AMC Entertainment Holdings Inc. (NYSE:AMC) saw unusually-strong trading volume on Wednesday . Approximately 231,218 shares changed hands during mid-day trading, an increase of 16% from the previous session’s volume of 198,589 shares.The stock last traded at $30.74 and had previously closed at $29.80.

Several research analysts have issued reports on AMC shares. B. Riley cut AMC Entertainment Holdings from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $38.25 to $34.75 in a research report on Wednesday, March 30th. Wedbush reiterated an “outperform” rating and issued a $33.00 price objective on shares of AMC Entertainment Holdings in a research report on Monday, April 4th. Credit Suisse Group AG started coverage on AMC Entertainment Holdings in a research report on Monday, June 13th. They issued an “outperform” rating and a $34.00 price objective for the company. TheStreet upgraded AMC Entertainment Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, March 30th. Finally, Topeka Capital Markets increased their price objective on AMC Entertainment Holdings from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Wednesday, April 6th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. AMC Entertainment Holdings has an average rating of “Buy” and an average target price of $31.73.

The company’s 50 day moving average price is $27.75 and its 200-day moving average price is $26.09. The company has a market cap of $2.98 billion and a price-to-earnings ratio of 23.84.

AMC Entertainment Holdings (NYSE:AMC) last announced its quarterly earnings results on Friday, April 29th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.08. The business had revenue of $766 million for the quarter, compared to analyst estimates of $769.30 million. The company’s revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.06 EPS. On average, equities research analysts expect that AMC Entertainment Holdings Inc. will post $1.23 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Monday, June 6th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, June 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 2.61%.

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

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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