New York State Common Retirement Fund Buys 12,100 Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC)

New York State Common Retirement Fund grew its stake in AMC Entertainment Holdings, Inc. (NYSE:AMC) by 15.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 92,418 shares of the company’s stock after buying an additional 12,100 shares during the period. New York State Common Retirement Fund’s holdings in AMC Entertainment were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. KBC Group NV acquired a new stake in AMC Entertainment during the third quarter worth about $37,000. Creative Planning acquired a new stake in shares of AMC Entertainment during the 3rd quarter worth approximately $48,000. Amalgamated Bank increased its position in shares of AMC Entertainment by 31.5% during the third quarter. Amalgamated Bank now owns 11,568 shares of the company’s stock valued at $53,000 after purchasing an additional 2,771 shares during the period. Private Advisor Group LLC raised its stake in shares of AMC Entertainment by 27.5% in the third quarter. Private Advisor Group LLC now owns 15,011 shares of the company’s stock valued at $68,000 after purchasing an additional 3,237 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in AMC Entertainment in the third quarter worth $72,000. Institutional investors own 28.80% of the company’s stock.

AMC Entertainment Price Performance

NYSE AMC opened at $3.09 on Wednesday. The stock’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 one year low of $2.38 and a one year high of $11.88. The firm has a market cap of $1.16 billion, a PE ratio of -1.92 and a beta of 1.88.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. B. Riley lowered their price target on shares of AMC Entertainment from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Benchmark reissued a “hold” rating on shares of AMC Entertainment in a research report on Monday. Macquarie reaffirmed a “neutral” rating and set a $4.00 price objective on shares of AMC Entertainment in a report on Wednesday, February 26th. StockNews.com upgraded AMC Entertainment to a “sell” rating in a research report on Saturday, February 22nd. Finally, Roth Mkm upgraded AMC Entertainment from a “sell” rating to a “neutral” rating and lowered their price target for the company from $4.00 to $3.25 in a research report on Tuesday, February 4th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, AMC Entertainment currently has a consensus rating of “Hold” and a consensus price target of $4.81.

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.