California Public Employees Retirement System Acquires 40,998 Shares of AMC Entertainment Holdings Inc (AMC)

California Public Employees Retirement System raised its holdings in AMC Entertainment Holdings Inc (NYSE:AMC) by 66.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 102,276 shares of the company’s stock after acquiring an additional 40,998 shares during the quarter. California Public Employees Retirement System owned about 0.08% of AMC Entertainment worth $1,544,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Independent Advisor Alliance bought a new position in AMC Entertainment in the third quarter valued at approximately $291,000. Caxton Associates LP bought a new position in AMC Entertainment in the third quarter valued at approximately $2,205,000. Public Employees Retirement System of Ohio boosted its stake in AMC Entertainment by 10,509.5% in the third quarter. Public Employees Retirement System of Ohio now owns 96,228 shares of the company’s stock valued at $1,415,000 after acquiring an additional 95,321 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in AMC Entertainment by 5.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 184,059 shares of the company’s stock valued at $2,779,000 after acquiring an additional 10,309 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in AMC Entertainment by 170.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 26,468 shares of the company’s stock valued at $389,000 after acquiring an additional 16,698 shares during the last quarter. 43.76% of the stock is currently owned by hedge funds and other institutional investors.

AMC Entertainment Holdings Inc (NYSE:AMC) opened at $13.90 on Monday. The firm has a market cap of $1,776.18, a price-to-earnings ratio of -3.71, a PEG ratio of 8.06 and a beta of 0.84. AMC Entertainment Holdings Inc has a 52-week low of $10.80 and a 52-week high of $32.10. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 2.27.

AMC Entertainment (NYSE:AMC) last issued its quarterly earnings data on Thursday, March 1st. The company reported ($2.14) EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($2.41). AMC Entertainment had a negative return on equity of 6.04% and a negative net margin of 9.59%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business earned $0.33 earnings per share. The company’s revenue was up 53.0% on a year-over-year basis. research analysts anticipate that AMC Entertainment Holdings Inc will post 0.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 26th. Investors of record on Monday, March 12th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, March 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.76%. AMC Entertainment’s payout ratio is -21.33%.

A number of brokerages have issued reports on AMC. TheStreet raised shares of AMC Entertainment from a “d+” rating to a “c-” rating in a research note on Monday, March 12th. Zacks Investment Research cut shares of AMC Entertainment from a “hold” rating to a “sell” rating in a research note on Monday, March 12th. B. Riley reaffirmed a “buy” rating and issued a $27.50 price objective (down from $30.00) on shares of AMC Entertainment in a research note on Friday, March 2nd. Wedbush set a $19.00 price target on shares of AMC Entertainment and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Finally, Royal Bank of Canada cut shares of AMC Entertainment from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 10th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $23.04.

WARNING: “California Public Employees Retirement System Acquires 40,998 Shares of AMC Entertainment Holdings Inc (AMC)” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3301243/california-public-employees-retirement-system-acquires-40998-shares-of-amc-entertainment-holdings-inc-amc.html.

About AMC Entertainment

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.

Want to see what other hedge funds are holding AMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMC Entertainment Holdings Inc (NYSE:AMC).

Institutional Ownership by Quarter for AMC Entertainment (NYSE:AMC)

Receive News & Ratings for AMC Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Heidrick & Struggles  Expected to Post Q2 2018 Earnings of $0.43 Per Share
Heidrick & Struggles Expected to Post Q2 2018 Earnings of $0.43 Per Share
TheStreet Lowers Acxiom  to C+
TheStreet Lowers Acxiom to C+
TheStreet Downgrades Gridsum  to D
TheStreet Downgrades Gridsum to D
Stifel Nicolaus Cuts Williams Pipeline Partners  Price Target to $41.00
Stifel Nicolaus Cuts Williams Pipeline Partners Price Target to $41.00
Cowen Initiates Coverage on Unum Therapeutics
Cowen Initiates Coverage on Unum Therapeutics
OneSmart International Education Group  Earns Overweight Rating from Analysts at Morgan Stanley
OneSmart International Education Group Earns Overweight Rating from Analysts at Morgan Stanley


© 2006-2018 Ticker Report. Google+.