National CineMedia, Inc. (NASDAQ:NCMI) Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC grew its position in shares of National CineMedia, Inc. (NASDAQ:NCMI) by 39.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,210 shares of the business services provider’s stock after buying an additional 12,281 shares during the quarter. SG Americas Securities LLC’s holdings in National CineMedia were worth $287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC bought a new stake in National CineMedia during the third quarter worth approximately $97,000. The Manufacturers Life Insurance Company acquired a new position in National CineMedia in the 2nd quarter valued at approximately $124,000. Squarepoint Ops LLC lifted its holdings in shares of National CineMedia by 7.9% during the 2nd quarter. Squarepoint Ops LLC now owns 42,835 shares of the business services provider’s stock worth $188,000 after acquiring an additional 3,132 shares during the period. Centiva Capital LP bought a new position in shares of National CineMedia during the 3rd quarter worth approximately $219,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of National CineMedia in the 3rd quarter valued at $292,000. 69.49% of the stock is owned by institutional investors.

National CineMedia Stock Performance

NCMI stock opened at $7.00 on Thursday. National CineMedia, Inc. has a 1-year low of $3.65 and a 1-year high of $7.60. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.03. The firm has a market cap of $664.41 million, a PE ratio of -28.00 and a beta of 2.06. The business’s 50-day moving average price is $6.76 and its two-hundred day moving average price is $6.68.

National CineMedia (NASDAQ:NCMI) last issued its quarterly earnings results on Tuesday, November 5th. The business services provider reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $62.40 million during the quarter, compared to the consensus estimate of $58.20 million. National CineMedia had a negative net margin of 9.49% and a negative return on equity of 2.61%. During the same quarter last year, the firm earned $0.33 earnings per share. As a group, research analysts forecast that National CineMedia, Inc. will post -0.14 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NCMI. StockNews.com cut National CineMedia from a “hold” rating to a “sell” rating in a report on Monday, January 20th. Barrington Research upped their price objective on National CineMedia from $7.50 to $8.25 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Finally, Wedbush reissued a “neutral” rating and issued a $7.50 target price (up from $6.00) on shares of National CineMedia in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, National CineMedia presently has an average rating of “Hold” and a consensus price target of $8.06.

Insider Activity

In other news, EVP Maria Vg Woods sold 23,742 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $6.51, for a total value of $154,560.42. Following the completion of the sale, the executive vice president now owns 66,987 shares of the company’s stock, valued at approximately $436,085.37. This represents a 26.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.25% 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.