Shares of OUTFRONT Media Inc. (NYSE:OUT) hit a new 52-week low on Thursday . The stock traded as low as $20.88 and last traded at $0.00, with a volume of shares trading hands.

Several analysts recently weighed in on OUT shares. Loop Capital raised shares of OUTFRONT Media from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Monday, June 5th. Zacks Investment Research raised shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a report on Monday, July 10th. ValuEngine cut shares of OUTFRONT Media from a “buy” rating to a “hold” rating in a report on Wednesday, June 7th. Barrington Research reaffirmed an “outperform” rating and issued a $26.00 target price (down previously from $29.00) on shares of OUTFRONT Media in a report on Monday, August 14th. Finally, BidaskClub cut shares of OUTFRONT Media from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $29.71.

The company has a market cap of $2.92 billion, a P/E ratio of 28.09 and a beta of 1.14. The firm has a 50 day moving average price of $21.93 and a 200-day moving average price of $23.72.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 8th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Thursday, September 7th. OUTFRONT Media’s payout ratio is 189.48%.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Schnieders Capital Management LLC raised its position in shares of OUTFRONT Media by 0.8% in the 2nd quarter. Schnieders Capital Management LLC now owns 11,925 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 100 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of OUTFRONT Media by 5.9% in the 1st quarter. Asset Management One Co. Ltd. now owns 3,785 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 210 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of OUTFRONT Media by 2.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,034 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 244 shares in the last quarter. Thrivent Financial For Lutherans raised its position in shares of OUTFRONT Media by 1.2% in the 1st quarter. Thrivent Financial For Lutherans now owns 26,082 shares of the financial services provider’s stock valued at $692,000 after purchasing an additional 300 shares in the last quarter. Finally, Piermont Capital Management Inc. raised its position in shares of OUTFRONT Media by 0.3% in the 2nd quarter. Piermont Capital Management Inc. now owns 99,810 shares of the financial services provider’s stock valued at $2,308,000 after purchasing an additional 310 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: “OUTFRONT Media Inc. (OUT) Hits New 1-Year Low at $20.88” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/09/23/outfront-media-inc-out-hits-new-1-year-low-at-20-88.html.

OUTFRONT Media Company Profile

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.

Receive News & Ratings for OUTFRONT Media Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OUTFRONT Media Inc. and related companies with MarketBeat.com's FREE daily email newsletter.