AMC Entertainment Holdings, Inc (NYSE:AMC) Trading Volume Significantly Higher

Lawrence Kim
August 19, 2017

The dividend will be $0.200 per share for the quarter or $0.80 annualized. The brokerage now has an outperform rating on the stock.

A number of other research analysts also recently commented on AMC. The consensus recommendation is the average rating on a stock by the analyst community. Wedbush restated an "outperform" rating and issued a $40.00 price target on shares of AMC Entertainment Holdings in a report on Monday, April 24th. FBR & Co restated a "buy" rating and issued a $37.00 price target on shares of AMC Entertainment Holdings in a report on Friday, April 21st. According to these analysts, the Low Revenue Estimate for AMC Entertainment Holdings, Inc.is 1.07 Billion and the High Revenue Estimate is 1.26 Billion. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company's stock. Currently, the stock has a 1 Year Price Target of $26.28. (NYSE:AMC), its shares were trading at $13.25 a retreat of $-0.35, on the trading floor. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright laws.

ILLEGAL ACTIVITY WARNING: "AMC Entertainment Holdings, Inc". The stock traded as high as $16.65 and last traded at $16.25, with a volume of 6,601,465 shares. Based on a recent bid, the stock is trading -61.85% away from its 52-week high and -0.37% away from its 52 week low.

It is trading at $13.00 which is significantly below $19.04, the stock's 50 day moving average and which is much lower than the 200 day moving average of $26.27. Becker Capital Management Inc sold 1,206 shares as Blackrock Inc (BLK)'s stock rose 1.17%. The value of the investment in AMC went from $141,000 to $110,000 decreasing 22.0% since the last quarter. During the same period in the prior year, the business posted $0.24 EPS. The company beat the analyst EPS Estimate with the difference of $0.04. AMC Entertainment Holdings had a negative return on equity of 3.44% and a negative net margin of 2.49%. Ameritas Investment Partners Inc. raised its position in AMC Entertainment Holdings by 8.3% in the second quarter.

Movie-theater chain AMC said the company wouldn't support subscription service MoviePass, which Tuesday said it would cut the monthly subscription price to $10 to see movies as often as once a day. This repurchase authorization permits the company to buy up to 58% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. The ex-dividend date of this dividend is Friday, September 8th. This dividend amount will represent a yeild of $5.88. AMC Entertainment Holdings's dividend payout ratio (DPR) is -125.00%. The ex-dividend date will be on Thursday June 1st, 2017. The total value of its holdings increased 214.5%. The company has Beta Value of 1.49 and ATR value of 0.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was bought at an average price of $24.72 per share, for a total transaction of $247,200.00. The disclosure for this purchase can be found here.

About 4.13M shares traded or 33.23% up from the average. Virginia Retirement Systems ET AL increased its position in shares of AMC Entertainment Holdings by 1.9% in the second quarter. Bank of New York Mellon Corp now owns 440,593 shares of the company's stock valued at $13,856,000 after buying an additional 115,861 shares in the last quarter.

As of the end of the quarter Susquehanna International Group, Llp had bought 82,759 shares growing its holdings by 116.9%. Following the completion of the purchase, the senior vice president now directly owns 40,705 shares of the company's stock, valued at approximately $957,381.60. (AMC) has a market capitalization of 1.72 Billion which suggests the company is a huge company further suggesting that the shares of AMC Entertainment Holdings, Inc. Can now owns 5,558 shares of the company's stock valued at $174,000 after buying an additional 3,932 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of AMC Entertainment Holdings by 74.7% in the first quarter. Prudential Financial Inc. now owns 30,779 shares of the company's stock worth $968,000 after buying an additional 12,360 shares in the last quarter. Finally, FMR LLC increased its position in shares of AMC Entertainment Holdings by 5,837.8% in the fourth quarter. Croft Leominster Inc. now owns 11,300 shares of the company's stock worth $355,000 after buying an additional 3,000 shares during the last quarter. The Company, through its subsidiaries, including AMC Entertainment Inc., American Multi-Cinema, Inc.

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