OUTFRONT Media Inc. (NYSE:OUT) has been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $29.67.

Several brokerages have recently weighed in on OUT. TheStreet lowered shares of OUTFRONT Media from a “b-” rating to a “c” rating in a research report on Friday, May 12th. Loop Capital raised shares of OUTFRONT Media from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research report on Monday, June 5th. Zacks Investment Research raised shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Monday, July 10th. ValuEngine lowered shares of OUTFRONT Media from a “buy” rating to a “hold” rating in a research report on Wednesday, June 7th. Finally, BidaskClub lowered shares of OUTFRONT Media from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd.

OUTFRONT Media (OUT) traded down 0.6765% on Wednesday, hitting $21.4936. 132,044 shares of the stock traded hands. The firm’s 50 day moving average is $22.39 and its 200 day moving average is $24.04. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 28.6964 and a beta of 1.14. OUTFRONT Media has a 52 week low of $20.72 and a 52 week high of $27.89.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 6.65%. The ex-dividend date of this dividend is Thursday, September 7th. OUTFRONT Media’s dividend payout ratio is 189.48%.

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A number of large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its position in OUTFRONT Media by 46.5% during the second quarter. Advisory Services Network LLC now owns 17,385 shares of the financial services provider’s stock worth $402,000 after acquiring an additional 5,520 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in OUTFRONT Media during the second quarter worth about $345,000. Verition Fund Management LLC bought a new position in OUTFRONT Media during the second quarter worth about $421,000. Cubist Systematic Strategies LLC increased its position in OUTFRONT Media by 105.7% during the second quarter. Cubist Systematic Strategies LLC now owns 21,470 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 11,030 shares during the period. Finally, CWH Capital Management Inc. increased its position in OUTFRONT Media by 30.8% during the second quarter. CWH Capital Management Inc. now owns 273,035 shares of the financial services provider’s stock worth $6,313,000 after acquiring an additional 64,295 shares during the period.

OUTFRONT Media Company Profile

OUTFRONT Media Inc is a real estate investment trust (REIT), which provides advertising space (displays) on out-of-home advertising structures and sites in the United States and Canada. The Company’s segments are U.S. Media and Other. The U.S. Media segment includes U.S. Billboard and Transit. The Other segment includes International and Sports Marketing.

Analyst Recommendations for OUTFRONT Media (NYSE:OUT)

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