Deutsche Bank AG Buys 95,834 Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC)

Deutsche Bank AG boosted its position in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 51.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 282,815 shares of the company's stock after buying an additional 95,834 shares during the period. Deutsche Bank AG owned approximately 0.08% of AMC Entertainment worth $1,126,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in AMC Entertainment by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 36,854,559 shares of the company's stock worth $146,681,000 after purchasing an additional 1,558,554 shares during the last quarter. Northern Trust Corp boosted its position in shares of AMC Entertainment by 12.6% in the 4th quarter. Northern Trust Corp now owns 3,318,281 shares of the company's stock valued at $13,207,000 after purchasing an additional 370,408 shares during the period. KBC Group NV boosted its position in AMC Entertainment by 7,771.5% during the 4th 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 period. KLP Kapitalforvaltning AS acquired a new stake in AMC Entertainment during the 4th quarter worth about $289,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of AMC Entertainment during the 4th quarter worth about $1,191,000. Hedge funds and other institutional investors own 28.80% of the company's stock.

AMC Entertainment Trading Down 14.0%

NYSE AMC traded down $0.56 on Wednesday, hitting $3.45. The company's stock had a trading volume of 32,832,499 shares, compared to its average volume of 15,157,629. The firm has a market cap of $1.49 billion, a P/E ratio of -2.14 and a beta of 1.41. The company's 50-day simple moving average is $2.86 and its 200 day simple moving average is $3.47. AMC Entertainment Holdings, Inc. has a 52-week low of $2.45 and a 52-week high of $5.96.

AMC Entertainment (NYSE:AMC - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.58) EPS for the quarter, topping analysts' consensus estimates of ($0.61) by $0.03. The business had revenue of $862.50 million during the quarter, compared to the consensus estimate of $983.23 million. During the same period in the previous year, the business posted ($0.62) EPS. The firm's revenue for the quarter was down 9.3% on a year-over-year basis. On average, research analysts forecast that AMC Entertainment Holdings, Inc. will post -1.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Citigroup reaffirmed a "sell" rating and issued a $2.30 price target (down from $2.80) on shares of AMC Entertainment in a research report on Thursday, April 24th. Wall Street Zen upgraded AMC Entertainment to a "sell" rating in a research report on Saturday, February 22nd. B. Riley began coverage on AMC Entertainment in a report on Friday, May 16th. They issued a "neutral" rating and a $3.00 price objective for the company. Roth Capital set a $3.25 target price on AMC Entertainment in a research note on Tuesday, February 4th. Finally, Macquarie reaffirmed a "neutral" rating and set a $4.00 price objective on shares of AMC Entertainment in a research report on Wednesday, February 26th. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $4.22.

AMC Entertainment Company 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.