Michigan State Retirement System decreased its Lamar Advertising stake by 1.9% in Q2.

Michigan State Retirement System reduced its Lamar Advertising stake by 1.9% in Q2, holding 21,138 shares worth $2.53m. Institutional investors, including Vanguard, Boston Partners, and Charles Schwab, changed their stakes in the company. Lamar Advertising reported a 4.5% revenue increase in Q2, with a market cap of $12.55bn, PE ratio of 25.21, and a 4.56% dividend yield.

August 28, 2024
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