The AMC Entertainment Holdings Inc. (AMC) Shares Bought by Chicago Equity Partners LLC

The AMC Entertainment Holdings Inc. (AMC) Shares Bought by Chicago Equity Partners LLC

Chicago Equity Partners LLC boosted its stake in shares of AMC Entertainment Holdings Inc. (NYSE:AMC) by 4.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,760 shares of the company’s stock after buying an additional 900 shares during the period. Chicago Equity Partners LLC’s holdings in AMC Entertainment Holdings were worth $677,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Nationwide Fund Advisors increased its stake in shares of AMC Entertainment Holdings by 145.2% in the third quarter. Nationwide Fund Advisors now owns 99,777 shares of the company’s stock valued at $3,102,000 after buying an additional 59,087 shares during the period. Algert Global LLC increased its stake in shares of AMC Entertainment Holdings by 99.5% in the third quarter. Algert Global LLC now owns 35,687 shares of the company’s stock valued at $1,110,000 after buying an additional 17,801 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of AMC Entertainment Holdings by 2.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 70,988 shares of the company’s stock valued at $1,960,000 after buying an additional 1,452 shares during the period. B. Riley Financial Inc. purchased a new stake in shares of AMC Entertainment Holdings during the second quarter valued at approximately $218,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of AMC Entertainment Holdings during the second quarter valued at approximately $793,000. Institutional investors and hedge funds own 24.31% of the company’s stock.

AMC Entertainment Holdings Inc. (NYSE:AMC) traded up 0.30% on Thursday, reaching $33.90. 213,697 shares of the company were exchanged. The firm has a market capitalization of $3.30 billion, a PE ratio of 26.76 and a beta of 1.54. The stock has a 50 day moving average of $33.58 and a 200 day moving average of $31.65. AMC Entertainment Holdings Inc. has a 12-month low of $19.28 and a 12-month high of $35.65.

AMC Entertainment Holdings (NYSE:AMC) last announced its quarterly earnings results on Monday, November 7th. The company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.08. AMC Entertainment Holdings had a net margin of 4.02% and a return on equity of 7.95%. The firm had revenue of $779.77 million for the quarter, compared to analyst estimates of $781.56 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The business’s revenue was up 13.2% on a year-over-year basis. Equities analysts anticipate that AMC Entertainment Holdings Inc. will post $1.01 EPS for the current year.

Several brokerages recently commented on AMC. MKM Partners restated a “buy” rating and issued a $45.00 price target on shares of AMC Entertainment Holdings in a research report on Wednesday. Wedbush restated a “buy” rating and issued a $41.00 price target on shares of AMC Entertainment Holdings in a research report on Wednesday. FBR & Co downgraded shares of AMC Entertainment Holdings from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $38.00 to $35.00 in a research report on Wednesday, January 4th. B. Riley reiterated a “buy” rating and issued a $47.50 target price on shares of AMC Entertainment Holdings in a research report on Monday, December 26th. Finally, Benchmark Co. increased their target price on shares of AMC Entertainment Holdings from $42.72 to $43.21 and gave the stock a “buy” rating in a research report on Wednesday, December 21st. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. AMC Entertainment Holdings has a consensus rating of “Buy” and an average price target of $35.67.

AMC Entertainment Holdings Company Profile

AMC Entertainment Holdings, Inc 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. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

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