Teachers Advisors LLC decreased its position in OUTFRONT Media Inc. (NYSE:OUT) by 11.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 378,276 shares of the financial services provider’s stock after selling 49,701 shares during the quarter. Teachers Advisors LLC owned approximately 0.27% of OUTFRONT Media worth $8,746,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Schnieders Capital Management LLC increased its position in shares of OUTFRONT Media by 0.8% in the second quarter. Schnieders Capital Management LLC now owns 11,925 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 100 shares during the period. Asset Management One Co. Ltd. increased its position in shares of OUTFRONT Media by 5.9% in the first quarter. Asset Management One Co. Ltd. now owns 3,785 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 210 shares during the period. Teacher Retirement System of Texas increased its position in shares of OUTFRONT Media by 2.3% in the second quarter. Teacher Retirement System of Texas now owns 11,034 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 244 shares during the period. Thrivent Financial For Lutherans increased its position in shares of OUTFRONT Media by 1.2% in the first quarter. Thrivent Financial For Lutherans now owns 26,082 shares of the financial services provider’s stock valued at $692,000 after acquiring an additional 300 shares during the period. Finally, Public Employees Retirement System of Ohio increased its position in shares of OUTFRONT Media by 0.7% in the first quarter. Public Employees Retirement System of Ohio now owns 62,038 shares of the financial services provider’s stock valued at $1,647,000 after acquiring an additional 444 shares during the period.

A number of equities analysts have issued reports on the stock. Barrington Research restated an “outperform” rating and issued a $26.00 price objective (down previously from $29.00) on shares of OUTFRONT Media in a research report on Monday, August 14th. BidaskClub cut shares of OUTFRONT Media from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. ValuEngine upgraded shares of OUTFRONT Media from a “hold” rating to a “buy” rating in a research report on Monday. Loop Capital restated a “buy” rating and issued a $28.00 price objective (up previously from $27.00) on shares of OUTFRONT Media in a research report on Thursday, September 28th. Finally, Wells Fargo & Company restated an “outperform” rating and issued a $30.00 price objective on shares of OUTFRONT Media in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $30.17.

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OUTFRONT Media Inc. (NYSE OUT) opened at 24.50 on Thursday. The firm has a 50 day moving average of $22.29 and a 200-day moving average of $23.50. OUTFRONT Media Inc. has a 52-week low of $20.82 and a 52-week high of $27.89. The stock has a market cap of $3.40 billion, a PE ratio of 32.71 and a beta of 1.19.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 5.88%. The ex-dividend date was Thursday, September 7th. OUTFRONT Media’s dividend payout ratio is currently 189.48%.

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.

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

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