OUTFRONT Media (NYSE:OUT) Stock Rating Reaffirmed by Barrington Research

OUTFRONT Media (NYSE:OUT)‘s stock had its “outperform” rating restated by research analysts at Barrington Research in a research report issued on Friday, Benzinga reports. They currently have a $17.00 price target on the financial services provider’s stock. Barrington Research’s price target points to a potential upside of 12.66% from the stock’s previous close.

Several other research analysts have also recently issued reports on OUT. TheStreet raised OUTFRONT Media from a “d+” rating to a “c-” rating in a research note on Tuesday, March 5th. StockNews.com raised OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $14.75.

OUTFRONT Media Price Performance

OUTFRONT Media stock opened at $15.09 on Friday. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of -5.67, a price-to-earnings-growth ratio of 1.04 and a beta of 1.87. The firm has a 50-day moving average of $15.75 and a two-hundred day moving average of $13.75. OUTFRONT Media has a 1 year low of $8.18 and a 1 year high of $17.02. The company has a debt-to-equity ratio of 4.39, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC boosted its position in OUTFRONT Media by 50.8% during the third quarter. FMR LLC now owns 6,300,057 shares of the financial services provider’s stock valued at $63,631,000 after purchasing an additional 2,122,950 shares in the last quarter. Invesco Ltd. grew its position in shares of OUTFRONT Media by 39.5% in the 3rd quarter. Invesco Ltd. now owns 4,543,787 shares of the financial services provider’s stock worth $45,892,000 after buying an additional 1,285,752 shares during the last quarter. Wellington Management Group LLP grew its position in shares of OUTFRONT Media by 6.0% in the 4th quarter. Wellington Management Group LLP now owns 3,027,771 shares of the financial services provider’s stock worth $42,268,000 after buying an additional 170,744 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of OUTFRONT Media by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,866,788 shares of the financial services provider’s stock worth $40,020,000 after acquiring an additional 91,139 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC lifted its position in OUTFRONT Media by 80.9% during the third quarter. Lasalle Investment Management Securities LLC now owns 2,849,449 shares of the financial services provider’s stock valued at $28,779,000 after acquiring an additional 1,273,878 shares during the last quarter.

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.