31 August, 2017
(AMC) will report its next earnings on Aug 04 BMO. The total value of its holdings increased 179.1%.
AMC Entertainment Holdings, Inc.is a holding company. Loop Capital reiterated a "buy" rating and issued a $39.00 price target on shares of AMC Entertainment Holdings in a research report on Monday, July 10th.
On August 3 the company was rated "Hold" in a report from Benchmark a cut from the previous "Buy" rating. July 18 investment analysts at Credit Suisse held the stock rating at "Underperform" and lowered the price target to $17.00 from $34.00. AMC Entertainment Holdings, Inc also recently declared a dividend to be paid on Monday September 25th, 2017. (NYSE:AMC) has been assigned a $16.00 target price by research analysts at Barclays PLC in a report issued on Tuesday.
AMC Entertainment Holdings, Inc.is a holding company. The stock's market cap is $1.71 billion. The 50 day moving average was down $-4.65 or -26.55% and the 200 day average was down $-12.54. The company reported ($1.35) earnings per share for the quarter, missing the consensus estimate of $0.06 by $1.41. Next quarter's EPS is forecasted at $0.52 with next year's EPS anticipated to be $0.38. The Return on Equity (ROE) value stands at -5%. The business's revenue was up 57.3% compared to the same quarter a year ago. "(AMC) Shares Sold by Jennison Associates LLC" was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune.
As of the last earnings report the EPS was $-0.96 and is projected to be $-1.02 for the current year with 130,792,000 shares now outstanding.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Shareholders of record on Monday, September 11th will be given a dividend of $0.20 per share. The ex-dividend date is set for Thursday the 1st of June 2017.
Among 6 analysts covering Outfront Media Inc (NYSE:OUT), 2 have Buy rating, 0 Sell and 4 Hold. AMC Entertainment Holdings's dividend payout ratio is now -125.00%. The company had Year Ago Sales of 779.77 Million. This buyback authorization permits the company to reacquire up to 58% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued. The stock presently has an average rating of "Hold" and an average target price of $29.36. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
In other news, SVP Kevin M. Connor acquired 4,000 shares of the firm's stock in a transaction on Thursday, June 8th. The shares were purchased at an average price of $23.52. Following the completion of the transaction, 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. Insiders purchased 41,000 shares of company stock valued at $685,570 over the last three months.
Large investors have recently made changes to their positions in the stock. Finally, Bank of New York Mellon Corp boosted its position in AMC Entertainment Holdings by 35.7% in the first quarter. The value in dollars decreased from $13,927,000 to $13,566,000 a change of $361,000 since the last quarter. The value of the total investment in AMC Entertainment Holdings, Inc decreased from $13,927,000 to $13,566,000 a change of 2.6% quarter over quarter. Sei Investments Co. now owns 70,523 shares of the company's stock valued at $2,218,000 after buying an additional 70,481 shares during the period.
AMC Entertainment Holdings, Inc. has a 52-week low of $12.05 and a 52-week high of $35.65. Jennison Associates LLC purchased a new position in AMC Entertainment Holdings during the first quarter valued at $1,564,000. Swiss National Bank boosted its position in AMC Entertainment Holdings by 100.8% in the first quarter. Great West Life Assurance Co. Following the transaction, the director now owns 30,500 shares of the company's stock, valued at approximately $381,250. The stock of AMC Entertainment Holdings Inc (NYSE:AMC) earned "Buy" rating by M Partners on Wednesday, October 21. Hsbc Public Limited Company invested in 0% or 20,364 shares. If you are reading this report on another domain, it was copied illegally and reposted in violation of U.S. and global copyright laws.
