OxFORD Asset Management LLP Has $2.54 Million Holdings in AMC Entertainment Holdings Inc (AMC)

OxFORD Asset Management LLP raised its position in AMC Entertainment Holdings Inc (NYSE:AMC) by 12.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 169,402 shares of the company’s stock after purchasing an additional 18,283 shares during the quarter. OxFORD Asset Management LLP owned about 0.13% of AMC Entertainment worth $2,541,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in AMC. Schroder Investment Management Group boosted its holdings in shares of AMC Entertainment by 409.9% in the second quarter. Schroder Investment Management Group now owns 3,867,048 shares of the company’s stock valued at $91,456,000 after acquiring an additional 3,108,645 shares in the last quarter. Janus Henderson Group PLC bought a new position in shares of AMC Entertainment in the second quarter valued at approximately $63,789,000. Dimensional Fund Advisors LP boosted its holdings in shares of AMC Entertainment by 3.1% in the third quarter. Dimensional Fund Advisors LP now owns 2,091,618 shares of the company’s stock valued at $30,747,000 after acquiring an additional 63,316 shares in the last quarter. GMT Capital Corp boosted its holdings in shares of AMC Entertainment by 508.6% in the third quarter. GMT Capital Corp now owns 1,954,804 shares of the company’s stock valued at $28,736,000 after acquiring an additional 1,633,604 shares in the last quarter. Finally, Canyon Capital Advisors LLC bought a new position in shares of AMC Entertainment in the second quarter valued at approximately $44,363,000. Institutional investors own 48.60% of the company’s stock.

AMC has been the subject of several recent analyst reports. Barclays set a $16.00 price objective on shares of AMC Entertainment and gave the company a “hold” rating in a report on Tuesday, August 29th. Zacks Investment Research upgraded shares of AMC Entertainment from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, October 17th. Citigroup reiterated a “buy” rating and issued a $21.00 price objective (down from $30.00) on shares of AMC Entertainment in a report on Monday, September 11th. Wedbush set a $21.00 target price on shares of AMC Entertainment and gave the stock a “buy” rating in a report on Wednesday, November 1st. Finally, B. Riley restated a “buy” rating and set a $30.00 target price (down from $30.50) on shares of AMC Entertainment in a report on Tuesday, November 7th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. AMC Entertainment currently has an average rating of “Hold” and a consensus target price of $25.78.

In other news, CEO Adam M. Aron bought 35,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were purchased at an average price of $15.79 per share, for a total transaction of $552,650.00. Following the acquisition, the chief executive officer now directly owns 125,426 shares of the company’s stock, valued at approximately $1,980,476.54. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder American Multi-Cinema, Inc. sold 12,000,000 shares of AMC Entertainment stock in a transaction on Monday, September 18th. The stock was sold at an average price of $6.09, for a total transaction of $73,080,000.00. The disclosure for this sale can be found here. 0.80% of the stock is currently owned by company insiders.

Shares of AMC Entertainment Holdings Inc (NYSE AMC) opened at $15.25 on Tuesday. AMC Entertainment Holdings Inc has a 12-month low of $10.80 and a 12-month high of $35.50. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.53 and a quick ratio of 0.53.

AMC Entertainment (NYSE:AMC) last released its earnings results on Monday, November 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.04). AMC Entertainment had a negative return on equity of 6.20% and a negative net margin of 3.87%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the company earned $0.31 EPS. The firm’s quarterly revenue was up 51.2% compared to the same quarter last year. equities research analysts expect that AMC Entertainment Holdings Inc will post -1.28 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Monday, December 4th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.25%. AMC Entertainment’s dividend payout ratio is currently -62.50%.

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AMC Entertainment Company Profile

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.

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

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