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Clear Channel Outdoor Holdings Inc $ 1 -0.02 (-1.96%)

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Volume:
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Enterprise Value $:
6.73 Bil
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Clear Channel Outdoor Holdings Inc News and Headlines -

GuruFocus Articles Total 16
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Alternative asset management firm reduces stake in funeral home operator

Oaktree Capital Management, the firm founded by legendary investor Howard Marks (Trades, Portfolio), disclosed earlier this week it curbed its stake in StoneMor Partners LP (STON) by 11.77%.

On its website, the guru’s Los Angeles-based alternative asset management firm says it focuses on delivering superior results while observing its six-tenet investment philosophy: risk control, consistency, market inefficiency, specialization, bottom-up analysis and disavowal of market timing.

According to GuruFocus Real-Time Picks, a Premium feature, the firm divested of 527,197 shares of the Trevose, Pennsylvania-based company on Oct. 28, bringing its total holding to 3.95 million shares. The

231 Views    Sydnee Gatewood    2019-10-31 15:31
Klarman protégé releases quarterly portfolio, top buy is medical tech IPO company

David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed earlier this month he gained two new positions during the second quarter: TransMedics Group Inc. (TMDX) and Clear Channel Outdoor Holdings Inc. (CCO). Additionally, Abrams kept increasing his Camping World Holdings Inc. (CWH) throughout the quarter according to GuruFocus Real-Time Picks, a Premium feature.

Abrams, a protégé of Baupost leader Seth Klarman (Trades, Portfolio), oversees approximately $9 billion in assets. According to the firm’s website, Abrams Capital invests with a long-term time horizon using a fundamental, value-oriented approach.

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191 Views    James Li    2019-08-21 20:35
Guru also adds to Berkshire holding Red Hat

Mario Gabelli (Trades, Portfolio), one of our speakers at this year’s Value Conference, disclosed last week his top six new buys for the second quarter were IAA Inc. (IAA), Clear Channel Outdoor Holdings Inc. (CCO), Allstate Corp. (ALL), Invitation Homes Inc. (INVH), Amber Road Inc. (AMBR) and Array Biopharma Inc. (ARRY). However, his top buy in terms of portfolio impact is an increased bet on Red Hat Inc. (RHT), a holding of Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (BRK.A) (BRK.B).

Gabelli graduated summa cum laude in 1965 from Fordham University’s College

1331 Views    James Li    2019-08-05 20:52
Guru stock highlight

Clear Channel Outdoor Holdings (NYSE:CCO) (0.1%) (CCO – $5.95 – NYSE) located in San Antonio, Texas, is an outdoor advertising company with billboards, street furniture, transit, and digital displays in global markets. Outdoor advertising represents 4%-6% of total advertising, reaches consumers outside of the home where the propensity to spend is greater, and it cannot be skipped or blocked. iHeart Communication controls CCO with ~87% of the economic and 99% of the vote. iHeart is currently negotiating a bankruptcy exit with its creditors, which include CCO. CCO has businesses in both the U.S. and international markets that could be

84 Views    Holly LaFon    2018-12-12 19:50
Discussion of markets and holdings

To Our Shareholders,

For the quarter ended September 30, 2018, the net asset value (“NAV”) per Class AAA Share of The Gabelli Asset Fund increased 5.1% compared with an increase of 7.7% for the Standard & Poor’s (“S&P”) 500 Index. Other classes of shares are available. See page 2 for performance information for all classes.

Third Quarter Commentary

Markets continued to charge ahead in the third quarter, with the S&P 500 again setting record highs in late September. Financial and economic data continue to support the rally: U.S. second quarter GDP growth registered a blistering 4.2%, the unemployment rate fell

252 Views    Holly LaFon    2018-12-12 19:26
The company is also trading with a low P/E ratio

Several stakes currently found in David Abrams (Trades, Portfolio)'s portfolio are trading with low P/S ratios.

Abrams founded Abrams Capital Management, and the majority of Abrams’ holdings are in the banking industry, with Western Union (WU) accounting for about 26% of his portfolio and Wells Fargo (WFC) at about 10%.

Barnes & Noble Inc. (BKS) is trading at about $9 with a P/S ratio of 0.10 and a forward P/E multiple of 303.03. Over the last 10 years, the stock has dropped by 68%; during the last 52 weeks the price has been as high as

1334 Views    Tiziano Frateschi    2015-12-30 22:58

Ubiquiti Networks (UBNT) has a very lean business model. The company focuses on design and innovation but outsources manufacturing and does not engage in direct sales. The company has a third-party network of distributors spanning 160 countries.

Accordingly, it is free from all the capital intensive manufacturing activities and associated costs, as well as costs involved with direct marketing. Around 62% of its staff of 400 is involved in research and development and the company holds about 70 patents.

Ubiquity posted third-quarter fiscal 2015 results that did not please the investors, and the stock tanked after the results. However, it

1125 Views    rusticnomad    2015-06-09 20:11

[url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Abrams]David Abrams[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Abrams]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=David+Abrams]Portfolio[/url]) is the founder of Abrams Capital Management, which oversees nearly $8 billion in assets. Most of Abrams’ holdings are in banking, but his buys and adds in the first quarter were largely in communications.

Most of Abrams’ holdings in his 12-stock portfolio were untouched in the first quarter, but his addition of 700,000 shares to his stake in Directv (DTV), a California-based direct broadcast satellite service provider, had a dramatic influence on his portfolio.

The purchase, for an average price of $86.38 per share, doubled his stake in DTV and raised the value of his holding

1760 Views    David Goodloe    2015-05-25 19:58

In this article, let's take a look at Omnicom Group Inc. (OMC), a $18.88 billion market cap company that owns the DDBWorldwide, BBDOWorldwide and TBWAWorldwide advertising agency networks and more than 100 marketing and specialty services firms.

Diverse agency

Taken into account product or geography, it is the largest advertising agency in the world by revenues. With more than 1,500 subsidiary agencies, operating in over 100 countries, the company holds hundreds of agencies ranging from media buying to public relations. For example, BBDO and DDB are well-recognized agencies throughout the world. An important characteristic is that the three global networks

926 Views    Omar Venerio    2014-11-25 22:24

Clear Channel Outdoor Holdings Inc. (CCO) has been a popular investment in the advertising industry so far, as it shares more than 70% of domestic billboard revenue with competitors Lamar Advertising Co. (LAMR) and CBS Corporation (CBS). However, CC Media’s recent holding position of 89% of the advertising firm has made many shareholders uneasy, in addition to bumping the uncertainty rating from medium to high. Therefore, investment gurus Paul Tudor Jones (Trades, Portfolio) and Jeremy Grantham (Trades, Portfolio) reduced their participation in the company, which leaves me wondering what will happen looking forward.

Expect

535 Views    Patricio Kehoe    2014-03-18 21:55

The outdoor advertising industry in the U.S. is dominated mainly by three major companies, which generate 75% of all billboard revenue. However, only one of these companies, Lamar Advertising Co. (LAMR) focuses on midsized markets, where it holds a 70% market share. As such, the firm operates 150,000 billboards, 100,000 logo advertising displays and over 27,000 transit displays throughout the country, which account for a total of 75% of sales. Last quarter, investment gurus Chuck Akre (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) bought this company’s shares at an average price of $48.8. Let’s

612 Views    Patricio Kehoe    2014-03-07 15:26
The CFO of Cumulus Media ([url=http://www.gurufocus.com/stock/CMLS]CMLS[/url]) made a significant insider buy last week. This buy comes after a press release reporting the hiring of a new Senior Vice President of National Sales as well as the contract extension of several favorite radio personalities nationwide. Senior Vice President, Treasurer and CFO Joseph P. Hannan bought 25,000 shares at a price of $3.30. His total transaction amount was $82,500. The CFO now holds 70,943 shares of company stock. Hannan has shown to be a good investor in his company. The last time he bought Cumulus shares was in August 2012. Since that
301 Views    Monica Wolfe    2013-04-03 21:46
Many investors and analysts use insider buys as a signal of whether to invest in a company. Insider buys do not always correlate with a surge in stock prices. However, it does portray management’s strong confidence in the company and management’s belief that the company is undervalued. Insiders are like any other investor who purchases shares when they believe they can make a profit. In this article, I take a look at five companies whose insiders have recently loaded up on company shares. [b]Kraton Performance Polymers (KRA) [/b]shares are trading just below $30. The company is a leader in the
453 Views    StockCroc    2012-03-30 22:12
Immense cash flows enable Super Miners to go further and deeper than anyone else in the mining business, and they produce almost everything from industrial metals such as copper and zinc to metallurgical coal and iron ore used to manufacture steel. No single regulation, tax, political setback or unsuccessful project will bring them down. Governments that nationalize their assets always wind up regretting the decision, suffering lost productivity and profits. And every other company in the industry is a potential takeover target. Investors remain on hair-trigger alert for any sign of weakness, anywhere. Fear is the dominant emotion, which makes
333 Views    David Dittman    2012-01-24 17:08
[b](GuruFocus, August 5, 2009)[/b] First Eagle Fund, which Investment Guru [url=http://www.gurufocus.com/StockBuy.php?GuruName=Jean-Marie+Eveillard]Jean-Marie Eveillard[/url] managed for nearly 30 years through March 2009, is buying has sold out its shares in Clear Channel Outdoor Holdings (CCO). In March 2009, Jean-Marie stepped down and became an advisor to the fund, GuruFocus still tracks the performance of First Eagle Fund under his name. According to GuruFocus Data, the fund sold all its 3.785 million CCO shares on July 31, at the price of $5.74 per share. [b]Clear Channel Outdoor Holdings (CCO) [/b] Clear Channel Outdoor Holdings based in San Antonio TX is a global leader
2337 Views    guruek    2009-08-06 01:06
Value investor Charles de Vaulx minimizes his investment risk by focusing on securities that are considered to be undervalued by the market. This is the updates of his buys and sells during the 4th quarter of 2006. Charles de Vaulx owns 388 stocks with a total value of $13.4 billion as of 12/31/2006. Charles de Vaulx buys Lockheed Martin Corp., WellPoint Inc., Express Scripts Inc., Linear Technology Corp., Meredith Corp., Caremark Rx Inc., Mercantile Bankshares Corp., ISHARES LEHMAN 20 YR, Maxim Integrated Products Inc., Texas Instruments Inc., Columbia Equity Trust Inc., Equity Office Properties Trust, Duke Energy Corp., HEALTHSOUTH CP,
9529 Views    gurufocus    2007-02-20 16:48

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