Schnieders Capital Management LLC Sells 9,025 Shares of OUTFRONT Media Inc. (NYSE:OUT)

Schnieders Capital Management LLC lessened its holdings in OUTFRONT Media Inc. (NYSE:OUT) by 37.3% in the fourth quarter, Holdings Channel reports. The firm owned 15,200 shares of the financial services provider’s stock after selling 9,025 shares during the period. Schnieders Capital Management LLC’s holdings in OUTFRONT Media were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Versant Capital Management Inc grew its stake 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 worth $33,000 after acquiring an additional 2,177 shares during the period. Allworth Financial LP grew its stake in shares of OUTFRONT Media by 52.7% during the 4th quarter. Allworth Financial LP now owns 2,534 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 874 shares during the period. Fifth Third Bancorp lifted its holdings in OUTFRONT Media by 55.7% during the 3rd quarter. Fifth Third Bancorp now owns 4,326 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,547 shares in the last quarter. CWM LLC lifted its holdings in OUTFRONT Media by 163.6% during the 4th quarter. CWM LLC now owns 6,044 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 3,751 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in OUTFRONT Media by 343.7% during the 4th quarter. Signaturefd LLC now owns 7,041 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 5,454 shares in the last quarter.

OUTFRONT Media Price Performance

Shares of OUTFRONT Media stock traded up $0.03 during trading on Wednesday, hitting $15.45. 1,205,484 shares of the stock traded hands, compared to its average volume of 1,982,157. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 4.39. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -5.80, a PEG ratio of 0.99 and a beta of 1.87. The firm’s fifty day moving average is $15.35 and its 200-day moving average is $13.40. OUTFRONT Media Inc. has a 52 week low of $8.18 and a 52 week high of $17.02.

OUTFRONT Media Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 1st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $1.20 annualized dividend and a dividend yield of 7.77%. OUTFRONT Media’s dividend payout ratio (DPR) is presently -44.94%.

Analyst Ratings Changes

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

About OUTFRONT Media

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.