Brookstone Capital Management grew its position in AMC Entertainment Holdings Inc (NYSE:AMC) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,761 shares of the company’s stock after purchasing an additional 3,800 shares during the period. Brookstone Capital Management’s holdings in AMC Entertainment were worth $359,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ameritas Investment Partners Inc. grew its stake in shares of AMC Entertainment by 8.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,845 shares of the company’s stock valued at $110,000 after buying an additional 372 shares during the period. NJ State Employees Deferred Compensation Plan purchased a new position in shares of AMC Entertainment during the 3rd quarter worth approximately $147,000. Deprince Race & Zollo Inc. purchased a new position in shares of AMC Entertainment during the 4th quarter worth approximately $151,000. Financial Consulate Inc. purchased a new position in shares of AMC Entertainment during the 3rd quarter worth approximately $162,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of AMC Entertainment during the 4th quarter worth approximately $275,000. 49.13% of the stock is owned by institutional investors and hedge funds.

AMC Entertainment Holdings Inc (AMC) opened at $14.25 on Thursday. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.53 and a quick ratio of 0.53. AMC Entertainment Holdings Inc has a 1 year low of $10.80 and a 1 year high of $32.10. The company has a market cap of $1,786.79, a P/E ratio of -11.13 and a beta of 1.10.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of AMC Entertainment from a “buy” rating to a “hold” rating in a research report on Tuesday, January 23rd. Credit Suisse Group lowered their price objective on shares of AMC Entertainment from $12.00 to $10.00 and set an “underperform” rating for the company in a research report on Tuesday, November 7th. B. Riley set a $31.00 price objective on shares of AMC Entertainment and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Royal Bank of Canada cut shares of AMC Entertainment from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 10th. Finally, Wedbush set a $19.00 price objective on shares of AMC Entertainment and gave the stock a “buy” rating in a research report on Monday, January 8th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $23.25.

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AMC Entertainment Profile

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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Institutional Ownership by Quarter for AMC Entertainment (NYSE:AMC)

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