion, a P/E ratio of 10.
70, a PEG ratio of 1.06 and a beta of 1.79.
The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.65 and a current ratio of 0.
65. OUTFRONT Media Inc. has a fifty-two week low of $12.
95 and a fifty-two week high of $19.98. The stock has a 50-day simple moving average of $16.
12 and a 200-day simple moving average of $17.85. OUTFRONT Media Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Friday, March 7th were given a dividend of $0.30 per share. This represents a $1.
20 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend was Friday, March 7th.
OUTFRONT Media’s payout ratio is currently 81.63%. Wall Street Analyst Weigh In Separately, Barrington Research reaffirmed an “outperform” rating and set a $21.
00 price objective on shares of OUTFRONT Media in a research report on Wednesday, April 23rd. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, OUTFRONT Media has an average rating of “Hold” and an average price target of $19.
37. Read Our Latest Report on OUT OUTFRONT Media Profile ( Free Report ) OUTFRONT Media, Inc leases advertising space on out-of-home advertising structures and sites. Its inventory consists of billboard displays, which are primarily located on the most heavily traveled highways & roadways, and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the U.
S. See Also 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.
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