OUTFRONT Media Inc. (NYSE:OUT) Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its position in shares of OUTFRONT Media Inc. (NYSE:OUT - Free Report) by 39,437.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,896 shares of the financial services provider's stock after purchasing an additional 196,398 shares during the period. Asset Management One Co. Ltd. owned 0.12% of OUTFRONT Media worth $3,619,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of OUT. Harbor Capital Advisors Inc. acquired a new stake in shares of OUTFRONT Media during the third quarter worth $32,000. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in OUTFRONT Media by 0.6% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 206,715 shares of the financial services provider's stock worth $3,799,000 after buying an additional 1,235 shares during the period. New York State Teachers Retirement System boosted its stake in OUTFRONT Media by 3.2% in the 3rd quarter. New York State Teachers Retirement System now owns 103,849 shares of the financial services provider's stock worth $1,909,000 after buying an additional 3,175 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in OUTFRONT Media in the 3rd quarter valued at about $288,000. Finally, Integrated Advisors Network LLC acquired a new position in shares of OUTFRONT Media during the 3rd quarter valued at about $3,363,000.

Analysts Set New Price Targets

Several research firms recently issued reports on OUT. StockNews.com cut shares of OUTFRONT Media from a "buy" rating to a "hold" rating in a research report on Monday, October 28th. TD Cowen started coverage on shares of OUTFRONT Media in a research note on Tuesday, July 16th. They set a "hold" rating and a $16.00 price objective for the company. JPMorgan Chase & Co. increased their target price on OUTFRONT Media from $17.00 to $18.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 31st. Wolfe Research downgraded OUTFRONT Media from an "outperform" rating to a "peer perform" rating in a research report on Thursday, October 24th. Finally, Barrington Research upped their price target on OUTFRONT Media from $17.00 to $18.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 13th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $18.50.

OUTFRONT Media Stock Down 1.9 %

Shares of NYSE:OUT traded down $0.34 during midday trading on Friday, hitting $17.67. 2,739,871 shares of the company's stock traded hands, compared to its average volume of 1,769,176. The firm's fifty day moving average price is $17.95 and its two-hundred day moving average price is $16.05. The company has a debt-to-equity ratio of 3.71, a quick ratio of 0.67 and a current ratio of 0.67. OUTFRONT Media Inc. has a twelve month low of $11.06 and a twelve month high of $19.33. The company has a market cap of $2.93 billion, a PE ratio of 13.91, a P/E/G ratio of 1.18 and a beta of 1.94.

OUTFRONT Media 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.