Cinemark Holdings Inc. (NYSE:CNK) shares traded down 1.5% during trading on Tuesday . The stock traded as low as $38.07 and last traded at $38.54, with a volume of 669,946 shares traded. The stock had previously closed at $39.14.

Several research analysts have recently commented on the company. MKM Partners raised their price objective on Cinemark Holdings from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday. Wedbush reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of Cinemark Holdings in a research note on Friday, July 15th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Cinemark Holdings in a research note on Sunday, July 10th. Drexel Hamilton reaffirmed a “buy” rating on shares of Cinemark Holdings in a research note on Thursday, July 7th. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating and issued a $33.00 price objective on shares of Cinemark Holdings in a research note on Sunday, June 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $40.14.

The company has a market capitalization of $4.43 billion and a PE ratio of 19.17. The company has a 50-day moving average price of $35.55 and a 200 day moving average price of $33.90.

Cinemark Holdings (NYSE:CNK) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.03. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The company had revenue of $704.90 million for the quarter, compared to analyst estimates of $698.06 million. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, equities analysts forecast that Cinemark Holdings Inc. will post $1.97 earnings per share for the current year.

In other Cinemark Holdings news, insider Valmir Fernandes sold 28,679 shares of the business’s stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $35.25, for a total value of $1,010,934.75. Following the completion of the transaction, the insider now directly owns 112,507 shares in the company, valued at approximately $3,965,871.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of hedge funds and institutional investors have modified their holdings of CNK. Nicholas Co. Inc. WI increased its position in shares of Cinemark Holdings by 2.1% in the fourth quarter. Nicholas Co. Inc. WI now owns 497,595 shares of the company’s stock valued at $16,634,000 after buying an additional 10,000 shares during the period. Pear Tree Advisors Inc. acquired a new position in shares of Cinemark Holdings during the fourth quarter valued at $1,611,000. Trexquant Investment LP increased its position 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 during the period. Hodges Capital Management Inc. increased its position 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 during the period. Finally, Polaris Capital Management LLC increased its position in shares of Cinemark Holdings by 11.6% in the fourth quarter. Polaris Capital Management LLC now owns 48,191 shares of the company’s stock valued at $1,611,000 after buying an additional 5,000 shares during the period.

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.

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