Cinemark Holdings Inc (CNK) Shares Bought by Aperio Group LLC
Aperio Group LLC grew its stake in Cinemark Holdings Inc (NYSE:CNK) by 34.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,818 shares of the company’s stock after acquiring an additional 10,905 shares during the period. Aperio Group LLC’s holdings in Cinemark Holdings were worth $1,550,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisor Group Inc. raised its stake in shares of Cinemark Holdings by 2.3% in the second quarter. Advisor Group Inc. now owns 3,767 shares of the company’s stock worth $145,000 after acquiring an additional 84 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Cinemark Holdings in the second quarter worth about $146,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Cinemark Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,792 shares of the company’s stock worth $147,000 after acquiring an additional 330 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of Cinemark Holdings by 224.8% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,752 shares of the company’s stock worth $185,000 after buying an additional 3,289 shares during the period. Finally, Smithfield Trust Co. grew its position in shares of Cinemark Holdings by 1.5% during the 2nd quarter. Smithfield Trust Co. now owns 5,730 shares of the company’s stock worth $223,000 after buying an additional 87 shares during the period. 92.61% of the stock is owned by institutional investors.
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CNK has been the subject of several analyst reports. Royal Bank Of Canada set a $43.00 price target on shares of Cinemark Holdings and gave the stock a “hold” rating in a research report on Sunday, September 10th. ValuEngine cut shares of Cinemark Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of Cinemark Holdings from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. Morgan Stanley upgraded shares of Cinemark Holdings from an “underweight” rating to an “equal weight” rating and set a $38.00 price target for the company in a research report on Thursday, October 5th. Finally, MKM Partners reiterated a “buy” rating and set a $46.00 price target on shares of Cinemark Holdings in a research report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $42.31.
In other news, CEO Mark Zoradi acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was purchased at an average price of $32.19 per share, for a total transaction of $160,950.00. Following the completion of the acquisition, the chief executive officer now owns 172,456 shares in the company, valued at $5,551,358.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.20% of the stock is currently owned by insiders.
Cinemark Holdings Inc (NYSE CNK) opened at $33.74 on Thursday. The stock has a market cap of $3,993.65, a P/E ratio of 16.41, a P/E/G ratio of 1.13 and a beta of 1.18. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.46 and a current ratio of 1.50. Cinemark Holdings Inc has a 1-year low of $32.03 and a 1-year high of $44.84.
Cinemark Holdings (NYSE:CNK) last issued its quarterly earnings data on Friday, November 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.02). The firm had revenue of $710.70 million for the quarter, compared to analyst estimates of $702.60 million. Cinemark Holdings had a net margin of 8.36% and a return on equity of 18.43%. The firm’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.56 EPS. equities analysts forecast that Cinemark Holdings Inc will post 2.02 EPS for the current year.
Cinemark Holdings Company Profile
Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.
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