12,543 Shares in OUTFRONT Media Inc. (NYSE:OUT) Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. acquired a new stake in shares of OUTFRONT Media Inc. (NYSE:OUT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 12,543 shares of the financial services provider’s stock, valued at approximately $175,000.

Several other large investors have also bought and sold shares of OUT. Versant Capital Management Inc boosted its holdings in shares of OUTFRONT Media by 1,369.2% during the 4th quarter. Versant Capital Management Inc now owns 2,336 shares of the financial services provider’s stock valued at $33,000 after buying an additional 2,177 shares in the last quarter. Wellington Management Group LLP grew its holdings in OUTFRONT Media by 4.9% in the third quarter. Wellington Management Group LLP now owns 2,857,027 shares of the financial services provider’s stock worth $28,856,000 after purchasing an additional 134,360 shares during the period. Advisors Capital Management LLC increased its stake in shares of OUTFRONT Media by 71.6% during the third quarter. Advisors Capital Management LLC now owns 828,335 shares of the financial services provider’s stock valued at $8,366,000 after purchasing an additional 345,626 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in shares of OUTFRONT Media by 14.3% during the third quarter. Penserra Capital Management LLC now owns 33,422 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 4,187 shares during the last quarter. Finally, Rush Island Management LP bought a new stake in shares of OUTFRONT Media in the 3rd quarter worth approximately $12,117,000.

OUTFRONT Media Stock Down 0.7 %

OUTFRONT Media stock opened at $15.34 on Friday. OUTFRONT Media Inc. has a 12 month low of $8.18 and a 12 month high of $17.02. The stock has a fifty day simple moving average of $15.45 and a two-hundred day simple moving average of $13.43. 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 firm has a market cap of $2.54 billion, a price-to-earnings ratio of -5.75, a PEG ratio of 1.01 and a beta of 1.87.

OUTFRONT Media Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 1st were issued a $0.30 dividend. The ex-dividend date was Thursday, February 29th. This represents a $1.20 annualized dividend and a yield of 7.82%. OUTFRONT Media’s payout ratio is -44.94%.

Analyst Ratings Changes

OUT has been the subject of a number of analyst reports. StockNews.com raised OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. TheStreet raised OUTFRONT Media from a “d+” rating to a “c-” rating in a research report on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $14.50.

OUTFRONT Media Company Profile

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.