National CineMedia, Inc. $NCMI Position Trimmed by Harbor Capital Advisors Inc.

Key Points

• Harbor Capital Advisors Inc. reduced its holding in National CineMedia by 20.3%, selling 114,371 shares and now owns 0.48% of the company valued at approximately $2.18 million.
• Several institutional investors, including Wellington Management Group and Vanguard Group, have increased their stakes in National CineMedia, with hedge funds collectively owning 69.49% of the company's stock.
• The company reported a quarterly loss of ($0.11) per share and revenue of $51.80 million, falling short of analysts' expectations, while a quarterly dividend of $0.03 was paid to investors.

Harbor Capital Advisors Inc. trimmed its position in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) by 20.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 449,659 shares of the business services provider's stock after selling 114,371 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.48% of National CineMedia worth $2,179,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in National CineMedia by 502.0% in the first quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock valued at $30,000 after acquiring an additional 4,237 shares during the period. Strs Ohio acquired a new stake in National CineMedia in the first quarter valued at $43,000. BNP Paribas Financial Markets acquired a new stake in National CineMedia in the fourth quarter valued at $57,000. Kapitalo Investimentos Ltda acquired a new stake in National CineMedia in the first quarter valued at $63,000. Finally, CWM LLC lifted its holdings in National CineMedia by 66.9% in the first quarter. CWM LLC now owns 14,873 shares of the business services provider's stock valued at $87,000 after acquiring an additional 5,961 shares during the period. Institutional investors and hedge funds own 69.49% of the company's stock.

National CineMedia Price Performance

NCMI traded down $0.08 during trading hours on Friday, hitting $4.77. 727,165 shares of the stock were exchanged, compared to its average volume of 418,094. The stock has a 50-day simple moving average of $4.64 and a 200-day simple moving average of $5.16. National CineMedia, Inc. has a 12 month low of $4.12 and a 12 month high of $7.60. The stock has a market cap of $447.00 million, a price-to-earnings ratio of -22.71 and a beta of 1.97.

National CineMedia (NASDAQ:NCMI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). National CineMedia had a negative return on equity of 3.51% and a negative net margin of 8.62%.The firm 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. Sell-side analysts expect that National CineMedia, Inc. will post -0.12 EPS for the current year.

National CineMedia Announces Dividend

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

Insiders Place Their Bets

In other National CineMedia news, EVP Maria Vg Woods sold 9,038 shares of the stock in a transaction on Monday, June 30th. The stock was sold at an average price of $4.82, for a total value of $43,563.16. Following the sale, the executive vice president directly owned 111,246 shares of the company's stock, valued at $536,205.72. This trade 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. 0.25% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NCMI. Zacks Research raised National CineMedia from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 3rd. Wedbush set a $7.00 price objective on National CineMedia and gave the stock an "outperform" rating in a research report on Monday, August 4th. Finally, Benchmark dropped their price objective on National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Wednesday, June 25th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $6.90.

National CineMedia Company 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.