Man Investment Partners US LP Invests $4.61 Million in Clear Channel Outdoor Holdings, Inc. $CCO

Posted by Stanley Muller on Jun 17th, 2026

Man Investment Partners US LP acquired a new position in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,086,715 shares of the business services provider’s stock, valued at approximately $4,612,000. Clear Channel Outdoor comprises about 7.2% of Man Investment Partners US LP’s holdings, making the stock its 3rd largest holding. Man Investment Partners US LP owned approximately 0.42% of Clear Channel Outdoor as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Benefit Street Partners LLC purchased a new position in shares of Clear Channel Outdoor in the 4th quarter worth approximately $3,310,000. Contrarian Capital Management L.L.C. grew its position in shares of Clear Channel Outdoor by 73.6% in the 3rd quarter. Contrarian Capital Management L.L.C. now owns 2,521,871 shares of the business services provider’s stock worth $3,985,000 after buying an additional 1,069,257 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in Clear Channel Outdoor in the 3rd quarter worth approximately $948,000. EVR Research LP acquired a new stake in Clear Channel Outdoor in the 3rd quarter worth approximately $3,950,000. Finally, Cove Street Capital LLC boosted its stake in Clear Channel Outdoor by 59.9% in the 3rd quarter. Cove Street Capital LLC now owns 1,642,567 shares of the business services provider’s stock worth $2,595,000 after purchasing an additional 615,451 shares in the last quarter. Hedge funds and other institutional investors own 85.52% of the company’s stock.

Clear Channel Outdoor Stock Up 0.2%

CCO stock opened at $2.41 on Wednesday. The firm has a 50 day moving average of $2.39 and a 200 day moving average of $2.28. The stock has a market capitalization of $1.22 billion, a PE ratio of -13.36 and a beta of 1.96. Clear Channel Outdoor Holdings, Inc. has a 52 week low of $1.00 and a 52 week high of $2.43.

Clear Channel Outdoor (NYSE:CCO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The business had revenue of $373.86 million for the quarter, compared to analyst estimates of $348.71 million. On average, equities research analysts expect that Clear Channel Outdoor Holdings, Inc. will post -0.04 earnings per share for the current year.

Insider Buying and Selling

In other Clear Channel Outdoor news, Director Raymond T. White sold 23,435,796 shares of Clear Channel Outdoor stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $2.40, for a total transaction of $56,245,910.40. Following the completion of the sale, the director directly owned 187,371 shares in the company, valued at approximately $449,690.40. The trade was a 99.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 7.20% of the company’s stock.

Wall Street Analysts Forecast Growth

CCO has been the subject of a number of recent analyst reports. Wells Fargo & Company lifted their target price on shares of Clear Channel Outdoor from $2.00 to $2.43 and gave the stock an “equal weight” rating in a research note on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Clear Channel Outdoor in a research note on Friday, March 27th. Finally, TD Cowen reiterated a “hold” rating and issued a $2.43 target price (down from $2.50) on shares of Clear Channel Outdoor in a research note on Monday, April 6th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $2.29.

Read Our Latest Stock Report on Clear Channel Outdoor

Clear Channel Outdoor Company Profile

(Free Report)

Clear Channel Outdoor Holdings, Inc (NYSE: CCO) is a global leader in out-of-home advertising, offering a wide range of static and digital displays across high-traffic environments. The company’s portfolio encompasses traditional roadside billboards, street furniture panels, transit advertising on buses and rail systems, and rapidly expanding digital networks. By combining broad geographic reach with state-of-the-art digital technology, Clear Channel Outdoor enables brands to engage consumers at key moments during their daily journeys.

Founded as a spin-off from Clear Channel Communications in 2005, Clear Channel Outdoor traces its origins to the early development of outdoor advertising in North America.