Outfront Media Inc.·Real Estate

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OUTFRONT Media Inc. (NYSE: OUT - Get Free Report) EVP Matthew Siegel sold 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $25.79, for a total transaction of $1,289,500.00. Following the completion of the sale, the executive vice president owned 289,925

Outfront Media (OUT) reported earnings 30 days ago. What's next for the stock?

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OUTFRONT Media has delivered strong price performance, outperforming the S&P 500 by tripling its return over the past year. Q4 revenue grew 4.1% to $513 million, driven by a 16% increase in Transit and double-digit digital revenue growth. Despite a 4.2% yield and solid fundamentals, I maintain a hold rating due to limited upside after a significant run-up.
Outfront Media Inc. 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 Media Inc. will fundamentally change the ways advertisers engage audiences on-the-go.
Real Estate
REIT - Specialty
2,149
2014-03-28
1.49