Voya Investment Management LLC Lowers Stock Position in National CineMedia, Inc. $NCMI

Key Points

• Voya Investment Management LLC has reduced its stake in National CineMedia by 29.9%, owning approximately 1.55% of the company after selling 621,366 shares in the first quarter.
• National CineMedia reported a quarterly earnings per share (EPS) of (0.11), matching analysts' expectations, but fell short on revenue estimates with $51.80 million reported against a forecast of $59.45 million.
• The company's stock has seen a recent decline of 2.9% and has a consensus rating of "Moderate Buy" from research analysts, with an average target price of $6.90.

Voya Investment Management LLC lessened its holdings in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) by 29.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,459,391 shares of the business services provider's stock after selling 621,366 shares during the quarter. Voya Investment Management LLC owned 1.55% of National CineMedia worth $8,523,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in National CineMedia by 502.0% in the 1st quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock valued at $30,000 after purchasing an additional 4,237 shares in the last quarter. Strs Ohio purchased a new stake in National CineMedia in the 1st quarter valued at approximately $43,000. BNP Paribas Financial Markets purchased a new stake in National CineMedia in the 4th quarter valued at approximately $57,000. Kapitalo Investimentos Ltda purchased a new stake in National CineMedia in the 1st quarter valued at approximately $63,000. Finally, CWM LLC boosted its holdings in National CineMedia by 66.9% in the 1st quarter. CWM LLC now owns 14,873 shares of the business services provider's stock valued at $87,000 after purchasing an additional 5,961 shares in the last quarter. Hedge funds and other institutional investors own 69.49% of the company's stock.

Wall Street Analyst Weigh In

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

National CineMedia Stock Down 1.6%

Shares of National CineMedia stock traded down $0.08 during trading on Friday, hitting $4.77. 727,165 shares of the company were exchanged, 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 stock has a market capitalization of $447.00 million, a price-to-earnings ratio of -22.71 and a beta of 1.97. The firm has a 50 day moving average price of $4.64 and a 200 day moving average price of $5.15.

National CineMedia (NASDAQ:NCMI - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. Analysts predict that National CineMedia, Inc. will post -0.12 earnings per share for the current year.

National CineMedia Announces Dividend

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

Insider Buying and Selling

In other National CineMedia 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 completion of the sale, the executive vice president directly owned 111,246 shares of the company's stock, valued at approximately $536,205.72. The trade was a 7.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.40% of the company's stock.

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.