04 August, 2017
During the same period in the prior year, the business earned $1.15 EPS. Wrapmanager Inc. purchased a new position in shares of AMC Networks during the first quarter valued at about $233,000.
(NASDAQ:AMCX) shares saw heavy trading volume with 1,168K shares changing hands on Friday.
The worldwide and other segment-which principally consists of AMC Networks global, IFC Films, and various developing digital content distribution initiatives-saw revenues for the second quarter of 2017 decrease by $7 million to $111 million, while operating loss increased $23 million to a loss of $31 million, and adjusted operating income decreased $7 million to $1 million. It has underperformed by 34.20% the S&P500.
United Community Bancorp, Inc.is a savings and loan holding company. Clark Estates Inc who had been investing in Amc Networks Inc for a number of months, seems to be bullish on the $4.26 billion market cap company.
In the market the company is trading up from yesterday's close of $62.52. The return on equity ratio or ROE stands at 0 percent while most common profitability ratio return on investment (ROI) was 15.6 percent. The Company's divisions include Baran Israel, Baran International and Others.
About 429,286 shares traded. Universal Forest Products, Inc.
Since January 1, 0001, it had 1 buy, and 1 insider sale for $196,618 activity. Greenwood Capital Associates LLC boosted its position in AMC Networks by 4.4% in the first quarter. Freestone Capital Hldg Lc holds 0% or 84 shares in its portfolio. Ibm Retirement Fund, a New York-based fund reported 4,857 shares. Martingale Asset Mngmt Ltd Partnership invested in 0.04% or 56,777 shares. Its down 0.05, from 1.01 in 2016Q3. 50 funds opened positions while 79 raised stakes.
S Muoio & Company increased Rite Aid Corp (NYSE:RAD) stake by 192,000 shares to 292,000 valued at $2.41M in 2016Q4. Morgan Stanley owns 292,812 shares for 0.01% of their portfolio.
Ameriprise Financial Inc decreased Amc Networks Inc (AMCX) stake by 43.98% reported in 2016Q4 SEC filing. Sentinel Lba, a Texas-based fund reported 10,982 shares. Dupont Mgmt Corporation owns 101,454 shares for 0.12% of their portfolio. Pnc Svcs Group holds 0% or 4,419 shares. Moffett Nathanson reaffirmed a "sell" rating on shares of AMC Networks in a research report on Friday, June 9th. Consolidated Inv Gp Ltd Liability Corp reported 1.03% stake. Tricadia invested 2.69% in AMC Networks Inc (NASDAQ:AMCX). Jpmorgan Chase holds 0% or 89,784 shares. Blackrock Investment Mngmt Ltd Liability has 222,604 shares. Vanguard Group Inc is the second biggest holder with 5 million shares now valued at 267.19 million whilst Legg Mason Partners Fund Advisor, LLC has 4 million shares valued at 211.96 million. Leuthold Grp Ltd holds 0.12% or 25,682 shares.
Shares of AMC Networks Inc. Deere & Co (NYSE:DE) was reduced too. (NASDAQ:AMCX). According to the most recently released broker notes, 2 analysts have a rating of "strong buy" on the stock, 5 analysts "buy", 10 analysts "neutral", 1 analysts "sell" and 1 analysts "strong sell". Therefore 48% are positive. On average, analysts predict that AMC Networks will post $6.40 earnings per share for the current fiscal year. The rating was maintained by Guggenheim on Tuesday, October 11 with "Buy". Zacks Investment Research cut AMC Networks from a buy rating to a hold rating in a report on Friday, March 31st. Stifel Nicolaus maintained the shares of AMCX in report on Wednesday, July 20 with "Buy" rating. On Tuesday, September 22 the stock rating was downgraded by TheStreet to "Hold". The company was maintained on Thursday, September 3 by Topeka Capital Markets. Stifel Nicolaus maintained AMC Networks Inc (NASDAQ:AMCX) rating on Monday, December 19. The firm's revenue was up 3.8% on a year-over-year basis. The stock of AMC Networks Inc (NASDAQ:AMCX) has "Underweight" rating given on Thursday, November 3 by Albert Fried. (NASDAQ:AMCX) by 0.1% during the second quarter, Holdings Channel reports.
In terms of earnings per share, 15 analysts have a 1.25 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 15 analysts have a 1.60 EPS mean target and for the quarter ending Dec-17 there are 15 estimates of 6.38 EPS.
