National CineMedia, Inc. (NASDAQ:NCMI) major shareholder General L.P. Standard bought 15,000 shares of the company’s stock in a transaction dated Friday, December 22nd. The stock was bought at an average price of $6.94 per share, with a total value of $104,100.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Monday, December 18th, General L.P. Standard bought 210,320 shares of National CineMedia stock. The stock was bought at an average price of $6.97 per share, with a total value of $1,465,930.40.
  • On Monday, December 11th, General L.P. Standard bought 144,297 shares of National CineMedia stock. The stock was bought at an average price of $6.76 per share, with a total value of $975,447.72.
  • On Wednesday, December 13th, General L.P. Standard acquired 213,161 shares of National CineMedia stock. The shares were acquired 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 acquired 18,500 shares of National CineMedia stock. The shares were acquired 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 acquired 60,000 shares of National CineMedia stock. The shares were acquired 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 acquired 149,662 shares of National CineMedia stock. The shares were acquired at an average price of $6.61 per share, with a total value of $989,265.82.

National CineMedia, Inc. (NASDAQ NCMI) traded down $0.14 on Thursday, reaching $6.69. The company had a trading volume of 394,300 shares, compared to its average volume of 705,062. National CineMedia, Inc. has a one year low of $5.12 and a one year high of $15.25. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of -14.71. The stock has a market cap of $533.03, a PE ratio of 20.27, a P/E/G ratio of 2.60 and a beta of 0.62.

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

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Thursday, November 16th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 13.15%. The ex-dividend date was Wednesday, November 15th. National CineMedia’s dividend payout ratio (DPR) is presently 266.67%.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Pacad Investment Ltd. raised its position in National CineMedia by 690.2% during the 2nd quarter. Pacad Investment Ltd. now owns 14,223 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 12,423 shares in the last quarter. Stifel Financial Corp raised its position in National CineMedia by 30.5% during the 2nd quarter. Stifel Financial Corp now owns 19,126 shares of the business services provider’s stock valued at $142,000 after purchasing an additional 4,468 shares in the last quarter. DRW Securities LLC bought a new stake in National CineMedia during the 2nd quarter valued at $142,000. Nine Chapters Capital Management LLC bought a new stake in National CineMedia during the 3rd quarter valued at $136,000. Finally, Gamco Investors INC. ET AL bought a new stake in National CineMedia during the 3rd quarter valued at $175,000. 86.37% of the stock is owned by institutional investors and hedge funds.

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About National CineMedia

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.

Insider Buying and Selling by Quarter for National CineMedia (NASDAQ:NCMI)

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