Short traders are feeling a little more bearish on AMC Entertainment Holdings, Inc of late as inferred by the change in short interest. The company had a trading volume of 2,416,930 shares.
A number of hedge funds and other institutional investors have recently bought and sold shares of AMC. Janus Capital Management LLC now controls 2,417,897 shares worth $76,043,000. Teachers Advisors LLC grew its stake in AMC Entertainment Holdings by 42.5% during the fourth quarter. Finally, ValuEngine downgraded AMC Entertainment Holdings from a hold rating to a sell rating in a report on Thursday, August 3rd. Finally, American Century Companies Inc. grew its stake in AMC Entertainment Holdings by 15.5% during the first quarter. Analysts predict that AMC Entertainment Holdings will post ($1.03) earnings per share for the current fiscal year. Great West Life Assurance Co. BlackRock Inc. now owns 3,352,184 shares of the company's stock valued at $105,428,000 after buying an additional 3,344,988 shares in the last quarter.
In other AMC Entertainment Holdings news, Director Jack Qunyao Gao bought 20,000 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were purchased at an average price of $13.47 per share, for a total transaction of $94,290.00. Following the completion of the purchase, the director now directly owns 30,500 shares in the company, valued at approximately $381,250.
In the latest earnings report the EPS was $-0.96 and is expected to be $-1.03 for the current year with 130,792,000 shares now outstanding. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. (NYSE:AMC) shares are moving 4.87% trading at $14.00 today.
AMC Entertainment Holdings, Inc.is a holding company. Credit Suisse Group cut their target price on AMC Entertainment Holdings from $26.00 to $20.00 and set an underperform rating on the stock in a report on Friday, June 23rd. Pineview Asset Management Lp augmented its investment by buying 910,666 shares an increase of 334.8%.
A number of equities analysts have weighed in on AMC shares. Shenandoah Telecommunications Company has 0 buy ratings, 1 holds and 0 sells even after the stock tumbled -12.01% from its high of $37.9 to a $1.64 billion market value through last close.
TRADEMARK VIOLATION NOTICE: This news story was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright laws. The value of the investment in AMC Entertainment Holdings, Inc went from $20,796,000 to $23,460,000 increasing 12.8% for the reporting period. Airain has 0.03% invested in AMC Entertainment Holdings Inc (NYSE:AMC). (NYSE:AMC) opened at 14.20 on Wednesday. The company has a 50 day moving average price of $33.40 and a 200-day moving average price of $32.14. AMC Entertainment Holdings has a 1-year low of $12.05 and a 1-year high of $35.65. The corporation has a market cap of US$1.91 Billion. Schroder Inv Management Grp has invested 0.02% in AMC Entertainment Holdings Inc (NYSE:AMC).
In the latest earnings report the EPS was $-0.96 and is projected to be $-1.03 for the current year with 130,792,000 shares outstanding. The original version of this report can be viewed at https://www.truebluetribune.com/2017/09/12/amc-entertainment-holdings-amc-buy-rating-reaffirmed-at-citigroup-inc.html. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.22 billion. For the past 5 years, the company's revenue has grown -45.5%, while the company's earnings per share has grown -59.3%. State Board Of Administration Of Florida Retirement System reported 7,521 shares stake.
On July 19 the company was set at "Equal-Weight" according to a Barclays report which is down from the previous "Overweight" rating. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 27th. Stockholders of record on Monday, September 11th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, March 9th. The dividend will be $0.200 per share for the quarter or $0.80 annualized. AMC Entertainment Holdings's dividend payout ratio (DPR) is -125.00%. Gsa Ptnrs Llp has invested 0.08% in AMC Entertainment Holdings Inc (NYSE:AMC). The Company, through its subsidiaries, including AMC Entertainment Inc., American Multi-Cinema, Inc. It operates through theatrical exhibition operations segment.