Yousif Capital Administration LLC lessened its stake in shares of Lamar Promoting (NASDAQ:LAMR – Get Ranking) by 8.6% within the third quarter, in line with its most up-to-date 13F submitting with the Securities & Alternate Fee. The fund owned 48,302 shares of the true property funding belief’s inventory after promoting 4,519 shares in the course of the interval. Yousif Capital Administration LLC’s holdings in Lamar Promoting had been value $3,984,000 as of its most up-to-date submitting with the Securities & Alternate Fee.
→ The Subsequent Huge Disaster Is Right here (From Porter & Firm)
Different hedge funds and different institutional traders have additionally made modifications to their positions within the firm. Nationwide Financial institution of Canada FI boosted its holdings in shares of Lamar Promoting by 30,944.6% in the course of the third quarter. Nationwide Financial institution of Canada FI now owns 95,307 shares of the true property funding belief’s inventory valued at $7,862,000 after buying an extra 95,000 shares over the last quarter. Y Intercept Hong Kong Ltd purchased a brand new place in shares of Lamar Promoting within the 2nd quarter valued at about $310,000. M&T Financial institution Corp lifted its holdings in shares of Lamar Promoting by 3,306.0% within the 2nd quarter. M&T Financial institution Corp now owns 152,213 shares of the true property funding belief’s inventory valued at $4,796,000 after buying an extra 147,744 shares over the last quarter. Clearstead Advisors LLC lifted its holdings in shares of Lamar Promoting by 5.2% within the 2nd quarter. Clearstead Advisors LLC now owns 2,412 shares of the true property funding belief’s inventory valued at $212,000 after buying an extra 120 shares over the last quarter. Lastly, Vestmark Advisory Options Inc. lifted its holdings in shares of Lamar Promoting by 120.8% within the 2nd quarter. Vestmark Advisory Options Inc. now owns 4,968 shares of the true property funding belief’s inventory valued at $437,000 after buying an extra 2,718 shares over the last quarter. Institutional traders personal 79.73% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Individually, StockNews.com began protection on shares of Lamar Promoting in a report on Wednesday, October twelfth. They issued a “purchase” score for the corporate.
Insiders Place Their Bets
In different Lamar Promoting information, Director Thomas V. Reifenheiser bought 2,200 shares of the agency’s inventory in a transaction dated Monday, November twenty eighth. The shares had been bought at a median worth of $98.61, for a complete worth of $216,942.00. Following the completion of the sale, the director now owns 39,671 shares of the corporate’s inventory, valued at $3,911,957.31. The sale was disclosed in a authorized submitting with the SEC, which will be accessed by means of the SEC web site. 14.99% of the inventory is owned by insiders.
Lamar Promoting Inventory Up 2.5 %
Shares of NASDAQ:LAMR opened at $104.21 on Friday. The corporate has a present ratio of 0.63, a fast ratio of 0.63 and a debt-to-equity ratio of two.38. The corporate has a market cap of $10.60 billion, a price-to-earnings ratio of 21.35 and a beta of 1.36. Lamar Promoting has a 12 month low of $81.10 and a 12 month excessive of $119.68. The corporate has a 50-day shifting common worth of $97.32 and a 200 day shifting common worth of $94.78.
Lamar Promoting Pronounces Dividend
The corporate additionally not too long ago disclosed a quarterly dividend, which was paid on Friday, December thirtieth. Shareholders of file on Monday, December nineteenth had been paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 4.61%. The ex-dividend date of this dividend was Friday, December sixteenth. Lamar Promoting’s payout ratio is at present 98.36%.
Lamar Promoting Firm Profile
(Get Ranking)
Based in 1902, Lamar Promoting (Nasdaq: LAMR) is without doubt one of the largest out of doors promoting corporations in North America, with over 352,000 shows throughout america and Canada. Lamar presents advertisers a wide range of billboard, interstate emblem, transit and airport promoting codecs, serving to each native companies and nationwide manufacturers attain broad audiences every single day.
Additional Studying
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