Marshall Wace LLP Boosts Stake in AMC Entertainment Holdings, Inc. (NYSE:AMC)

Marshall Wace LLP boosted its holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 85.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,801,788 shares of the company's stock after purchasing 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 and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of AMC Entertainment by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 36,854,559 shares of the company's stock valued at $146,681,000 after acquiring an additional 1,558,554 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in AMC Entertainment by 91.5% in the 4th quarter. JPMorgan Chase & Co. now owns 2,263,513 shares of the company's stock worth $9,009,000 after acquiring an additional 1,081,464 shares during the last quarter. Geode Capital Management LLC lifted its position in AMC Entertainment by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 8,047,182 shares of the company's stock valued at $36,622,000 after acquiring an additional 866,757 shares in the last quarter. KBC Group NV boosted its stake in AMC Entertainment by 7,771.5% during the 4th quarter. KBC Group NV now owns 648,141 shares of the company's stock valued at $2,580,000 after purchasing an additional 639,907 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of AMC Entertainment by 8.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,032,519 shares of the company's stock worth $16,049,000 after purchasing an additional 327,019 shares during the last quarter. Institutional investors own 28.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AMC shares. Roth Capital set a $3.25 price target on shares of AMC Entertainment in a research note on Tuesday, February 4th. Macquarie reissued a "neutral" rating and issued a $4.00 price objective on shares of AMC Entertainment in a report on Wednesday, February 26th. Citigroup reiterated a "sell" rating and set a $2.30 price target (down previously from $2.80) on shares of AMC Entertainment in a research note on Thursday. StockNews.com raised AMC Entertainment to a "sell" rating in a research report on Saturday, February 22nd. Finally, Benchmark reaffirmed a "hold" rating on shares of AMC Entertainment in a report on Monday, March 3rd. Three research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $4.65.

AMC Entertainment Price Performance

NYSE:AMC remained flat at $2.71 during midday trading on Friday. The company had a trading volume of 5,401,077 shares, compared to its average volume of 23,125,948. AMC Entertainment Holdings, Inc. has a one year low of $2.45 and a one year high of $11.88. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of -1.68 and a beta of 1.64. The firm has a 50-day moving average price of $2.97 and a two-hundred day moving average price of $3.68.

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.