AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP raised its stake in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 85.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,801,788 shares of the company's stock after buying an additional 1,290,376 shares during the quarter. Marshall Wace LLP owned about 0.75% of AMC Entertainment worth $11,151,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Virtu Financial LLC purchased a new position in AMC Entertainment in the 3rd quarter valued at approximately $893,000. Geode Capital Management LLC grew its stake in AMC Entertainment by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 8,047,182 shares of the company's stock worth $36,622,000 after purchasing an additional 866,757 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of AMC Entertainment by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 36,854,559 shares of the company's stock valued at $146,681,000 after purchasing an additional 1,558,554 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of AMC Entertainment during the 3rd quarter worth about $72,000. Finally, KBC Group NV boosted its position in shares of AMC Entertainment by 7,771.5% during the 4th quarter. KBC Group NV now owns 648,141 shares of the company's stock worth $2,580,000 after acquiring an additional 639,907 shares in the last quarter. 28.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Roth Mkm decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Roth Capital set a $3.25 price objective on AMC Entertainment in a report on Tuesday, February 4th. StockNews.com raised AMC Entertainment to a "sell" rating in a report on Saturday, February 22nd. Macquarie reaffirmed a "neutral" rating and issued a $4.00 target price on shares of AMC Entertainment in a report on Wednesday, February 26th. Finally, Citigroup reiterated a "sell" rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research report on Thursday. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $4.65.

AMC Entertainment Stock Performance

Shares of NYSE:AMC remained flat at $2.71 during midday trading on Friday. The stock had a trading volume of 5,401,077 shares, compared to its average volume of 23,095,140. The firm has a fifty day simple moving average of $2.97 and a 200 day simple moving average of $3.69. The company has a market capitalization of $1.17 billion, a PE ratio of -1.68 and a beta of 1.64. AMC Entertainment Holdings, Inc. has a fifty-two week low of $2.45 and a fifty-two week 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.