Gulf International Bank UK Ltd has purchased a new equity position in AMC Entertainment Holdings, Inc. (NYSE:AMC) Q3, according to its most recent disclosure to the Securities and Exchange Commission (SEC). The institutional investor bought 19,470 shares of the company, valued at approximately $741,000.

Several other hedge budgets have also recently replaced their positions in the business. Metropolitan Life Insurance Co NY increased its holding in AMC Entertainment stock to 110,075. 0% in the second quarter. Metropolitan Life Insurance Co NY now owns 110,175 shares with a corporate value of $6,245,000 after purchasing another 110,075 shares last quarter. BNP Paribas Arbitrage SA increased its stake in AMC Entertainment to 2. 2% in the current quarter. BNP Paribas Arbitrage SA now owns 284,995 shares of the company valued at $16,154,000 after buying another 6,085 shares last quarter. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in AMC Entertainment in the third quarter for approximately $1,108,000. Deutsche Bank AG improved its position in AMC Entertainment to 125. 0% in the third quarter. Deutsche Bank AG now owns 724,491 shares with a corporate value of $27,574,000 after buying another 402,477 shares last quarter. Finally, Prosperity Planning Inc. improved its position in AMC Entertainment to 3. 5% in the third quarter. Prosperity Planning Inc. now owns 92,318 shares with a corporate value of $3,514,000 after buying another 3,139 shares last quarter. Hedge Budget and other institutional investors own 31. 41% of the company’s shares.

Several study analysts have recently evaluated AMC’s inventories. Wedbush downgraded AMC Entertainment’s rating from a “neutral” score to a “underperformance” score and raised its target value for inventory from $5. 44 to $7. 50 in a report on Thursday, Nov. 4. Zacks Investment Research downgraded AMC Entertainment’s stock from a “hold” score to a “sell” score in a study note on Tuesday, Jan. 11. “sell” in a study report on Wednesday, November 17. Seven analysts from equity studies rated inventory with a sales score and one gave a retention score to the company’s inventory. Based on MarketBeat. com’s knowledge, AMC Entertainment lately has an average “Sell” score and a consensus target value of $12. 08.

Shares of AMC Entertainment opened at $20. 57 on Friday. AMC Entertainment Holdings, Inc. has a 12-month minimum of $2. 18 and a 12-month maximum of $72. 62. The company’s 50-day average moving value is $31. 14 and its two-hundred-day average moving value is $36. 96.

AMC Entertainment (NYSE:AMC) last reported quarterly results on Monday, November 8. The company reported EPS earnings ($0. 44) for the quarter, beating analyst consensus estimates of ($0. 53) of $0. 09. The company posted earnings of $763. 20 million for the quarter, with $742. 15 million expected through analysts. The company’s profit increased 538. 7% year over year. During the same constant period last year, the company made ($5. 70) profit consistent with the constant percentage. AMC Entertainment Holdings, Inc. is expected to show -2. 68 EPS for the existing monetary year.

In addition, CEO Adam M. Aron sold 625,000 shares in a transaction dated Tuesday, November 9. The shares were sold at an average value of $40. 53, for a total transaction of $25,331,250. 00. The sale was revealed in an SEC filing, available through the SEC’s website. In addition, Senior Vice President Kevin M. Connor sold 25,000 shares of the company in a transaction dated Friday, November 5. it can be discovered here. Insiders sold 1,801,654 shares of the company valued at $59,728,634 in the last quarter. Insiders of the company owns 0. 58% of the company’s shares.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc. conducts theatrical exhibition activities through its subsidiaries. It operates in the U. S. market segments. and from the outside. The U. S. segmentit becomes active in the USA, in New York, Los Angeles, Chicago, Atlanta and Washington, DC.

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