National CineMedia, Inc. (NASDAQ:NCMI) major shareholder General L.P. Standard purchased 144,297 shares of the stock in a transaction on Monday, December 11th. The shares were purchased at an average price of $6.76 per share, with a total value of $975,447.72. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

General L.P. Standard also recently made the following trade(s):

  • On Wednesday, December 13th, General L.P. Standard bought 213,161 shares of National CineMedia stock. The stock was bought at an average price of $6.80 per share, with a total value of $1,449,494.80.
  • On Friday, December 8th, General L.P. Standard bought 18,500 shares of National CineMedia stock. The stock was bought at an average price of $6.54 per share, with a total value of $120,990.00.
  • On Monday, December 4th, General L.P. Standard bought 60,000 shares of National CineMedia stock. The stock was bought at an average price of $6.64 per share, with a total value of $398,400.00.
  • On Wednesday, December 6th, General L.P. Standard bought 149,662 shares of National CineMedia stock. The stock was bought at an average price of $6.61 per share, with a total value of $989,265.82.

Shares of National CineMedia, Inc. (NCMI) traded up $0.07 during trading hours on Wednesday, reaching $6.92. 1,085,872 shares of the company were exchanged, compared to its average volume of 693,753. The firm has a market cap of $430.97, a PE ratio of 22.00, a P/E/G ratio of 2.61 and a beta of 0.62. The company has a debt-to-equity ratio of -14.71, a quick ratio of 1.76 and a current ratio of 1.76. National CineMedia, Inc. has a 12-month low of $5.12 and a 12-month high of $15.80.

National CineMedia (NASDAQ:NCMI) last issued its quarterly earnings results on Monday, November 6th. The business services provider reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.03. The firm had revenue of $116.40 million during the quarter, compared to analysts’ expectations of $108.21 million. National CineMedia had a net margin of 4.81% and a negative return on equity of 21.45%. National CineMedia’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 EPS. analysts anticipate that National CineMedia, Inc. will post 0.29 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Thursday, November 16th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 12.72%. The ex-dividend date of this dividend was Wednesday, November 15th. National CineMedia’s dividend payout ratio is currently 266.67%.

Several brokerages have recently issued reports on NCMI. ValuEngine upgraded shares of National CineMedia from a “sell” rating to a “hold” rating in a report on Friday, December 1st. B. Riley set a $9.00 target price on shares of National CineMedia and gave the company a “hold” rating in a report on Tuesday, November 14th. J P Morgan Chase & Co cut shares of National CineMedia from a “neutral” rating to an “underweight” rating and set a $5.00 target price for the company. in a report on Wednesday, November 8th. Zacks Investment Research cut shares of National CineMedia from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Finally, Credit Suisse Group lowered their target price on shares of National CineMedia from $8.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, September 28th. Three equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. National CineMedia presently has a consensus rating of “Hold” and a consensus target price of $7.90.

Large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in National CineMedia during the 2nd quarter worth $1,135,000. Thompson Siegel & Walmsley LLC boosted its stake in National CineMedia by 238.5% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,707,647 shares of the business services provider’s stock worth $20,091,000 after purchasing an additional 1,907,741 shares during the period. Engineers Gate Manager LP boosted its stake in National CineMedia by 74.8% during the 2nd quarter. Engineers Gate Manager LP now owns 91,122 shares of the business services provider’s stock worth $676,000 after purchasing an additional 38,984 shares during the period. Vivaldi Asset Management LLC acquired a new stake in National CineMedia during the 2nd quarter worth $1,439,000. Finally, Skylands Capital LLC boosted its stake in National CineMedia by 41.1% during the 3rd quarter. Skylands Capital LLC now owns 812,150 shares of the business services provider’s stock worth $5,669,000 after purchasing an additional 236,400 shares during the period. Hedge funds and other institutional investors own 86.40% of the company’s stock.

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National CineMedia Company Profile

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements.

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