Cinemark Holdings Inc. (NYSE:CNK) shares saw an uptick in trading volume on Thursday . 705,142 shares changed hands during trading, a decline of 6% from the previous session’s volume of 750,071 shares.The stock last traded at $37.50 and had previously closed at $37.18.

Several brokerages have recently weighed in on CNK. Wedbush reiterated a “neutral” rating and set a $40.00 target price on shares of Cinemark Holdings in a research report on Friday. B. Riley downgraded shares of Cinemark Holdings from a “buy” rating to a “neutral” rating and cut their price target for the company from $46.25 to $41.75 in a report on Wednesday, March 30th. FBR & Co lifted their price target on shares of Cinemark Holdings from $40.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, May 11th. Zacks Investment Research downgraded shares of Cinemark Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th. Finally, MKM Partners lifted their price target on shares of Cinemark Holdings from $37.00 to $40.00 and gave the company a “buy” rating in a report on Monday, April 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $39.95.

The company has a market cap of $4.35 billion and a P/E ratio of 18.83. The firm’s 50 day moving average price is $35.10 and its 200-day moving average price is $33.62.

Cinemark Holdings (NYSE:CNK) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.03. The company had revenue of $704.90 million for the quarter, compared to the consensus estimate of $698.06 million. The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 earnings per share. Analysts anticipate that Cinemark Holdings Inc. will post $1.98 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 8th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 2.87%. The ex-dividend date was Monday, June 6th.

In other news, insider Valmir Fernandes sold 17,983 shares of the company’s stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $35.78, for a total transaction of $643,431.74. Following the sale, the insider now directly owns 79,645 shares in the company, valued at $2,849,698.10. The sale was disclosed in a document filed with the SEC, which is available at this link.

Several large investors recently made changes to their positions in CNK. First Trust Advisors LP boosted its stake in shares of Cinemark Holdings by 177.4% in the fourth quarter. First Trust Advisors LP now owns 98,237 shares of the company’s stock valued at $3,284,000 after buying an additional 62,824 shares in the last quarter. Hodges Capital Management Inc. boosted its stake in shares of Cinemark Holdings by 4.8% in the fourth quarter. Hodges Capital Management Inc. now owns 1,175,926 shares of the company’s stock valued at $39,311,000 after buying an additional 53,600 shares in the last quarter. Pear Tree Advisors Inc. bought a new stake in shares of Cinemark Holdings during the fourth quarter valued at $1,611,000. Liberty Mutual Group Asset Management Inc. boosted its stake in shares of Cinemark Holdings by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 67,998 shares of the company’s stock valued at $2,272,000 after buying an additional 23,070 shares in the last quarter. Finally, Trexquant Investment LP boosted its stake in shares of Cinemark Holdings by 26.3% in the fourth quarter. Trexquant Investment LP now owns 79,698 shares of the company’s stock valued at $2,664,000 after buying an additional 16,585 shares in the last quarter.

Cinemark Holdings, Inc (Cinemark) is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Curacao and Bolivia. The Company manages its business in two segments: United States markets and international markets.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.