AMC Entertainment Holdings, Inc. (NYSE:AMC) Stock Position Lifted by New York State Common Retirement Fund

New York State Common Retirement Fund raised its stake in AMC Entertainment Holdings, Inc. (NYSE:AMC) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,418 shares of the company’s stock after buying an additional 12,100 shares during the quarter. New York State Common Retirement Fund’s holdings in AMC Entertainment were worth $368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMC. Creative Planning acquired a new position in AMC Entertainment in the 3rd quarter worth about $48,000. Private Advisor Group LLC grew its stake in shares of AMC Entertainment by 27.5% in the 3rd quarter. Private Advisor Group LLC now owns 15,011 shares of the company’s stock valued at $68,000 after buying an additional 3,237 shares in the last quarter. Amalgamated Bank increased its holdings in AMC Entertainment by 31.5% in the third quarter. Amalgamated Bank now owns 11,568 shares of the company’s stock worth $53,000 after buying an additional 2,771 shares during the last quarter. Victory Capital Management Inc. raised its position in AMC Entertainment by 20.1% during the third quarter. Victory Capital Management Inc. now owns 45,711 shares of the company’s stock valued at $208,000 after acquiring an additional 7,661 shares in the last quarter. Finally, KBC Group NV acquired a new stake in AMC Entertainment in the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 28.80% of the company’s stock.

AMC Entertainment Stock Performance

AMC Entertainment stock opened at $3.09 on Wednesday. The business’s 50-day simple moving average is $3.51 and its 200-day simple moving average is $4.19. AMC Entertainment Holdings, Inc. has a 52 week low of $2.38 and a 52 week high of $11.88. The firm has a market capitalization of $1.16 billion, a PE ratio of -1.92 and a beta of 1.88.

Analyst Ratings Changes

AMC has been the topic of several analyst reports. B. Riley dropped their price target on shares of AMC Entertainment from $8.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Benchmark reissued a “hold” rating on shares of AMC Entertainment in a research report on Monday. Roth Mkm raised AMC Entertainment from a “sell” rating to a “neutral” rating and reduced their price target for the stock from $4.00 to $3.25 in a research report on Tuesday, February 4th. Roth Capital set a $3.25 price target on AMC Entertainment in a research note on Tuesday, February 4th. Finally, StockNews.com raised AMC Entertainment to a “sell” rating in a research note on Saturday, February 22nd. Three equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat, AMC Entertainment has an average rating of “Hold” and a consensus price target of $4.81.

AMC Entertainment Profile

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