Jefferies Financial Group Inc. Buys 70,814 Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC)

Jefferies Financial Group Inc. boosted its holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 107.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 136,514 shares of the company's stock after acquiring an additional 70,814 shares during the quarter. Jefferies Financial Group Inc.'s holdings in AMC Entertainment were worth $543,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMC. Vanguard Group Inc. grew its holdings in AMC Entertainment by 4.4% in the fourth 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 during the last quarter. Marshall Wace LLP lifted its position in AMC Entertainment by 85.4% during the fourth quarter. Marshall Wace LLP now owns 2,801,788 shares of the company's stock worth $11,151,000 after buying an additional 1,290,376 shares during the period. JPMorgan Chase & Co. boosted its position in shares of AMC Entertainment by 91.5% in the fourth 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. Balyasny Asset Management L.P. purchased a new stake in shares of AMC Entertainment during the 4th quarter valued at $3,646,000. Finally, KBC Group NV increased its stake in AMC Entertainment by 7,771.5% during the fourth 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 during the last quarter. Institutional investors and hedge funds own 28.80% of the company's stock.

Analyst Upgrades and Downgrades

AMC has been the topic of a number of research reports. B. Riley assumed coverage on shares of AMC Entertainment in a research note on Friday, May 16th. They issued a "neutral" rating and a $3.00 target price on the stock. Wall Street Zen upgraded shares of AMC Entertainment to a "sell" rating in a research note on Saturday, February 22nd. Citigroup reiterated a "sell" rating and issued a $2.60 price target (up from $2.30) on shares of AMC Entertainment in a report on Thursday. Macquarie reiterated a "neutral" rating and set a $4.00 price objective on shares of AMC Entertainment in a research note on Wednesday, February 26th. Finally, Roth Capital set a $3.25 price target on shares of AMC Entertainment in a report on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $4.26.

AMC Entertainment Price Performance

AMC stock traded down $0.12 on Monday, reaching $3.45. 9,827,009 shares of the company were exchanged, compared to its average volume of 14,650,288. The stock's fifty day moving average price is $2.88 and its 200 day moving average price is $3.44. AMC Entertainment Holdings, Inc. has a 12 month low of $2.45 and a 12 month high of $5.96. The firm has a market capitalization of $1.49 billion, a PE ratio of -2.14 and a beta of 1.41.

AMC Entertainment (NYSE:AMC - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.58) earnings per share for the quarter, beating the consensus estimate of ($0.61) by $0.03. The company had revenue of $862.50 million during the quarter, compared to the consensus estimate of $983.23 million. During the same quarter in the prior year, the company posted ($0.62) earnings per share. The company's revenue for the quarter was down 9.3% on a year-over-year basis. As a group, research analysts expect that AMC Entertainment Holdings, Inc. will post -1.38 EPS for the current fiscal year.

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.