National CineMedia, Inc. $NCMI Stock Holdings Lifted by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in National CineMedia by 5.6%, owning 4.58% of the company valued at $25.45 million.
• Brokerage analysts have mixed ratings on National CineMedia, with a consensus target price of $6.90 and a current average rating of "Moderate Buy."
• The company announced a quarterly dividend of $0.03, with an annualized dividend yield of 2.8% despite currently having a negative dividend payout ratio.

Vanguard Group Inc. lifted its holdings in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) by 5.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 4,358,287 shares of the business services provider's stock after buying an additional 232,702 shares during the quarter. Vanguard Group Inc. owned approximately 4.58% of National CineMedia worth $25,452,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in shares of National CineMedia by 375.7% in the 4th quarter. Renaissance Technologies LLC now owns 127,500 shares of the business services provider's stock worth $847,000 after buying an additional 100,700 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of National CineMedia by 502.0% in the 1st quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock worth $30,000 after buying an additional 4,237 shares during the last quarter. Deutsche Bank AG lifted its position in shares of National CineMedia by 122.4% in the 4th quarter. Deutsche Bank AG now owns 83,863 shares of the business services provider's stock worth $557,000 after buying an additional 46,163 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of National CineMedia by 18.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,749 shares of the business services provider's stock worth $178,000 after buying an additional 4,084 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of National CineMedia by 64.1% in the 1st quarter. Victory Capital Management Inc. now owns 165,237 shares of the business services provider's stock worth $965,000 after buying an additional 64,538 shares during the last quarter. 69.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on NCMI shares. Benchmark cut their price objective on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, June 25th. Wedbush set a $7.00 price objective on shares of National CineMedia and gave the company an "outperform" rating in a research report on Monday, August 4th. Wall Street Zen downgraded shares of National CineMedia from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Finally, B. Riley downgraded shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a research report on Friday, May 16th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, National CineMedia has a consensus rating of "Moderate Buy" and an average price target of $6.90.

National CineMedia Price Performance

Shares of NCMI traded down $0.02 during mid-day trading on Wednesday, hitting $4.47. The company's stock had a trading volume of 639,208 shares, compared to its average volume of 515,361. The firm has a 50-day moving average price of $4.67 and a 200 day moving average price of $5.34. The stock has a market capitalization of $418.88 million, a price-to-earnings ratio of -21.28 and a beta of 1.97. National CineMedia, Inc. has a fifty-two week low of $4.12 and a fifty-two week high of $7.60.

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). The company had revenue of $51.80 million for the quarter, compared to analysts' expectations of $59.45 million. National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. National CineMedia has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that National CineMedia, Inc. will post -0.12 EPS for the current fiscal year.

National CineMedia Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 2.7%. National CineMedia's payout ratio is currently -57.14%.

Insider Activity

In other news, EVP Maria Vg Woods sold 9,038 shares of National CineMedia stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $4.82, for a total value of $43,563.16. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is owned by corporate insiders.

National CineMedia 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.