AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its position in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 51.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 282,815 shares of the company's stock after acquiring an additional 95,834 shares during the quarter. Deutsche Bank AG owned approximately 0.08% of AMC Entertainment worth $1,126,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMC. Covalent Partners LLC bought a new position in AMC Entertainment during the 4th quarter valued at about $239,000. Cresset Asset Management LLC bought a new stake in AMC Entertainment during the fourth quarter worth $88,000. Brevan Howard Capital Management LP raised its position in shares of AMC Entertainment by 210.9% in the fourth quarter. Brevan Howard Capital Management LP now owns 277,368 shares of the company's stock valued at $1,104,000 after purchasing an additional 527,368 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of AMC Entertainment in the fourth quarter valued at about $3,646,000. Finally, Bayesian Capital Management LP increased its holdings in AMC Entertainment by 85.6% in the 4th quarter. Bayesian Capital Management LP now owns 153,100 shares of the company's stock valued at $609,000 after buying an additional 70,600 shares during the period. Hedge funds and other institutional investors own 28.80% of the company's stock.

AMC Entertainment Trading Up 1.9%

NYSE AMC traded up $0.07 on Friday, reaching $3.49. 3,293,377 shares of the company were exchanged, compared to its average volume of 14,754,762. AMC Entertainment Holdings, Inc. has a fifty-two week low of $2.45 and a fifty-two week high of $5.96. The business's fifty day moving average price is $2.87 and its 200 day moving average price is $3.46. The stock has a market capitalization of $1.51 billion, a P/E ratio of -2.17 and a beta of 1.41.

AMC Entertainment (NYSE:AMC - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported ($0.58) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.61) by $0.03. The firm had revenue of $862.50 million during the quarter, compared to analyst estimates of $983.23 million. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned ($0.62) earnings per share. Equities research analysts forecast that AMC Entertainment Holdings, Inc. will post -1.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Benchmark restated a "hold" rating on shares of AMC Entertainment in a research report on Monday, March 3rd. Roth Capital set a $3.25 price objective on shares of AMC Entertainment in a report on Tuesday, February 4th. Macquarie reissued a "neutral" rating and issued a $4.00 price target on shares of AMC Entertainment in a report on Wednesday, February 26th. B. Riley assumed coverage on shares of AMC Entertainment in a research report on Friday, May 16th. They set a "neutral" rating and a $3.00 price target on the stock. Finally, Wall Street Zen raised AMC Entertainment to a "sell" rating in a research note on Saturday, February 22nd. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, AMC Entertainment presently has a consensus rating of "Hold" and a consensus target price of $4.26.

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.