Capital Fund Management S.A. Sells 841,056 Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC)

Capital Fund Management S.A. cut its position in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 34.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,623,005 shares of the company's stock after selling 841,056 shares during the quarter. Capital Fund Management S.A. owned 0.43% of AMC Entertainment worth $6,460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in AMC Entertainment by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 36,854,559 shares of the company's stock worth $146,681,000 after acquiring an additional 1,558,554 shares in the last quarter. Geode Capital Management LLC boosted its position in AMC Entertainment by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 8,271,059 shares of the company's stock valued at $32,927,000 after buying an additional 223,877 shares in the last quarter. State Street Corp grew its stake in shares of AMC Entertainment by 14.6% during the third quarter. State Street Corp now owns 7,353,442 shares of the company's stock worth $33,458,000 after buying an additional 936,618 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of AMC Entertainment by 8.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,032,519 shares of the company's stock valued at $16,049,000 after acquiring an additional 327,019 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of AMC Entertainment by 91.5% during the 4th quarter. JPMorgan Chase & Co. now owns 2,263,513 shares of the company's stock valued at $9,009,000 after acquiring an additional 1,081,464 shares in the last quarter. Institutional investors own 28.80% of the company's stock.

AMC Entertainment Stock Down 0.4 %

AMC traded down $0.01 during trading on Friday, reaching $2.79. 5,674,221 shares of the stock traded hands, compared to its average volume of 23,321,358. The stock's 50-day moving average is $3.06 and its 200 day moving average is $3.76. AMC Entertainment Holdings, Inc. has a 12 month low of $2.45 and a 12 month high of $11.88. The stock has a market capitalization of $1.20 billion, a PE ratio of -1.73 and a beta of 1.64.

Wall Street Analyst Weigh In

AMC has been the subject of a number of recent research reports. Citigroup lowered their target price on AMC Entertainment from $2.90 to $2.80 and set a "sell" rating for the company in a report on Friday, March 7th. Roth Capital set a $3.25 price objective on AMC Entertainment in a research note on Tuesday, February 4th. Macquarie reiterated a "neutral" rating and set a $4.00 target price on shares of AMC Entertainment in a research report on Wednesday, February 26th. Roth Mkm decreased their price target on shares of AMC Entertainment from $3.25 to $3.00 and set a "neutral" rating for the company in a research report on Wednesday. Finally, StockNews.com upgraded shares of AMC Entertainment to a "sell" rating in a report on Saturday, February 22nd. Three analysts have rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $4.72.

AMC Entertainment 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.