State of New Jersey Common Pension Fund D Buys New Shares in OUTFRONT Media Inc. $OUT

State of New Jersey Common Pension Fund D purchased a new stake in OUTFRONT Media Inc. (NYSE:OUT) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 96,894 shares of the financial services provider’s stock, valued at approximately $2,335,000.

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in OUTFRONT Media in the third quarter valued at $29,000. Farther Finance Advisors LLC lifted its stake in OUTFRONT Media by 157.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,339 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,431 shares during the last quarter. IFP Advisors Inc lifted its stake in OUTFRONT Media by 16.5% in the third quarter. IFP Advisors Inc now owns 4,107 shares of the financial services provider’s stock valued at $78,000 after acquiring an additional 582 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in OUTFRONT Media by 224.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 7,853 shares of the financial services provider’s stock valued at $189,000 after acquiring an additional 5,432 shares during the last quarter. Finally, Rossby Financial LCC lifted its stake in OUTFRONT Media by 14.2% in the third quarter. Rossby Financial LCC now owns 7,942 shares of the financial services provider’s stock valued at $144,000 after acquiring an additional 989 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barrington Research increased their price target on shares of OUTFRONT Media from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. TD Cowen increased their price target on shares of OUTFRONT Media from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Wells Fargo & Company increased their price target on shares of OUTFRONT Media from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Morgan Stanley reiterated an “overweight” rating and issued a $35.00 price target on shares of OUTFRONT Media in a research note on Thursday. Finally, Zacks Research cut shares of OUTFRONT Media from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, OUTFRONT Media presently has an average rating of “Moderate Buy” and an average price target of $28.86.

OUTFRONT Media Stock Performance

Shares of OUT stock opened at $32.86 on Friday. The company has a market capitalization of $5.78 billion, a price-to-earnings ratio of 41.07, a PEG ratio of 1.53 and a beta of 1.50. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.92 and a current ratio of 0.92. The company has a 50-day simple moving average of $28.49 and a 200 day simple moving average of $25.00. OUTFRONT Media Inc. has a 52 week low of $14.45 and a 52 week high of $33.08.

OUTFRONT Media (NYSE:OUT) last announced its earnings results on Thursday, May 7th. The financial services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.07 by $0.27. The business had revenue of $429.60 million during the quarter, compared to the consensus estimate of $431.44 million. OUTFRONT Media had a net margin of 8.03% and a return on equity of 24.86%. OUTFRONT Media’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. On average, sell-side analysts predict that OUTFRONT Media Inc. will post 2.08 earnings per share for the current year.

OUTFRONT Media Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.20 annualized dividend and a dividend yield of 3.7%. OUTFRONT Media’s payout ratio is presently 150.00%.

OUTFRONT Media News Summary

Here are the key news stories impacting OUTFRONT Media this week:

• Positive Sentiment: FFO/AFFO and earnings beat: OUT reported FFO (AFFO) of $0.34 per share vs. consensus/estimates that were lower, a material improvement from $0.14 a year ago — a clear positive for cash-flow valuation metrics. Outfront Beats Q1 FFO
• Positive Sentiment: Operational results beat guidance: Revenue rose ~10% y/y to $429.6M, adjusted OIBDA and AFFO came in above the company’s guidance and management framed the quarter as continued strong performance. Those beats underpin the stock’s move. Press Release: Q1 Results
• Positive Sentiment: Dividend declared: Board approved a $0.30 quarterly cash dividend payable June 30, which supports yield-seeking investors and signals confidence in near-term cash generation. Dividend Announcement
• Positive Sentiment: Analyst estimate upgrades: Zacks Research has nudged near‑term and multi‑year EPS/FFO estimates higher (and kept a Hold rating), reflecting improved visible results and raising consensus expectations. Zacks Coverage/Notes
• Neutral Sentiment: Investor materials available: Company released the press release, slide deck and hosted a conference call/transcript — useful for investors who want management color on ad demand, pricing and regional trends. Earnings Call Transcript Slide Deck / Press Release
• Negative Sentiment: Slight revenue miss vs. consensus: Revenue ($429.6M) was a hair below the consensus figure (~$431.4M), which tempers the beat on cash metrics and could prompt closer scrutiny of demand trends. MarketBeat Q1 Snapshot
• Negative Sentiment: Balance‑sheet & valuation risks: OUT carries high leverage (debt/equity ~3.6) and liquidity ratios under 1.0; the shares also trade at a elevated multiple (P/E ~41), which raises sensitivity to slower ad spending. Stock Profile / Metrics

Insider Activity

In related news, Director Manuel A. Diaz sold 11,271 shares of OUTFRONT Media stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $26.93, for a total transaction of $303,528.03. Following the completion of the sale, the director owned 36,244 shares of the company’s stock, valued at approximately $976,050.92. The trade was a 23.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Matthew Siegel sold 50,000 shares of OUTFRONT Media stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $25.79, for a total transaction of $1,289,500.00. Following the sale, the executive vice president directly owned 289,925 shares of the company’s stock, valued at $7,477,165.75. The trade was a 14.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.47% of the company’s stock.

OUTFRONT Media Company Profile

OUTFRONT Media Inc is a leading out-of-home (OOH) advertising company offering a broad range of billboard, transit and digital display solutions across major urban markets in the United States and Canada. Its portfolio encompasses traditional static billboards, high-resolution digital signage, transit media on buses, trains and taxis, as well as street furniture placements such as bus shelters, kiosks and urban panels. The company partners with brand marketers to deliver high-impact campaigns that engage consumers outside the home environment.

Through an extensive network of assets in key metropolitan areas, OUTFRONT provides advertisers with premium visibility along highways, city streets and transit corridors.