OUTFRONT Media Inc. (NYSE:OUT) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its holdings in OUTFRONT Media Inc. (NYSE:OUTFree Report) by 6.3% in the 3rd quarter, Holdings Channel reports. The firm owned 23,758,211 shares of the financial services provider’s stock after selling 1,596,492 shares during the period. Vanguard Group Inc. owned 0.14% of OUTFRONT Media worth $239,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Belpointe Asset Management LLC lifted its position in OUTFRONT Media by 116.7% during the 1st quarter. Belpointe Asset Management LLC now owns 1,560 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 840 shares during the period. State of Wyoming purchased a new stake in shares of OUTFRONT Media during the second quarter worth approximately $26,000. Lazard Asset Management LLC purchased a new position in OUTFRONT Media in the 1st quarter valued at $28,000. Northwestern Mutual Wealth Management Co. purchased a new position in OUTFRONT Media in the 4th quarter valued at $33,000. Finally, Quantbot Technologies LP acquired a new position in OUTFRONT Media in the 1st quarter valued at $41,000.

OUTFRONT Media Stock Up 0.2 %

OUT stock opened at $16.79 on Friday. OUTFRONT Media Inc. has a 52 week low of $8.18 and a 52 week high of $17.02. 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 company has a market cap of $2.79 billion, a P/E ratio of -6.29, a P/E/G ratio of 1.09 and a beta of 1.86. The company’s 50-day moving average price is $14.49 and its 200 day moving average price is $12.68.

OUTFRONT Media Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 1st were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 7.15%. The ex-dividend date was Thursday, February 29th. OUTFRONT Media’s payout ratio is currently -44.94%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. TheStreet raised shares of OUTFRONT Media from a “d+” rating to a “c-” rating in a report on Tuesday, March 5th. StockNews.com raised OUTFRONT Media from a “sell” rating to a “hold” rating in a report on Friday, February 23rd. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.50.

Read Our Latest Stock Report on OUTFRONT Media

About OUTFRONT Media

(Free Report)

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.

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Institutional Ownership by Quarter for OUTFRONT Media (NYSE:OUT)

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