Artisan Companions Restricted Partnership decreased its stake in Lamar Promoting (NASDAQ:LAMR – Get Ranking) by 6.4% within the third quarter, in keeping with its most up-to-date submitting with the Securities & Trade Fee. The agency owned 879,700 shares of the true property funding belief’s inventory after promoting 59,746 shares throughout the quarter. Artisan Companions Restricted Partnership owned 0.87% of Lamar Promoting price $72,566,000 as of its most up-to-date submitting with the Securities & Trade Fee.
→ Free Inventory Evaluation Report: Get Purchase, Promote, or Maintain Advice (From Vector Vest)
Various different institutional traders have additionally just lately purchased and offered shares of the enterprise. Vanguard Group Inc. boosted its place in Lamar Promoting by 0.3% throughout the 1st quarter. Vanguard Group Inc. now owns 13,086,290 shares of the true property funding belief’s inventory price $1,520,365,000 after buying a further 43,704 shares throughout the interval. Victory Capital Administration Inc. boosted its place in Lamar Promoting by 15.0% throughout the third quarter. Victory Capital Administration Inc. now owns 4,112,703 shares of the true property funding belief’s inventory price $339,257,000 after buying a further 536,345 shares throughout the interval. State Avenue Corp boosted its place in Lamar Promoting by 0.8% throughout the 2nd quarter. State Avenue Corp now owns 2,386,882 shares of the true property funding belief’s inventory price $209,974,000 after buying a further 18,237 shares throughout the interval. DAVENPORT & Co LLC boosted its place in Lamar Promoting by 7.3% throughout the third quarter. DAVENPORT & Co LLC now owns 1,829,632 shares of the true property funding belief’s inventory price $152,015,000 after buying a further 123,915 shares throughout the interval. Lastly, Boston Companions boosted its place in Lamar Promoting by 26.6% throughout the third quarter. Boston Companions now owns 1,607,951 shares of the true property funding belief’s inventory price $132,674,000 after buying a further 338,090 shares throughout the interval. 79.73% of the inventory is at the moment owned by institutional traders and hedge funds.
Lamar Promoting Inventory Down 1.4 %
LAMR opened at $106.53 on Friday. Lamar Promoting has a fifty-two week low of $81.10 and a fifty-two week excessive of $119.68. The enterprise has a 50-day transferring common of $99.03 and a 200-day transferring common of $95.74. The corporate has a debt-to-equity ratio of two.38, a present ratio of 0.63 and a fast ratio of 0.63. The corporate has a market capitalization of $10.83 billion, a PE ratio of 21.83 and a beta of 1.40.
Lamar Promoting Dividend Announcement
The corporate additionally just lately declared a quarterly dividend, which was paid on Friday, December thirtieth. Stockholders of document on Monday, December nineteenth had been paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized foundation and a dividend yield of 4.51%. The ex-dividend date was Friday, December sixteenth. Lamar Promoting’s dividend payout ratio (DPR) is presently 98.36%.
Insider Exercise at Lamar Promoting
In associated information, Director Thomas V. Reifenheiser offered 2,200 shares of the agency’s inventory in a transaction that occurred on Monday, November twenty eighth. The inventory was offered at a median worth of $98.61, for a complete worth of $216,942.00. Following the transaction, the director now instantly owns 39,671 shares of the corporate’s inventory, valued at roughly $3,911,957.31. The sale was disclosed in a doc filed with the Securities & Trade Fee, which may be accessed by this hyperlink. 14.99% of the inventory is owned by firm insiders.
Wall Avenue Analysts Forecast Development
Individually, StockNews.com downgraded Lamar Promoting from a “purchase” score to a “maintain” score in a analysis word on Monday.
Lamar Promoting Profile
(Get Ranking)
Lamar Promoting Co engages in promoting companies. The agency rents promoting house on billboards, buses, shelters, benches, brand plates, and in airport terminals. The corporate was based in 1902 and is headquartered in Baton Rouge, LA.
Featured Articles
Need to see what different hedge funds are holding LAMR? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Lamar Promoting (NASDAQ:LAMR – Get Ranking).
This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].
Earlier than you think about Lamar Promoting, you may wish to hear this.
MarketBeat retains monitor of Wall Avenue’s top-rated and finest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Lamar Promoting wasn’t on the listing.
Whereas Lamar Promoting at the moment has a “Maintain” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
View The 5 Shares Right here
