AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC grew its position in shares of AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 9,834.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 264,257 shares of the company's stock after purchasing an additional 261,597 shares during the quarter. Advisory Services Network LLC owned approximately 0.07% of AMC Entertainment worth $1,052,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AMC. Legal & General Group Plc lifted its holdings in AMC Entertainment by 20.0% in the 4th quarter. Legal & General Group Plc now owns 414,007 shares of the company's stock worth $1,648,000 after buying an additional 69,022 shares during the period. Invesco Ltd. lifted its position in shares of AMC Entertainment by 1.3% in the 4th quarter. Invesco Ltd. now owns 777,765 shares of the company's stock worth $3,096,000 after purchasing an additional 10,337 shares during the period. Polymer Capital Management US LLC bought a new stake in shares of AMC Entertainment during the 4th quarter valued at about $359,000. Cerity Partners LLC bought a new position in AMC Entertainment in the fourth quarter worth about $284,000. Finally, Wells Fargo & Company MN grew its holdings in shares of AMC Entertainment by 31.6% during the 4th quarter. Wells Fargo & Company MN now owns 206,528 shares of the company's stock worth $822,000 after acquiring an additional 49,545 shares during the period. 28.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMC shares. Citigroup reduced their price target on shares of AMC Entertainment from $2.90 to $2.80 and set a "sell" rating for the company in a research report on Friday, March 7th. Macquarie restated a "neutral" rating and set a $4.00 target price on shares of AMC Entertainment in a research note on Wednesday, February 26th. Roth Capital set a $3.25 target price on AMC Entertainment in a report on Tuesday, February 4th. Roth Mkm reduced their price objective on shares of AMC Entertainment from $3.25 to $3.00 and set a "neutral" rating for the company in a research note on Wednesday. Finally, Benchmark reiterated a "hold" rating on shares of AMC Entertainment in a research note on Monday, March 3rd. Three analysts have rated the stock with a sell rating and six have issued a hold rating to the company's stock. Based on data from MarketBeat.com, AMC Entertainment currently has an average rating of "Hold" and a consensus price target of $4.72.

AMC Entertainment Stock Down 0.4 %

AMC Entertainment stock traded down $0.01 during midday trading on Friday, reaching $2.79. The stock had a trading volume of 5,674,221 shares, compared to its average volume of 23,321,358. AMC Entertainment Holdings, Inc. has a 52-week low of $2.45 and a 52-week high of $11.88. The company has a fifty day moving average of $3.06 and a 200 day moving average of $3.76. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -1.73 and a beta of 1.64.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.