Bank of New York Mellon Corp raised its stake in shares of AMC Entertainment Holdings, Inc. (NYSE:AMC – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 947,788 shares of the company’s stock after acquiring an additional 17,371 shares during the period. Bank of New York Mellon Corp owned about 0.25% of AMC Entertainment worth $3,772,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. KBC Group NV bought a new position in shares of AMC Entertainment during the third quarter valued at about $37,000. Amalgamated Bank lifted its position in shares of AMC Entertainment by 31.5% during the 3rd quarter. Amalgamated Bank now owns 11,568 shares of the company’s stock worth $53,000 after buying an additional 2,771 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of AMC Entertainment during the 3rd quarter worth approximately $72,000. Traphagen Investment Advisors LLC purchased a new position in shares of AMC Entertainment in the 4th quarter worth approximately $64,000. Finally, FORA Capital LLC bought a new position in shares of AMC Entertainment in the third quarter valued at approximately $182,000. 28.80% of the stock is owned by hedge funds and other institutional investors.
AMC Entertainment Trading Up 0.5 %
AMC Entertainment stock opened at $3.03 on Wednesday. The firm’s 50 day simple moving average is $3.30 and its 200 day simple moving average is $4.05. AMC Entertainment Holdings, Inc. has a 1-year low of $2.38 and a 1-year high of $11.88. The firm has a market capitalization of $1.31 billion, a PE ratio of -1.88 and a beta of 1.91.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on AMC Entertainment
AMC Entertainment Company 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.
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