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Jennison Associates LLC acquired a new stake in shares of OUTFRONT Media Inc. ( NYSE:OUT – Free Report ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 69,656 shares of the financial services provider’s stock, valued at approximately $1,280,000. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DigitalBridge Group Inc. lifted its holdings in OUTFRONT Media by 11.7% during the second quarter. DigitalBridge Group Inc. now owns 3,126,062 shares of the financial services provider’s stock valued at $44,703,000 after purchasing an additional 327,125 shares in the last quarter. Lasalle Investment Management Securities LLC lifted its stake in shares of OUTFRONT Media by 17.3% during the 1st quarter. Lasalle Investment Management Securities LLC now owns 2,842,935 shares of the financial services provider’s stock valued at $47,733,000 after buying an additional 419,706 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in OUTFRONT Media by 10.9% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,137,548 shares of the financial services provider’s stock worth $30,567,000 after buying an additional 210,208 shares during the period. Land & Buildings Investment Management LLC bought a new position in OUTFRONT Media in the 2nd quarter worth $22,724,000. Finally, ZWJ Investment Counsel Inc. increased its stake in OUTFRONT Media by 2.7% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 1,446,420 shares of the financial services provider’s stock worth $26,585,000 after buying an additional 38,327 shares in the last quarter. Wall Street Analysts Forecast Growth Several equities analysts have recently commented on the company. Barrington Research restated an “outperform” rating and issued a $21.00 price objective on shares of OUTFRONT Media in a research report on Wednesday, November 13th. Wolfe Research cut OUTFRONT Media from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 24th. StockNews.com lowered shares of OUTFRONT Media from a “buy” rating to a “hold” rating in a report on Monday, October 28th. Wells Fargo & Company initiated coverage on shares of OUTFRONT Media in a report on Thursday, September 19th. They issued an “overweight” rating and a $22.00 target price on the stock. Finally, JPMorgan Chase & Co. raised their target price on shares of OUTFRONT Media from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. Four equities research 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, OUTFRONT Media presently has an average rating of “Hold” and an average target price of $19.25. OUTFRONT Media Stock Up 1.0 % Shares of OUT opened at $19.13 on Friday. OUTFRONT Media Inc. has a 1 year low of $11.98 and a 1 year high of $19.33. The company has a debt-to-equity ratio of 4.00, a current ratio of 0.65 and a quick ratio of 0.65. The business’s 50 day simple moving average is $18.34 and its 200-day simple moving average is $16.24. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 1.21 and a beta of 1.94. OUTFRONT Media ( NYSE:OUT – Get Free Report ) last announced its earnings results on Tuesday, November 12th. The financial services provider reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.20). The company had revenue of $451.90 million during the quarter, compared to analysts’ expectations of $456.38 million. OUTFRONT Media had a return on equity of 40.33% and a net margin of 13.30%. OUTFRONT Media’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. As a group, equities analysts expect that OUTFRONT Media Inc. will post 1.56 earnings per share for the current fiscal year. OUTFRONT Media Cuts Dividend The firm also recently announced a special dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 15th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Friday, November 15th. OUTFRONT Media’s dividend payout ratio is 87.59%. OUTFRONT Media Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding OUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OUTFRONT Media Inc. ( NYSE:OUT – Free Report ). Receive News & Ratings for OUTFRONT Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OUTFRONT Media and related companies with MarketBeat.com's FREE daily email newsletter .Caprock Group LLC purchased a new position in Carlisle Companies Incorporated ( NYSE:CSL – Free Report ) during the third quarter, HoldingsChannel.com reports. The fund purchased 790 shares of the conglomerate’s stock, valued at approximately $355,000. A number of other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in Carlisle Companies in the 3rd quarter valued at $25,000. ORG Partners LLC purchased a new stake in shares of Carlisle Companies in the second quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Carlisle Companies during the second quarter valued at $32,000. ORG Wealth Partners LLC purchased a new position in Carlisle Companies during the third quarter worth about $32,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Carlisle Companies in the 2nd quarter worth about $39,000. 89.52% of the stock is currently owned by institutional investors. Insider Activity at Carlisle Companies In other Carlisle Companies news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the sale, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . 1.50% of the stock is currently owned by company insiders. Carlisle Companies Stock Up 1.8 % Carlisle Companies ( NYSE:CSL – Get Free Report ) last released its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. Carlisle Companies’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $4.68 EPS. On average, analysts forecast that Carlisle Companies Incorporated will post 20.25 earnings per share for the current fiscal year. Carlisle Companies Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Friday, November 15th. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%. Analysts Set New Price Targets A number of brokerages have recently issued reports on CSL. StockNews.com downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Truist Financial initiated coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target for the company. Robert W. Baird lowered their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Oppenheimer lifted their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $472.00. Read Our Latest Research Report on Carlisle Companies About Carlisle Companies ( Free Report ) Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies. Recommended Stories Want to see what other hedge funds are holding CSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carlisle Companies Incorporated ( NYSE:CSL – Free Report ). Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter .
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