23 July, 2017
Wells Fargo & Company MN boosted its stake in shares of AMC Entertainment Holdings by 70.4% in the first quarter.
The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -31.34% and has no so good Year to Date (YTD) Performance of -38.78% which means the stock is constantly adding to its value from previous fiscal year end price.
The share price of the company (NYSE:AMC) was down -1.21% during the last trading session, with a high of 20.85 and the volume of AMC Entertainment Holdings, Inc. shares traded was 1275877.
Among 15 analysts covering AMC Entertainment (NYSE:AMC), 11 have Buy rating, 1 Sell and 3 Hold. Creative Planning raised its position in shares of AMC Entertainment Holdings by 80,218.5% in the second quarter.
On 2/15/2017 AMC Entertainment Holdings announced a quarterly dividend of $0.20 2.54% with an ex dividend date of 3/9/2017 which will be payable on 3/27/2017.
Entertainment Holdings (NYSE:AMC) opened at 21.40 on Tuesday. The latest reports which are outstanding on Saturday 22nd of July state 4 analysts have a rating of "strong buy", 6 analysts "buy", 3 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". The stock of AMC Entertainment Holdings Inc (NYSE:AMC) earned "Buy" rating by Stifel Nicolaus on Monday, January 4.
COPYRIGHT VIOLATION WARNING: This article was originally posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this piece on another site, it was illegally copied and reposted in violation of USA & global trademark and copyright legislation. The correct version of this news story can be read at https://baseballnewssource.com/markets/q2-2017-eps-estimates-for-amc-entertainment-holdings-inc-amc-reduced-by-wedbush-updated/1180115.html. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 22.66 and a beta of 1.35. (NYSE:AMC) is 0.546904. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both. The firm has a 50-day moving average price of $22.94 and a 200 day moving average price of $28.62.
The firm also recently declared a quarterly dividend, which was paid on Monday, June 19th. This dividend represents a yield of $3.98. The ex-dividend date of this dividend was Thursday, June 1st. Also, CEO Adam M. Aron bought 10,000 shares of the company's stock in a transaction on Friday, June 2nd. The stock was purchased at an average cost of $24.72 per share, for a total transaction of $247,200.00. Moreover, National Asset Management Inc. has 0.11% invested in the company for 34,750 shares.
03/24/2017 - AMC Entertainment Holdings, Inc. had its " rating reiterated by analysts at B. Riley. The stock was purchased at an average price of $23.52 per share, for a total transaction of $94,080.00. Following the purchase, the senior vice president now owns 40,705 shares of the company's stock, valued at $957,381.60. The disclosure for this purchase can be found here. Company insiders own 0.80% of the company's stock. Russell Investments Group Ltd. raised its stake in AMC Entertainment Holdings by 897.0% in the first quarter.
It closed at $20.6 lastly. Great West Life Assurance Co. GW Henssler & Associates Ltd. purchased a new stake in AMC Entertainment Holdings during the first quarter valued at approximately $524,000. Creative Planning now owns 43,372 shares of the company's stock valued at $987,000 after buying an additional 43,318 shares during the period. AMC Entertainment Holdings, Inc. has 4 buy ratings, 3 holds and 0 sells even after the stock tumbled -42.22% from its high of $35.65 to a $2.73 billion market value through last close. Pacer Advisors Inc. purchased a new position in AMC Entertainment Holdings during the first quarter worth about $157,000. Boston Advisors LLC raised its stake in AMC Entertainment Holdings by 29.2% in the first quarter. SG Americas Securities LLC now owns 13,688 shares of the company's stock worth $430,000 after buying an additional 5,237 shares during the last quarter.
A number of hedge funds and other institutional investors have recently made changes to their positions in AMC.
AMC Entertainment Holdings, Inc., launched on June 6, 2007, is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business.
