Goldman Sachs Group Inc. Grows Stock Holdings in National CineMedia, Inc. $NCMI

Key Points

• Goldman Sachs Group Inc. increased its holdings in National CineMedia by 21.3%, owning approximately 0.72% of the company, valued at $3,992,000.
• National CineMedia announced a quarterly dividend of $0.03 per share, representing a yield of 2.5%, with a negative payout ratio of -57.14%.
• Wall Street analysts have mixed ratings on National CineMedia, with three analysts giving a Buy rating and three assigning a Hold rating, and a consensus target price of $6.90.

Goldman Sachs Group Inc. boosted its stake in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) by 21.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 683,614 shares of the business services provider's stock after purchasing an additional 120,079 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.72% of National CineMedia worth $3,992,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NCMI. Strs Ohio purchased a new stake in National CineMedia in the first quarter worth $43,000. Jane Street Group LLC grew its holdings in National CineMedia by 511.8% during the 1st quarter. Jane Street Group LLC now owns 93,061 shares of the business services provider's stock valued at $543,000 after buying an additional 77,849 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of National CineMedia in the 1st quarter valued at approximately $255,000. AQR Capital Management LLC lifted its stake in shares of National CineMedia by 59.8% during the 1st quarter. AQR Capital Management LLC now owns 488,025 shares of the business services provider's stock worth $2,850,000 after acquiring an additional 182,548 shares during the last quarter. Finally, Magnetar Financial LLC bought a new stake in shares of National CineMedia during the 1st quarter worth approximately $120,000. Institutional investors own 69.49% of the company's stock.

Wall Street Analyst Weigh In

NCMI has been the topic of a number of analyst reports. Wedbush set a $7.00 price target on National CineMedia and gave the company an "outperform" rating in a report on Monday, August 4th. Benchmark reduced their price target on National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a report on Wednesday, June 25th. Finally, Zacks Research upgraded National CineMedia from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 3rd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $6.90.

Insider Activity

In other National CineMedia news, EVP Maria Vg Woods sold 9,038 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $4.82, for a total transaction of $43,563.16. Following the transaction, the executive vice president owned 111,246 shares of the company's stock, valued at approximately $536,205.72. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.40% of the company's stock.

National CineMedia Stock Down 1.6%

National CineMedia stock traded down $0.08 during midday trading on Friday, reaching $4.77. The company's stock had a trading volume of 727,165 shares, compared to its average volume of 427,713. National CineMedia, Inc. has a fifty-two week low of $4.12 and a fifty-two week high of $7.60. The company has a market cap of $447.00 million, a P/E ratio of -22.71 and a beta of 1.97. The business has a 50-day simple moving average of $4.64 and a 200-day simple moving average of $5.15.

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

National CineMedia Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 2.5%. National CineMedia's dividend payout ratio (DPR) is presently -57.14%.

About National CineMedia

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.