AMC Entertainment Holdings, Inc. (NYSE:AMC) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $11.20 and last traded at $11.25, with a volume of 1580988 shares trading hands. The stock had previously closed at $11.40.

Several research analysts recently issued reports on AMC shares. Credit Suisse Group reduced their target price on AMC Entertainment Holdings from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Tuesday, July 18th. Barclays PLC lowered AMC Entertainment Holdings from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $31.00 to $25.00 in a research report on Wednesday, July 19th. William Blair started coverage on AMC Entertainment Holdings in a research report on Friday, July 21st. They set a “market perform” rating on the stock. Citigroup Inc. reaffirmed a “buy” rating and set a $30.00 target price (down from $35.00) on shares of AMC Entertainment Holdings in a research report on Saturday, July 22nd. Finally, B. Riley reissued a “buy” rating and issued a $32.50 price objective (down from $42.50) on shares of AMC Entertainment Holdings in a report on Monday, July 31st. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.78.

The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.96.

AMC Entertainment Holdings (NYSE:AMC) last released its earnings results on Monday, November 6th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.04). The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.16 billion. AMC Entertainment Holdings had a negative net margin of 3.87% and a negative return on equity of 6.24%. The business’s revenue was up 51.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 EPS. equities research analysts forecast that AMC Entertainment Holdings, Inc. will post -1.28 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Monday, December 4th will be given a $0.20 dividend. The ex-dividend date is Friday, December 1st. This represents a $0.80 annualized dividend and a dividend yield of 7.27%. AMC Entertainment Holdings’s dividend payout ratio (DPR) is presently -61.07%.

AMC Entertainment Holdings declared that its board has authorized a stock repurchase plan on Thursday, August 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 58% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

In related news, CEO Adam M. Aron purchased 35,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was purchased at an average price of $15.79 per share, with a total value of $552,650.00. Following the completion of the acquisition, the chief executive officer now owns 125,426 shares in the company, valued at $1,980,476.54. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jack Qunyao Gao purchased 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average cost of $13.47 per share, with a total value of $94,290.00. Following the acquisition, the director now owns 10,500 shares of the company’s stock, valued at approximately $141,435. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 62,000 shares of company stock worth $896,940. Company insiders own 0.80% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Federated Investors Inc. PA increased its holdings in shares of AMC Entertainment Holdings by 272.8% in the second quarter. Federated Investors Inc. PA now owns 463,400 shares of the company’s stock valued at $10,542,000 after purchasing an additional 339,100 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its holdings in shares of AMC Entertainment Holdings by 15.7% in the second quarter. Thompson Siegel & Walmsley LLC now owns 908,121 shares of the company’s stock valued at $20,660,000 after purchasing an additional 123,028 shares during the last quarter. Brookstone Capital Management acquired a new stake in shares of AMC Entertainment Holdings in the second quarter valued at approximately $269,000. B. Riley Financial Inc. increased its holdings in shares of AMC Entertainment Holdings by 56.3% in the second quarter. B. Riley Financial Inc. now owns 25,985 shares of the company’s stock valued at $591,000 after purchasing an additional 9,364 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in shares of AMC Entertainment Holdings by 74.7% in the first quarter. Alliancebernstein L.P. now owns 75,348 shares of the company’s stock valued at $2,370,000 after purchasing an additional 32,223 shares during the last quarter. 47.00% of the stock is owned by hedge funds and other institutional investors.

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About AMC Entertainment Holdings

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

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