Charles Schwab Investment Management Inc. Increases Stock Holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC)

Charles Schwab Investment Management Inc. raised its stake in shares of AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,032,519 shares of the company's stock after purchasing an additional 327,019 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.07% of AMC Entertainment worth $16,049,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMC. KBC Group NV bought a new stake in shares of AMC Entertainment during the third quarter valued at approximately $37,000. Traphagen Investment Advisors LLC bought a new stake in shares of AMC Entertainment during the 4th quarter valued at $64,000. Sanctuary Advisors LLC purchased a new stake in shares of AMC Entertainment in the 3rd quarter worth about $72,000. Meridian Wealth Management LLC increased its stake in shares of AMC Entertainment by 61.4% in the 4th quarter. Meridian Wealth Management LLC now owns 25,254 shares of the company's stock worth $101,000 after acquiring an additional 9,605 shares in the last quarter. Finally, FORA Capital LLC purchased a new position in AMC Entertainment during the 3rd quarter valued at about $182,000. 28.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. StockNews.com raised shares of AMC Entertainment to a "sell" rating in a research note on Saturday, February 22nd. Citigroup lowered their price objective on AMC Entertainment from $2.90 to $2.80 and set a "sell" rating for the company in a research note on Friday, March 7th. Roth Capital set a $3.25 target price on AMC Entertainment in a research note on Tuesday, February 4th. Roth Mkm upgraded shares of AMC Entertainment from a "sell" rating to a "neutral" rating and dropped their price target for the stock from $4.00 to $3.25 in a research note on Tuesday, February 4th. Finally, Benchmark restated a "hold" rating on shares of AMC Entertainment in a research note on Monday, March 3rd. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, AMC Entertainment presently has an average rating of "Hold" and an average target price of $4.76.

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AMC Entertainment Stock Performance

Shares of AMC traded up $0.04 during mid-day trading on Monday, hitting $3.08. 8,125,406 shares of the company traded hands, compared to its average volume of 23,850,745. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of -1.91 and a beta of 1.91. The stock has a 50-day moving average price of $3.25 and a two-hundred day moving average price of $4.02. AMC Entertainment Holdings, Inc. has a 1 year low of $2.38 and a 1 year high of $11.88.

About AMC Entertainment

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.