136,441 Shares in National CineMedia, Inc. $NCMI Acquired by Nuveen LLC

Key Points

• Nuveen LLC acquired 136,441 shares of National CineMedia, Inc. for approximately $797,000, marking a new stake for the fund in the business services provider.
• Analysts have lowered their rating and target prices on NCMI shares, with estimates now ranging from a low of $6.00 to a high of $8.00, reflecting a shift in market sentiment.
• National CineMedia's recent earnings report indicated that while revenue met expectations at $51.80 million, the company recorded a negative net margin of 8.62% and had a dividend payout ratio of -57.14%.

Nuveen LLC bought a new stake in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 136,441 shares of the business services provider's stock, valued at approximately $797,000. Nuveen LLC owned 0.14% of National CineMedia at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in NCMI. Sycale Advisors NY LLC acquired a new position in shares of National CineMedia in the 4th quarter valued at $14,147,000. Hudson Bay Capital Management LP acquired a new position in shares of National CineMedia in the 4th quarter valued at $4,546,000. Vanguard Group Inc. lifted its stake in shares of National CineMedia by 5.6% in the 1st quarter. Vanguard Group Inc. now owns 4,358,287 shares of the business services provider's stock valued at $25,452,000 after purchasing an additional 232,702 shares during the period. Panoramic Capital LLC acquired a new position in shares of National CineMedia in the 4th quarter valued at $1,247,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of National CineMedia by 126.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 273,711 shares of the business services provider's stock valued at $1,817,000 after purchasing an additional 152,777 shares during the period. 69.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NCMI has been the subject of several analyst reports. Benchmark decreased their target price on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Wednesday, June 25th. B. Riley cut shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 target price for the company. in a research note on Friday, May 16th. Wall Street Zen cut shares of National CineMedia from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Finally, Wedbush set a $7.00 price objective on shares of National CineMedia and gave the stock an "outperform" rating in a research report on Monday, August 4th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $6.90.

National CineMedia Stock Up 2.3%

Shares of NASDAQ NCMI opened at $4.49 on Wednesday. The firm has a 50-day simple moving average of $4.68 and a 200-day simple moving average of $5.34. The stock has a market capitalization of $420.76 million, a price-to-earnings ratio of -21.38 and a beta of 1.97. National CineMedia, Inc. has a 52 week low of $4.12 and a 52 week high of $7.60.

National CineMedia (NASDAQ:NCMI - Get Free Report) last issued its earnings results on Tuesday, August 5th. The business services provider reported ($0.11) EPS for the quarter, meeting analysts' consensus estimates of ($0.11). The business had revenue of $51.80 million during the quarter, compared to analysts' expectations of $59.45 million. National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. National CineMedia has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that National CineMedia, Inc. will post -0.12 EPS for the current year.

National CineMedia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, August 15th. National CineMedia's dividend payout ratio is -57.14%.

Insider Activity at National CineMedia

In other news, EVP Maria Vg Woods sold 9,038 shares of the stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $4.82, for a total value of $43,563.16. Following the completion of the sale, the executive vice president directly owned 111,246 shares in the company, valued at $536,205.72. This represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.40% of the stock is owned by company insiders.

National CineMedia Profile

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.

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