Alambic Investment Management L.P. raised its stake in AMC Networks Inc (NASDAQ:AMCX) by 8.6% during the fourth quarter, Holdings Channel reports. The fund owned 22,200 shares of the company’s stock after buying an additional 1,760 shares during the period. Alambic Investment Management L.P.’s holdings in AMC Networks were worth $1,201,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Investec Asset Management LTD lifted its stake in shares of AMC Networks by 45.0% during the 3rd quarter. Investec Asset Management LTD now owns 1,799,372 shares of the company’s stock valued at $105,209,000 after buying an additional 558,579 shares in the last quarter. Boston Partners lifted its stake in shares of AMC Networks by 110.6% during the 4th quarter. Boston Partners now owns 819,011 shares of the company’s stock valued at $44,292,000 after buying an additional 430,169 shares in the last quarter. American Century Companies Inc. purchased a new stake in shares of AMC Networks during the 3rd quarter valued at approximately $20,212,000. LSV Asset Management lifted its stake in shares of AMC Networks by 24.9% during the 4th quarter. LSV Asset Management now owns 1,602,183 shares of the company’s stock valued at $86,646,000 after buying an additional 319,011 shares in the last quarter. Finally, AXA lifted its stake in shares of AMC Networks by 468.7% during the 3rd quarter. AXA now owns 245,100 shares of the company’s stock valued at $14,331,000 after buying an additional 202,000 shares in the last quarter. Hedge funds and other institutional investors own 86.47% of the company’s stock.

Shares of AMC Networks Inc (NASDAQ:AMCX) opened at $51.06 on Wednesday. The company has a debt-to-equity ratio of 37.53, a quick ratio of 2.57 and a current ratio of 2.57. The firm has a market cap of $3,160.00, a P/E ratio of 10.07, a P/E/G ratio of 0.94 and a beta of 0.91. AMC Networks Inc has a twelve month low of $46.89 and a twelve month high of $67.61.

A number of analysts recently commented on the stock. TheStreet upgraded shares of AMC Networks from a “c” rating to a “b-” rating in a research note on Thursday, December 21st. Piper Jaffray Companies set a $60.00 price target on shares of AMC Networks and gave the company a “hold” rating in a research note on Wednesday, November 1st. ValuEngine upgraded shares of AMC Networks from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. BidaskClub raised shares of AMC Networks from a “strong sell” rating to a “sell” rating in a report on Tuesday, January 23rd. Finally, Cowen reaffirmed a “hold” rating and set a $63.00 target price on shares of AMC Networks in a report on Monday. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $62.42.

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About AMC Networks

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.

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

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