November 30, 2016 - By Nellie Frank · 0 Comments
Outerwall Inc (NASDAQ:OUTR) institutional sentiment decreased to 0.01 in Q2 2016. Its down -1.00, from 1.01 in 2016Q1. The ratio dived, as 88 investment managers increased or opened new holdings, while 87 trimmed and sold positions in Outerwall Inc. The investment managers in our partner’s database reported: 21.15 million shares, up from 20.73 million shares in 2016Q1. Also, the number of investment managers holding Outerwall Inc in their top 10 holdings decreased from 5 to 3 for a decrease of 2. Sold All: 31 Reduced: 56 Increased: 60 New Position: 28.
Outerwall Inc. is a provider of automated retail solutions. The company has a market cap of $895.90 million. The Company’s business divisions are Redbox, Coinstar and ecoATM. It has a 6.68 P/E ratio. The Company’s offerings include Redbox business, which enables clients to rent or purchase movies and video games from self-service kiosks ; Coinstar business, which enables clients to convert their coins to cash and convert coins and cash to stored value products at self-service kiosks (Coinstar segment), and ecoATM business, which enables clients to sell electronic devices for cash at self-service kiosks, and purchase and sell electronic devices for cash through an online solution under its Gazelle brand.
It is down 45.99% since March 29, 2016 and is uptrending. It has outperformed by 40.76% the S&P500.
Engaged Capital Llc holds 35.95% of its portfolio in Outerwall Inc for 2.43 million shares. Fine Capital Partners L.P. owns 1.22 million shares or 5.7% of their US portfolio. Moreover, Arlington Value Capital Llc has 4.84% invested in the company for 1.04 million shares. The California-based Kestrel Investment Management Corp has invested 2.05% in the stock. Gratia Capital Llc, a California-based fund reported 96,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 1 sale for $52.31 million net activity.
Ratings analysis reveals 60% of Outerwall’s analysts are positive. Out of 5 Wall Street analysts rating Outerwall, 3 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $29 while the high is $85. The stock’s average target of $58.71 is 12.90% above today’s ($52) share price. OUTR was included in 14 notes of analysts from August 12, 2015. The company was maintained on Tuesday, December 8 by Roth Capital. The stock of Outerwall Inc (NASDAQ:OUTR) earned “Buy” rating by TH Capital on Tuesday, December 8. As per Tuesday, December 8, the company rating was maintained by Wedbush. Piper Jaffray downgraded Outerwall Inc (NASDAQ:OUTR) on Friday, February 5 to “Neutral – Trader” rating. The rating was upgraded by Roth Capital on Tuesday, March 15 to “Neutral”. The firm earned “Buy” rating on Tuesday, December 8 by B. Riley & Co. Roth Capital initiated it with “Buy” rating and $80 target price in Friday, November 13 report. Northland Capital maintained the shares of OUTR in a report on Tuesday, September 29 with “Outperform” rating. TH Capital initiated the shares of OUTR in a report on Friday, November 13 with “Buy” rating. The firm has “Sell” rating by Roth Capital given on Friday, February 5.
More notable recent Outerwall Inc (NASDAQ:OUTR) news were published by: Fool.com which released: “Why Outerwall Inc. Soared 18.6% in March” on April 05, 2016, also Fool.com with their article: “Why Outerwall Inc. Stock Popped Today” published on July 25, 2016, Fool.com published: “Why Outerwall Inc. Stock Plummeted Today” on December 08, 2015. More interesting news about Outerwall Inc (NASDAQ:OUTR) were released by: Fool.com and their article: “LinkedIn and Outerwall Inc. Slump as Tech Stocks Plunge” published on February 06, 2016 as well as Forbes.com‘s news article titled: “Redbox Owner Outerwall Is A Falling Knife” with publication date: December 17, 2015.
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By Nellie Frank