National CineMedia Inc. (NASDAQ:NCMI) COO Alfonso P. Rosabal, Jr. sold 2,615 shares of National CineMedia stock in a transaction on Friday, November 25th. The stock was sold at an average price of $16.01, for a total value of $41,866.15. Following the transaction, the chief operating officer now owns 177,697 shares in the company, valued at approximately $2,844,928.97. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

National CineMedia Inc. (NASDAQ:NCMI) opened at 15.60 on Wednesday. The firm has a market capitalization of $933.71 million, a P/E ratio of 53.98 and a beta of 0.87. National CineMedia Inc. has a 12 month low of $13.37 and a 12 month high of $16.33. The stock’s 50 day moving average price is $14.48 and its 200-day moving average price is $14.85.

National CineMedia (NASDAQ:NCMI) last posted its quarterly earnings data on Monday, November 7th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $113.50 million for the quarter, compared to analyst estimates of $114.52 million. National CineMedia had a negative return on equity of 13.70% and a net margin of 3.92%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 earnings per share. On average, analysts forecast that National CineMedia Inc. will post $0.42 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date is Wednesday, November 16th. National CineMedia’s payout ratio is currently 314.30%.

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Several hedge funds have recently bought and sold shares of NCMI. Swiss National Bank raised its stake in National CineMedia by 3.8% in the second quarter. Swiss National Bank now owns 100,400 shares of the company’s stock worth $1,554,000 after buying an additional 3,700 shares during the last quarter. Macquarie Group Ltd. increased its position in National CineMedia by 27.1% in the second quarter. Macquarie Group Ltd. now owns 984,936 shares of the company’s stock valued at $15,247,000 after buying an additional 210,246 shares during the period. Quantitative Systematic Strategies LLC increased its position in National CineMedia by 17.0% in the second quarter. Quantitative Systematic Strategies LLC now owns 11,708 shares of the company’s stock valued at $174,000 after buying an additional 1,699 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in National CineMedia during the second quarter valued at $466,000. Finally, Elk Creek Partners LLC increased its position in National CineMedia by 6.0% in the second quarter. Elk Creek Partners LLC now owns 961,163 shares of the company’s stock valued at $14,879,000 after buying an additional 53,984 shares during the period. 92.45% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently issued reports on NCMI shares. B. Riley restated a “buy” rating and issued a $18.75 price objective on shares of National CineMedia in a report on Tuesday, November 8th. FBR & Co reduced their price objective on shares of National CineMedia from $18.50 to $17.00 and set an “outperform” rating on the stock in a report on Tuesday, August 9th. Benchmark Co. boosted their price objective on shares of National CineMedia from $17.81 to $18.08 and gave the company a “buy” rating in a report on Tuesday, November 8th. Zacks Investment Research lowered shares of National CineMedia from a “hold” rating to a “sell” rating in a report on Thursday, August 11th. Finally, Wedbush restated an “outperform” rating and issued a $17.50 price objective (down from $19.00) on shares of National CineMedia in a report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $18.06.

About National CineMedia

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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