AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Acquired by Qube Research & Technologies Ltd

Qube Research & Technologies Ltd boosted its holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 935.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 814,308 shares of the company's stock after purchasing an additional 735,666 shares during the quarter. Qube Research & Technologies Ltd owned about 0.51% of AMC Entertainment worth $6,506,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in shares of AMC Entertainment by 418.4% in the 1st quarter. Invesco Ltd. now owns 2,635,266 shares of the company's stock valued at $64,934,000 after buying an additional 2,126,916 shares in the last quarter. Cadian Capital Management LP acquired a new position in AMC Entertainment in the second quarter valued at $7,757,000. Vanguard Group Inc. grew its holdings in shares of AMC Entertainment by 3.5% during the third quarter. Vanguard Group Inc. now owns 49,270,302 shares of the company's stock worth $343,413,000 after purchasing an additional 1,682,299 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of AMC Entertainment during the second quarter worth about $6,406,000. Finally, SG Americas Securities LLC lifted its holdings in shares of AMC Entertainment by 3,234.8% in the 3rd quarter. SG Americas Securities LLC now owns 1,274,309 shares of the company's stock valued at $10,182,000 after purchasing an additional 1,236,097 shares during the last quarter. 28.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMC has been the topic of a number of research reports. B. Riley dropped their price target on AMC Entertainment from $12.00 to $8.00 and set a "neutral" rating on the stock in a research note on Thursday, February 29th. Wedbush reaffirmed a "neutral" rating and issued a $6.00 target price on shares of AMC Entertainment in a report on Friday, February 23rd. Four investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $6.35.

AMC Entertainment Trading Up 4.3 %

AMC Entertainment stock opened at $4.51 on Wednesday. The stock has a market capitalization of $893.61 million, a price-to-earnings ratio of -1.92 and a beta of 1.64. The stock has a 50 day moving average of $4.66 and a two-hundred day moving average of $7.42. AMC Entertainment Holdings, Inc. has a twelve month low of $3.59 and a twelve month high of $67.50.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc was founded in 1920 and is headquartered in Leawood, Kansas.

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