Do Institutional Investors Hate Clear Channel Outdoor Holdings Inc (NYSE:CCO)?

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Sentiment for Clear Channel Outdoor Holdings Inc (NYSE:CCO)

Clear Channel Outdoor Holdings Inc (NYSE:CCO) institutional sentiment decreased to 1.81 in 2018 Q4. Its down -0.75, from 2.56 in 2018Q3. The ratio dropped, as 47 investment professionals increased and opened new stock positions, while 26 sold and trimmed stock positions in Clear Channel Outdoor Holdings Inc. The investment professionals in our partner’s database now own: 32.07 million shares, up from 31.35 million shares in 2018Q3. Also, the number of investment professionals holding Clear Channel Outdoor Holdings Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 20 Increased: 28 New Position: 19.

Clear Channel Outdoor Holdings, Inc., an outdoor advertising company, owns and operates advertising display faces. The company has market cap of $1.93 billion. It operates in two divisions, Americas Outdoor Advertising and International Outdoor Advertising (International). It currently has negative earnings. The firm offers advertising services through billboards comprising bulletins and posters; street furniture displays, including advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; and other out-of-home advertising displays, such as wallscapes and spectaculars, as well as mall displays and other small displays.

The stock decreased 2.59% or $0.14 during the last trading session, reaching $5.27. About 252,153 shares traded or 160.32% up from the average. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) has risen 11.11% since March 17, 2018 and is uptrending. It has outperformed by 6.74% the S&P500.

Angelo Gordon & Co. L.P. holds 1.21% of its portfolio in Clear Channel Outdoor Holdings, Inc. for 3.73 million shares. Gallagher Fiduciary Advisors Llc owns 565,582 shares or 0.94% of their US portfolio. Moreover, Ares Management Llc has 0.75% invested in the company for 2.10 million shares. The Massachusetts-based Abrams Capital Management L.P. has invested 0.72% in the stock. Canyon Capital Advisors Llc, a California-based fund reported 2.12 million shares.

More notable recent Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) news were published by: Businesswire.com which released: “Clear Channel Outdoor Holdings, Inc. Announces Upsize and Pricing of Offering of 9.25% Senior Subordinated Notes Due 2024 by Its Subsidiary Clear Channel Worldwide Holdings, Inc. – Business Wire” on February 07, 2019, also Seekingalpha.com with their article: “Clear Channel results in line, showing Americas strength – Seeking Alpha” published on March 05, 2019, Seekingalpha.com published: “Clear Channel Outdoors: IHeartMedia Bankruptcy Implications – Seeking Alpha” on March 21, 2018. More interesting news about Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) were released by: Seekingalpha.com and their article: “iHeartMedia, Clear Channel Outdoor agree to split – Seeking Alpha” published on December 21, 2018 as well as Globenewswire.com‘s news article titled: “Cameco reports fourth quarter and 2018 financial results – GlobeNewswire” with publication date: February 08, 2019.

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Institutional Positions Chart

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