Valtura Capital Partners buys $5,714,024 stake in Outerwall Inc (OUTR)

Outerwall Inc (OUTR) : Valtura Capital Partners scooped up 68,275 additional shares in Outerwall Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 109,527 shares of Outerwall Inc which is valued at $5,714,024.Outerwall Inc makes up approximately 21.32% of Valtura Capital Partners’s portfolio.

Other Hedge Funds, Including , Municipal Employees’ Retirement System Of Michigan boosted its stake in OUTR in the latest quarter, The investment management firm added 220 additional shares and now holds a total of 3,750 shares of Outerwall Inc which is valued at $195,638. Outerwall Inc makes up approx 0.01% of Municipal Employees’ Retirement System Of Michigan’s portfolio. Price Michael F added OUTR to its portfolio by purchasing 205,800 company shares during the most recent quarter which is valued at $10,736,586. Outerwall Inc makes up approx 1.37% of Price Michael F’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in OUTR in the latest quarter, The investment management firm added 12,486 additional shares and now holds a total of 472,045 shares of Outerwall Inc which is valued at $24,626,588.California Public Employees Retirement System boosted its stake in OUTR in the latest quarter, The investment management firm added 8,100 additional shares and now holds a total of 126,507 shares of Outerwall Inc which is valued at $6,639,087. Outerwall Inc makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Simplex Trading reduced its stake in OUTR by selling 21,849 shares or 70.47% in the most recent quarter. The Hedge Fund company now holds 9,156 shares of OUTR which is valued at $424,747. Outerwall Inc makes up approx 0.05% of Simplex Trading’s portfolio.

Outerwall Inc closed down -0.14 points or -0.27% at $51.82 with 17,46,908 shares getting traded on Thursday. Post opening the session at $51.85, the shares hit an intraday low of $51.78 and an intraday high of $51.89 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Outerwall Inc reported $2.41 EPS for the quarter, beating the analyst consensus estimate by $ 1.04 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.37. The company had revenue of $518.00 million for the quarter, compared to analysts expectations of $486.99 million. The company’s revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.19 EPS.

Many Wall Street Analysts have commented on Outerwall Inc. Outerwall Inc was Downgraded by Dougherty & Company to ” Sell” on Jul 26, 2016. Company shares were Reiterated by Wedbush on Jul 26, 2016 to “Neutral”, Firm has raised the Price Target to $ 52 from a previous price target of $45 .Outerwall Inc was Downgraded by ROTH Capital to ” Sell” on Jul 25, 2016.

Outerwall Inc. is a provider of automated retail solutions. The Company’s business segments include The Redbox Coinstar and New Ventures. The Redbox segment is focused on the entertainment consumer sector where consumers can rent or purchase movies and video games from self-service kiosks. The Coinstar business segment is focused on the money consumer sector and provides self-service kiosks where consumers can convert their coins to cash and convert coins and paper bills to stored value products. Its New Ventures segment identifies evaluates builds and develops self-service concepts in the automated retail space.

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