Swiss National Bank Raises Holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC)

Swiss National Bank boosted its position in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 27.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 732,491 shares of the company's stock after buying an additional 155,500 shares during the period. Swiss National Bank owned approximately 0.19% of AMC Entertainment worth $2,915,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of AMC Entertainment by 153.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,705,500 shares of the company's stock valued at $16,860,000 after acquiring an additional 2,243,052 shares during the period. JPMorgan Chase & Co. increased its stake in AMC Entertainment by 431.5% in the third quarter. JPMorgan Chase & Co. now owns 1,182,049 shares of the company's stock valued at $5,378,000 after purchasing an additional 959,642 shares in the last quarter. State Street Corp raised its holdings 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 valued at $33,458,000 after purchasing an additional 936,618 shares during the period. Geode Capital Management LLC boosted its position in shares of 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. Finally, KBC Group NV grew its stake in shares of AMC Entertainment by 7,771.5% in the 4th quarter. KBC Group NV now owns 648,141 shares of the company's stock valued at $2,580,000 after buying an additional 639,907 shares during the period. Institutional investors own 28.80% of the company's stock.

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AMC Entertainment Trading Down 2.9 %

Shares of AMC traded down $0.09 during trading hours on Friday, reaching $2.88. 6,539,118 shares of the stock traded hands, compared to its average volume of 23,938,028. AMC Entertainment Holdings, Inc. has a 52 week low of $2.38 and a 52 week high of $11.88. The company has a market cap of $1.24 billion, a price-to-earnings ratio of -1.79 and a beta of 1.91. The stock has a fifty day simple moving average of $3.20 and a 200 day simple moving average of $3.95.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMC. Roth Mkm raised 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. Benchmark reaffirmed a "hold" rating on shares of AMC Entertainment in a research report on Monday, March 3rd. Macquarie reissued a "neutral" rating and issued a $4.00 price target on shares of AMC Entertainment in a research report on Wednesday, February 26th. Citigroup lowered their price objective on shares of AMC Entertainment from $2.90 to $2.80 and set a "sell" rating on the stock in a report on Friday, March 7th. Finally, StockNews.com upgraded shares of AMC Entertainment to a "sell" rating in a report on Saturday, February 22nd. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat.com, AMC Entertainment has an average rating of "Hold" and a consensus target price of $4.76.

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.