OUTFRONT Media Inc. (NYSE:OUT) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its position in OUTFRONT Media Inc. (NYSE:OUT - Free Report) by 4.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 389,261 shares of the financial services provider's stock after selling 16,250 shares during the period. Segall Bryant & Hamill LLC owned 0.23% of OUTFRONT Media worth $6,283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in OUTFRONT Media by 1.9% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,005 shares of the financial services provider's stock worth $532,000 after purchasing an additional 558 shares during the period. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of OUTFRONT Media by 5.6% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 11,237 shares of the financial services provider's stock valued at $199,000 after purchasing an additional 596 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of OUTFRONT Media by 4.1% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 15,993 shares of the financial services provider's stock valued at $284,000 after acquiring an additional 629 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of OUTFRONT Media by 2.8% during the fourth quarter. Victory Capital Management Inc. now owns 26,340 shares of the financial services provider's stock valued at $467,000 after acquiring an additional 706 shares during the last quarter. Finally, Signaturefd LLC increased its position in OUTFRONT Media by 8.5% in the first quarter. Signaturefd LLC now owns 9,203 shares of the financial services provider's stock worth $149,000 after buying an additional 722 shares during the last quarter.

OUTFRONT Media Stock Down 1.3%

Shares of OUT stock traded down $0.24 during midday trading on Monday, reaching $17.66. 999,130 shares of the stock were exchanged, compared to its average volume of 1,667,788. OUTFRONT Media Inc. has a 1 year low of $12.95 and a 1 year high of $19.98. The company's 50 day moving average is $16.53 and its two-hundred day moving average is $16.76. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 4.37. The firm has a market cap of $2.95 billion, a PE ratio of 11.62, a price-to-earnings-growth ratio of 1.09 and a beta of 1.87.

OUTFRONT Media (NYSE:OUT - Get Free Report) last posted its earnings results on Thursday, May 8th. The financial services provider reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The business had revenue of $390.70 million during the quarter, compared to the consensus estimate of $396.17 million. OUTFRONT Media had a return on equity of 42.24% and a net margin of 14.60%. On average, equities research analysts predict that OUTFRONT Media Inc. will post 1.59 EPS for the current year.

OUTFRONT Media Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, June 6th were given a dividend of $0.30 per share. The ex-dividend date was Friday, June 6th. This represents a $1.20 dividend on an annualized basis and a yield of 6.80%. OUTFRONT Media's dividend payout ratio (DPR) is presently 78.95%.

Insider Transactions at OUTFRONT Media

In related news, EVP Richard H. Sauer sold 20,109 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $15.88, for a total value of $319,330.92. Following the completion of the sale, the executive vice president owned 70,836 shares in the company, valued at approximately $1,124,875.68. The trade was a 22.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.47% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

OUT has been the subject of several research analyst reports. JPMorgan Chase & Co. dropped their price target on OUTFRONT Media from $20.00 to $19.00 and set a "neutral" rating for the company in a research note on Wednesday, May 21st. Citigroup reaffirmed a "buy" rating and set a $19.00 price target (up previously from $17.00) on shares of OUTFRONT Media in a research note on Thursday, May 29th. Barrington Research reaffirmed an "outperform" rating and set a $21.00 price target on shares of OUTFRONT Media in a research note on Wednesday, April 23rd. Wells Fargo & Company reaffirmed an "overweight" rating on shares of OUTFRONT Media in a research note on Sunday. Finally, Wall Street Zen lowered OUTFRONT Media from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $18.60.

OUTFRONT Media Company Profile

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.