AMC Entertainment Holdings Inc. (NYSE:AMC) dropped 0% during mid-day trading on Friday . The stock traded as low as $27.50 and last traded at $27.59, with a volume of 138,509 shares. The stock had previously closed at $27.59.

AMC has been the topic of several recent research reports. B. Riley cut shares of AMC Entertainment Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $38.25 to $34.75 in a research note on Wednesday, March 30th. Credit Suisse Group AG boosted their price target on shares of AMC Entertainment Holdings from $32.00 to $34.00 and gave the company an “outperform” rating in a research report on Tuesday, March 15th. TheStreet raised shares of AMC Entertainment Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, March 30th. Topeka Capital Markets boosted their price target on shares of AMC Entertainment Holdings from $25.00 to $27.00 and gave the company a “hold” rating in a research report on Wednesday, April 6th. Finally, Wedbush reissued an “outperform” rating and set a $33.00 price target on shares of AMC Entertainment Holdings in a research report on Monday, April 4th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $31.52.

The company has a market cap of $2.68 billion and a PE ratio of 21.47. The stock’s 50 day moving average is $27.66 and its 200 day moving average is $25.96.

AMC Entertainment Holdings (NYSE:AMC) last released its quarterly earnings data on Friday, April 29th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.08. The business earned $766 million during the quarter, compared to analysts’ expectations of $769.30 million. The company’s revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS. Equities research analysts predict that AMC Entertainment Holdings Inc. will post $1.26 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Monday, June 6th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend was Thursday, June 2nd.

A number of hedge funds and institutional investors have added to or reduced their stakes in the company. Marshall Wace LLP acquired a new position in AMC Entertainment Holdings during the fourth quarter valued at about $1,102,000. Neuberger Berman Group LLC boosted its position in AMC Entertainment Holdings by 2.2% in the fourth quarter. Neuberger Berman Group LLC now owns 169,237 shares of the company’s stock valued at $4,062,000 after buying an additional 3,675 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in AMC Entertainment Holdings by 66.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 537,502 shares of the company’s stock valued at $12,900,000 after buying an additional 214,344 shares during the last quarter. Fiduciary Management Associates LLC boosted its position in AMC Entertainment Holdings by 22.3% in the fourth quarter. Fiduciary Management Associates LLC now owns 763,274 shares of the company’s stock valued at $18,321,000 after buying an additional 139,095 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in AMC Entertainment Holdings by 158.6% in the fourth quarter. Schroder Investment Management Group now owns 788,400 shares of the company’s stock valued at $18,922,000 after buying an additional 483,500 shares during the last quarter.

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE) and American Multi-Cinema, Inc (OpCo), is engaged in the theatrical exhibition business. The Company owns, operates or holds interests in approximately 380 theatres with a total of over 5,260 screens, which are located in the United States.

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