Regal Entertainment Group Class (NYSE:RGC) Sees Significantly Higher Trading Volume

Marco Green
September 14, 2017

The shares were bought at an average price of $14.04 per share, with a total value of $105,300.00. Regal Entertainment Group has had 3 insider trades in the last 3 months, including 3 open market buys and 0 sells.

Ranger International Management Lp holds 2.92% of its portfolio in Regal Entertainment Group for 43,966 shares.

In a report released on 6/22/2017 RBC Capital reduced the stock price target of Regal Entertainment (NYSE:RGC) from $25.00 to $22.00 reporting a potential upside of 0.06%. Shares saw a steep increase in trading volume of 294.38% over the normal average daily volume.

It is trading at $15.74 which is marginally under $16.77, the stock's 50 day moving average and which is quite a bit lower than the 200 day moving average of $20.08. It has underperformed by 18.05% the S&P500. Parallel Advisors LLC now owns 7,045 shares of the company's stock worth $153,000 after acquiring an additional 145 shares during the period. The institutional investor held 352,572 shares of the construction and ag equipment and trucks company at the end of 2016Q4, valued at $5.58M, down from 451,620 at the end of the previous reported quarter. The company has market cap of $2.45 billion. Royal Natl Bank Of Canada invested in 597,622 shares or 0.01% of the stock. About 121,952 shares traded. Lantheus Holdings Inc (NASDAQ:LNTH) has risen 644.29% since September 12, 2016 and is uptrending. It has outperformed by 2.27% the S&P500. Chartwell Investment Partners, LLC controls 307,085 shares with a value of $6,283,000. It also reduced Eog Res Inc (NYSE:EOG) stake by 63,837 shares and now owns 366,999 shares. Regal Entertainment Group has a 12 month low of $13.90 and a 12 month high of $24.79. While looking the figure depicted by the Price to Earning we can suggest that the shares of Regal Entertainment Group (RGC) are overvalued.

According to Regal Entertainment Group (RGC) most recent 13F filing, the company has 37 new institutional holders - accounting for 3.73 million shares of its common stock. Therefore 100% are positive. For the full year, analysts expect earnings to decline -14.91% yoy to $1.37. (NASDAQ:ADI) earned "Buy" rating by Robert W. Baird on Wednesday, August 30. On Wednesday, June 21 the stock rating was maintained by Oppenheimer with "Buy". The rating was upgraded by Morgan Stanley to "Overweight" on Monday, October 24. Oppenheimer downgraded the stock to "Perform" rating in Tuesday, December 15 report.

Regal Entertainment Group most recently reported earnings per share (EPS) of $0.16 for the June 2017 versus $0.23 in the same quarter past year, representing -30% growth. Credit Suisse initiated Regal Entertainment Group (NYSE:RGC) rating on Friday, February 5. The company was upgraded on Monday, September 28 by B. Riley & Co. Zacks Investment Research raised shares of Regal Entertainment Group from a "hold" rating to a "buy" rating and set a $26.00 price objective on the stock in a research report on Wednesday, November 16th.

Investors sentiment increased to 1.41 in Q4 2016. ARCC has lost -0.12% in the 1-month period.

Want to see what other hedge funds are holding RGC? 112.34 million shares or 10.74% more from 101.44 million shares in 2016Q3 were reported. Regal Entertainment Group now has an average rating of "Hold" and an average price target of $25.07. American Century Incorporated stated it has 0% of its portfolio in Regal Entertainment Group (NYSE:RGC). 818,000 are held by Renaissance Technology Limited Co. Pacer Advisors Inc. bought a new position in shares of Regal Entertainment Group during the second quarter worth about $140,000. Tcw Gru reported 730,570 shares. Cantab Capital Partners Llp now controls 115,312 shares worth $2,359,000,000. Regal Entmt Group now has $2.43B valuation. 3,918 were reported by Whittier Trust Company Of Nevada. Regal Entertainment Group has a dividend payout ratio of 85.4% indicating that its dividend is now covered by earnings, but may not be in the future if the company's earnings fall. State Board Of Administration Of Florida Retirement Systems holds 0.01% or 148,531 shares. Aperio Gru Ltd invested in 0.01% or 66,225 shares. Parametric Portfolio Associates Limited Liability reported 417,972 shares or 0.01% of all its holdings. State Street Corp accumulated 1.24 million shares. Texas Yale Cap Corporation invested in 123,911 shares.

Regal Entertainment Group has increased its dividend by an average of 1.6% per year over the last three years. 11, 2017. At recent session, the prices were hovering between $6.14 and $6.32. More interesting news about Wabash National Corporation (NYSE:WNC) were released by: Globenewswire.com and their article: "Wabash National Announces Launch of $325 Million Private Placement" published on September 08, 2017 as well as Fool.com's news article titled: "Why Wabash National Corporation's Shares Popped 10% in April" with publication date: May 10, 2017. Five investment analysts have rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Therefore 61% are positive. Arcos Dorados Holdings Inc. had 5 analyst reports since August 12, 2015 according to SRatingsIntel. The company was upgraded on Thursday, April 14 by Pacific Crest. Jefferies maintained the stock with "Buy" rating in Thursday, June 29 report. The rating was maintained by Topeka Capital Markets on Friday, January 29 with "Hold". The firm has "Underperform" rating given on Friday, September 30 by CLSA.

Market Capitalization can be thought of as the overall price to buy the company. The average volume of a stock suggests the liquidity of a particular company. The firm has "Outperform" rating given on Tuesday, September 8 by Macquarie Research.

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