Sei Investments Co. Sells 8,346 Shares of Outfront Media Inc (OUT)

Sei Investments Co. cut its holdings in Outfront Media Inc (NYSE:OUT) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 748,086 shares of the financial services provider’s stock after selling 8,346 shares during the period. Sei Investments Co. owned approximately 0.54% of Outfront Media worth $17,355,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Stifel Financial Corp lifted its stake in Outfront Media by 18.6% in the third quarter. Stifel Financial Corp now owns 36,252 shares of the financial services provider’s stock worth $917,000 after purchasing an additional 5,696 shares during the last quarter. Copper Rock Capital Partners LLC lifted its stake in Outfront Media by 3.6% in the fourth quarter. Copper Rock Capital Partners LLC now owns 998,911 shares of the financial services provider’s stock worth $22,995,000 after purchasing an additional 34,662 shares during the last quarter. AXA lifted its stake in Outfront Media by 6.6% in the third quarter. AXA now owns 248,500 shares of the financial services provider’s stock worth $6,257,000 after purchasing an additional 15,300 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Outfront Media by 105.7% in the second quarter. Cubist Systematic Strategies LLC now owns 21,470 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 11,030 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in Outfront Media by 97.2% in the third quarter. Neuberger Berman Group LLC now owns 2,545,404 shares of the financial services provider’s stock worth $64,093,000 after purchasing an additional 1,254,605 shares during the last quarter. 98.56% of the stock is owned by institutional investors and hedge funds.

Several research firms have weighed in on OUT. Zacks Investment Research raised shares of Outfront Media from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. ValuEngine downgraded shares of Outfront Media from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. Outfront Media has an average rating of “Hold” and an average target price of $29.83.

Outfront Media Inc (NYSE:OUT) opened at $21.78 on Tuesday. The company has a market cap of $3,019.50, a PE ratio of 11.11, a PEG ratio of 1.51 and a beta of 1.01. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.23 and a current ratio of 1.23. Outfront Media Inc has a one year low of $20.46 and a one year high of $27.44.

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About Outfront Media

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.

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

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