Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in AMC Networks Inc. (NASDAQ:AMCX)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in AMC Networks Inc. (NASDAQ:AMCX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 55,200 shares of the company’s stock, valued at approximately $546,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of AMC Networks at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. PharVision Advisers LLC acquired a new stake in AMC Networks in the 4th quarter worth $538,000. Two Sigma Advisers LP increased its stake in AMC Networks by 93.8% during the fourth quarter. Two Sigma Advisers LP now owns 199,400 shares of the company’s stock valued at $1,974,000 after acquiring an additional 96,500 shares during the period. Two Sigma Investments LP raised its holdings in AMC Networks by 18.8% in the 4th quarter. Two Sigma Investments LP now owns 569,523 shares of the company’s stock valued at $5,638,000 after acquiring an additional 90,169 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of AMC Networks in the 4th quarter worth approximately $779,000. Finally, Quantinno Capital Management LP grew its holdings in shares of AMC Networks by 20.7% during the 4th quarter. Quantinno Capital Management LP now owns 12,255 shares of the company’s stock worth $121,000 after purchasing an additional 2,102 shares in the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

AMC Networks Price Performance

Shares of AMC Networks stock opened at $6.63 on Wednesday. The stock has a market capitalization of $297.87 million, a price-to-earnings ratio of -1.26 and a beta of 1.43. The firm’s 50-day moving average price is $6.29 and its two-hundred day moving average price is $7.93. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 2.63. AMC Networks Inc. has a 1-year low of $5.41 and a 1-year high of $18.58.

AMC Networks (NASDAQ:AMCX) last released its quarterly earnings results on Friday, May 9th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.21). AMC Networks had a positive return on equity of 18.61% and a negative net margin of 9.36%. The business had revenue of $555.23 million for the quarter, compared to the consensus estimate of $567.23 million. During the same quarter last year, the company earned $1.16 earnings per share. The firm’s revenue was down 6.9% on a year-over-year basis. On average, equities analysts predict that AMC Networks Inc. will post 2.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AMCX shares. UBS Group decreased their price target on shares of AMC Networks from $8.00 to $6.00 and set a “sell” rating on the stock in a research note on Tuesday, April 15th. Morgan Stanley lowered their target price on shares of AMC Networks from $6.00 to $5.50 and set an “underweight” rating on the stock in a research note on Monday, May 12th. JPMorgan Chase & Co. decreased their price objective on AMC Networks from $8.00 to $6.00 and set an “underweight” rating on the stock in a report on Monday, May 12th. Wells Fargo & Company dropped their target price on AMC Networks from $8.00 to $4.00 and set an “underweight” rating for the company in a report on Thursday, April 17th. Finally, Wall Street Zen upgraded AMC Networks from a “hold” rating to a “buy” rating in a research report on Tuesday, May 13th. Four analysts have rated the stock with a sell rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.38.

Insider Transactions at AMC Networks

In other AMC Networks news, insider F. Dolan 2009 Revocabl Charles sold 154,345 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $6.95, for a total value of $1,072,697.75. Following the completion of the sale, the insider now owns 20,833 shares in the company, valued at approximately $144,789.35. This trade represents a 88.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 15.62% of the company’s stock.

About AMC Networks

AMC Networks Inc, an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments.