Legal & General Group Plc Has $11.02 Million Stock Position in OUTFRONT Media Inc. $OUT

Posted by Francis Steltz on Jun 4th, 2026

Legal & General Group Plc boosted its position in OUTFRONT Media Inc. (NYSE:OUT – Free Report) by 12.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 457,043 shares of the financial services provider’s stock after purchasing an additional 51,333 shares during the period. Legal & General Group Plc’s holdings in OUTFRONT Media were worth $11,015,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of OUT. Advisory Services Network LLC acquired a new stake in OUTFRONT Media in the 3rd quarter valued at about $29,000. Farther Finance Advisors LLC lifted its stake in OUTFRONT Media by 157.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,339 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,431 shares during the last quarter. IFP Advisors Inc lifted its stake in OUTFRONT Media by 16.5% in the 3rd quarter. IFP Advisors Inc now owns 4,107 shares of the financial services provider’s stock valued at $78,000 after purchasing an additional 582 shares during the last quarter. State of Wyoming lifted its stake in OUTFRONT Media by 155.5% in the 2nd quarter. State of Wyoming now owns 7,973 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 4,853 shares during the last quarter. Finally, Rossby Financial LCC lifted its stake in OUTFRONT Media by 14.2% in the 3rd quarter. Rossby Financial LCC now owns 7,942 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 989 shares during the last quarter.

Insider Activity at OUTFRONT Media

In other news, 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 transaction, the executive vice president directly owned 289,925 shares of the company’s stock, valued at approximately $7,477,165.75. This trade represents a 14.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Manuel A. Diaz sold 11,271 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $26.93, for a total transaction of $303,528.03. Following the transaction, the director directly owned 36,244 shares in the company, valued at $976,050.92. This represents a 23.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.47% of the stock is currently owned by company insiders.

Key Stories Impacting OUTFRONT Media

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

Positive Sentiment: OUTFRONT Media announced the pricing of a $500 million senior unsecured notes offering at a 6.000% coupon, which may give the company added liquidity and flexibility to manage debt and fund corporate needs. OUTFRONT Media Announces Pricing of Senior Unsecured Notes Offering
Positive Sentiment: Zacks Research raised some near-term and medium-term earnings estimates for OUTFRONT Media, including Q2 2026 and Q3 2026, signaling slightly better profit expectations in the coming quarters.
Neutral Sentiment: Several outlook changes were mixed overall: Zacks also cut estimates for Q4 2026, Q1 2027, FY2027, and FY2028, suggesting the long-term earnings picture is still uneven. Zacks kept a Hold rating.
Neutral Sentiment: Brokerage coverage summarized by market sources pointed to an average target price around $30.71, which is close to the current trading range and does not imply a major re-rating.
Negative Sentiment: Despite a few estimate hikes, the multiple downward revisions to future EPS forecasts could weigh on sentiment, especially if investors are focused on longer-term growth and leverage concerns.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on OUT shares. TD Cowen reiterated a “buy” rating and issued a $38.00 target price (up from $32.00) on shares of OUTFRONT Media in a research note on Tuesday, May 12th. Zacks Research cut shares of OUTFRONT Media from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. 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 report on Friday, February 27th. Barrington Research set a $38.00 price target on shares of OUTFRONT Media in a report on Tuesday, May 12th. Finally, Morgan Stanley set a $37.00 price target on shares of OUTFRONT Media in a report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.71.

Get Our Latest Analysis on OUTFRONT Media

OUTFRONT Media Stock Down 0.7%

OUTFRONT Media stock opened at $31.25 on Thursday. The stock has a market cap of $5.50 billion, a P/E ratio of 29.76, a P/E/G ratio of 1.49 and a beta of 1.49. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 3.90. OUTFRONT Media Inc. has a twelve month low of $15.45 and a twelve month high of $34.96. The company’s 50-day moving average price is $30.28 and its two-hundred day moving average price is $26.85.

OUTFRONT Media (NYSE:OUT – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.06. The firm had revenue of $429.60 million for the quarter, compared to analysts’ expectations of $431.44 million. OUTFRONT Media had a net margin of 9.98% and a return on equity of 30.36%. The business’s revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. As a group, analysts expect that OUTFRONT Media Inc. will post 2.12 EPS for the current year.

OUTFRONT Media Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders 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 3.8%. OUTFRONT Media’s dividend payout ratio (DPR) is currently 114.29%.

OUTFRONT Media Company Profile

(Free Report)

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.