Cinemark Holdings Inc (NYSE:CNK) Director Lee Roy Mitchell sold 300 shares of the stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $35.95, for a total value of $10,785.00. Following the completion of the transaction, the director now directly owns 5,703,450 shares in the company, valued at approximately $205,039,027.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cinemark Holdings Inc (NYSE:CNK) traded up $0.48 during midday trading on Thursday, reaching $35.49. 779,420 shares of the company’s stock traded hands, compared to its average volume of 1,097,349. The company has a current ratio of 1.50, a quick ratio of 1.46 and a debt-to-equity ratio of 1.50. Cinemark Holdings Inc has a twelve month low of $32.03 and a twelve month high of $44.84. The stock has a market capitalization of $4,154.37, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.19 and a beta of 1.18.

Cinemark (NYSE:CNK) last posted its quarterly earnings results on Friday, November 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02). Cinemark had a net margin of 8.36% and a return on equity of 18.43%. The business had revenue of $710.70 million for the quarter, compared to analysts’ expectations of $702.60 million. During the same quarter in the previous year, the company earned $0.56 earnings per share. The business’s quarterly revenue was down 7.5% on a year-over-year basis. equities analysts expect that Cinemark Holdings Inc will post 2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.29 per share. The ex-dividend date is Thursday, November 30th. This represents a $1.16 annualized dividend and a yield of 3.27%. Cinemark’s payout ratio is 54.98%.

A number of research firms recently commented on CNK. BidaskClub cut Cinemark from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. B. Riley reissued a “buyl” rating on shares of Cinemark in a research note on Sunday, August 13th. Piper Jaffray Companies reissued a “buy” rating on shares of Cinemark in a research note on Sunday, September 17th. J P Morgan Chase & Co cut their price target on shares of Cinemark from $47.00 to $42.00 in a research report on Tuesday, August 22nd. Finally, Wedbush restated an “outperform” rating and set a $44.00 price target on shares of Cinemark in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. Cinemark presently has an average rating of “Hold” and an average target price of $42.31.

Institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. boosted its holdings in shares of Cinemark by 15.4% during the second quarter. Victory Capital Management Inc. now owns 187,598 shares of the company’s stock worth $7,288,000 after purchasing an additional 25,083 shares during the period. Partners Value Investments LP boosted its holdings in shares of Cinemark by 46.0% during the second quarter. Partners Value Investments LP now owns 73,000 shares of the company’s stock worth $2,836,000 after purchasing an additional 23,000 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Cinemark by 1.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,304,557 shares of the company’s stock worth $89,532,000 after purchasing an additional 32,271 shares during the period. Swiss National Bank boosted its holdings in shares of Cinemark by 4.8% during the second quarter. Swiss National Bank now owns 181,200 shares of the company’s stock worth $7,040,000 after purchasing an additional 8,300 shares during the period. Finally, Aperio Group LLC boosted its holdings in shares of Cinemark by 34.2% during the third quarter. Aperio Group LLC now owns 42,818 shares of the company’s stock worth $1,550,000 after purchasing an additional 10,905 shares during the period. Institutional investors own 94.63% of the company’s stock.

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About Cinemark

Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.

Insider Buying and Selling by Quarter for Cinemark (NYSE:CNK)

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