Rockefeller Financial Services Inc. cut its holdings in shares of AMC Networks Inc (NASDAQ:AMCX) by 66.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,325 shares of the company’s stock after selling 4,650 shares during the period. Rockefeller Financial Services Inc.’s holdings in AMC Networks were worth $126,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Royal Bank of Canada boosted its position in AMC Networks by 385.4% during the 2nd quarter. Royal Bank of Canada now owns 93,357 shares of the company’s stock worth $4,986,000 after buying an additional 74,123 shares during the period. Public Employees Retirement System of Ohio raised its holdings in AMC Networks by 24.2% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,061 shares of the company’s stock worth $3,161,000 after purchasing an additional 10,539 shares during the last quarter. AXA raised its holdings in AMC Networks by 468.7% during the 3rd quarter. AXA now owns 245,100 shares of the company’s stock worth $14,331,000 after purchasing an additional 202,000 shares during the last quarter. U S Global Investors Inc. bought a new position in AMC Networks during the 3rd quarter worth approximately $1,462,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in AMC Networks during the 2nd quarter worth approximately $813,000. Institutional investors and hedge funds own 86.47% of the company’s stock.

Several research firms have issued reports on AMCX. TheStreet lowered shares of AMC Networks from a “b-” rating to a “c” rating in a report on Tuesday, November 14th. Zacks Investment Research upgraded shares of AMC Networks from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a report on Tuesday, January 2nd. Loop Capital lowered their price target on shares of AMC Networks from $60.00 to $55.00 and set a “hold” rating for the company in a report on Friday, November 3rd. Morgan Stanley lowered their price target on shares of AMC Networks from $60.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, October 31st. Finally, ValuEngine upgraded shares of AMC Networks from a “hold” rating to a “buy” rating in a report on Monday, December 4th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. AMC Networks currently has an average rating of “Hold” and an average target price of $62.42.

Shares of AMC Networks Inc (AMCX) opened at $51.06 on Wednesday. The firm has a market cap of $3,025.72, a price-to-earnings ratio of 7.03, a PEG ratio of 0.90 and a beta of 0.91. The company has a debt-to-equity ratio of 37.53, a current ratio of 2.57 and a quick ratio of 2.57. AMC Networks Inc has a one year low of $46.89 and a one year high of $67.61.

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AMC Networks Profile

AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.

Institutional Ownership by Quarter for AMC Networks (NASDAQ:AMCX)

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