National CineMedia, Inc. (NASDAQ:NCMI) Trading Volume Significantly Higher

Lawrence Kim
September 19, 2017

A total of 3.29 Million shares exchanged hands, whereas the company's average trading volume stands at 828.44 Million shares.

National CineMedia, Inc. has a consensus hold rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 4.82% of shares outstanding. It has underperformed by 60.80% the S&P500.The move comes after 9 months positive chart setup for the $432.23M company. It was reported on Sep, 16 by Barchart.com.

Balyasny Asset Management Llc increased Fnb Corp/Pa (FNB) stake by 7.37% reported in 2016Q4 SEC filing. Engineers Gate Manager Lp now owns 91,122 shares with a value of $676,000. Fnb Corp/Pa now has $4.13 billion valuation. Stockholders of record on Saturday, August 12th were given a $0.22 dividend.

The counter witnessed a trading volume of 0.85 million shares versus an average volume of 0.37 million shares during last trading session. Corp (NYSE:FNB) has risen 4.28% since September 17, 2016 and is uptrending. 5 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. Celanese had 48 analyst reports since September 1, 2015 according to SRatingsIntel. Boyd Gaming Corp (NYSE:BYD) was raised too. The rating was maintained by Cowen & Co on Friday, August 4 with "Buy". On Tuesday, May 23 the stock rating was upgraded by JP Morgan to "Overweight". FBR Capital maintained National CineMedia, Inc. Corp (NYSE:FNB) rating on Friday, July 22. Benchmark has "Buy" rating and $18.08 target. The firm has "Buy" rating by B. Riley & Co given on Tuesday, August 8. As per Monday, June 13, the company rating was reinitiated by Credit Suisse.

Investors sentiment increased to 1.43 in Q4 2016. Its down 0.42, from 1.53 in 2016Q3. It is positive, as 10 investors sold National CineMedia, Inc. shares while 41 reduced holdings. 38 funds opened positions while 88 raised stakes. Teacher Retirement System of Texas now owns 8,785 shares of the company's stock worth $136,000 after buying an additional 1,311 shares during the last quarter. Corp (NYSE:FNB) or 42,700 shares. Blackrock Institutional Tru Na accumulated 1.61M shares. 31,088 are held by Aqr Capital Management Ltd Limited Liability Company. Wells Fargo Mn has 0% invested in National CineMedia, Inc. 671,553 were reported by Loomis Sayles & Co Ltd Partnership. Ent Fincl Services accumulated 108 shares. Gagnon Limited Liability Com owns 53,137 shares. Benchmark maintained National CineMedia, Inc. Moreover, Asset Mngmt has 0% invested in National CineMedia, Inc. As of the end of the quarter Janus Capital Management LLC had disposed of 1,702,289 shares trimming its position 26.4%. It also upped Take (NASDAQ:TTWO) stake by 423,093 shares and now owns 1.61 million shares. GUERRIERI GARY L had sold 19,000 shares worth $269,240 on Monday, May 15.

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC).

What Historical Figures Say About National CineMedia, Inc. National CineMedia, Inc. (NASDAQ:NCMI) has declined 44.10% since September 16, 2016 and is downtrending. (NASDAQ:NCMI). Nelson Roberts Advisors holds 236 shares. Blair William And Il owns 22,517 shares. Thompson Davis Inc holds 250 shares. Savings Bank Of America De, North Carolina-based fund reported 52,387 shares. National CineMedia's payout ratio is now 314.30%. (NASDAQ:NCMI) has "Market Perform" rating given on Friday, May 5 by FBR Capital. Swiss Financial Bank holds 0% or 102,500 shares. Secor Capital Advsr Lp reported 17,644 shares.

National CineMedia, Inc.'s P/E ratio is 21.50 and the market cap is 417.02M. (NASDAQ:NCMI) to report earnings on November, 6. North Star Inv Mgmt Corporation reported 140,714 shares or 0.31% of all its holdings. Pacad Investment Ltd. now holds 14,223 shares valued at $106,000.

Among 10 analysts covering National CineMedia Inc (NASDAQ:NCMI), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 23rd. They set a "neutral" rating and a $6.50 price target for the company. The firm has "Buy" rating given on Tuesday, November 8 by Benchmark. The stock of National CineMedia, Inc. The firm has "Market Perform" rating by FBR Capital given on Friday, May 5. Zacks downgraded the shares of CE in report on Tuesday, September 1 to "Buy" rating.

Wall Street await National CineMedia, Inc. Analysts expect next quarter's EPS will be $0.25 and the next full year EPS is projected to be $0.34. After $0.03 actual earnings per share reported by National CineMedia, Inc. for the previous quarter, Wall Street now forecasts 133.33% EPS growth.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER