National CineMedia Inc. (NASDAQ:NCMI) shares fell 0.5% during mid-day trading on Monday . The company traded as low as $14.64 and last traded at $14.73, with a volume of 61,459 shares changing hands. The stock had previously closed at $14.81.

A number of research firms have issued reports on NCMI. B. Riley reissued a “buy” rating and set a $20.00 target price on shares of National CineMedia in a research note on Thursday, August 4th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a $21.00 price target on shares of National CineMedia in a research note on Sunday, June 12th. Zacks Investment Research raised shares of National CineMedia from a “sell” rating to a “hold” rating in a research note on Wednesday, July 13th. FBR & Co reduced their price target on shares of National CineMedia from $18.50 to $17.00 and set an “outperform” rating for the company in a research note on Tuesday, August 9th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $17.50 price target (down from $19.00) on shares of National CineMedia in a research note on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $17.56.

The company has a 50 day moving average price of $15.54 and a 200-day moving average price of $14.87. The firm has a market cap of $879.59 million and a price-to-earnings ratio of 52.88.

National CineMedia (NASDAQ:NCMI) last announced its earnings results on Monday, August 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $115.40 million for the quarter, compared to analyst estimates of $115.52 million. During the same period in the prior year, the business earned $0.17 EPS. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. Analysts predict that National CineMedia Inc. will post $0.40 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Thursday, August 25th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Tuesday, August 23rd.

A hedge fund recently raised its stake in National CineMedia stock. Bank of Montreal Can boosted its position in National CineMedia Inc. (NASDAQ:NCMI) by 12.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 675,597 shares of the company’s stock after buying an additional 75,630 shares during the period. Bank of Montreal Can owned 1.14% of National CineMedia worth $10,613,000 as of its most recent filing with the SEC.

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

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