National CineMedia, Inc. (NCMI) Position Increased by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD increased its holdings in shares of National CineMedia, Inc. (NASDAQ:NCMI) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 816,520 shares of the business services provider’s stock after acquiring an additional 133,650 shares during the quarter. Mondrian Investment Partners LTD owned approximately 1.04% of National CineMedia worth $5,601,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of NCMI. Schwab Charles Investment Management Inc. lifted its holdings in National CineMedia by 13.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 462,379 shares of the business services provider’s stock worth $3,431,000 after acquiring an additional 55,570 shares during the period. Legal & General Group Plc lifted its holdings in National CineMedia by 21.9% during the second quarter. Legal & General Group Plc now owns 25,026 shares of the business services provider’s stock worth $186,000 after acquiring an additional 4,490 shares during the period. Schroder Investment Management Group bought a new stake in National CineMedia during the second quarter worth $806,000. Teachers Advisors LLC lifted its holdings in National CineMedia by 13.5% during the second quarter. Teachers Advisors LLC now owns 122,046 shares of the business services provider’s stock worth $906,000 after acquiring an additional 14,490 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its holdings in National CineMedia by 13.8% during the second quarter. TIAA CREF Investment Management LLC now owns 311,124 shares of the business services provider’s stock worth $2,309,000 after acquiring an additional 37,700 shares during the period. Institutional investors and hedge funds own 86.37% of the company’s stock.

A number of brokerages recently commented on NCMI. Credit Suisse Group dropped their price target on National CineMedia from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, September 28th. B. Riley lowered National CineMedia from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $14.00 to $8.75 in a report on Tuesday, November 7th. Zacks Investment Research lowered National CineMedia from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. BidaskClub upgraded National CineMedia from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Finally, ValuEngine upgraded National CineMedia from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Two research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. The company has an average rating of “Hold” and an average target price of $7.90.

In other news, major shareholder General L.P. Standard bought 149,662 shares of the stock in a transaction on Wednesday, December 6th. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $989,265.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders acquired 810,940 shares of company stock worth $5,503,629. Corporate insiders own 5.40% of the company’s stock.

Shares of National CineMedia, Inc. (NCMI) traded up $0.01 on Thursday, hitting $6.35. The company’s stock had a trading volume of 331,300 shares, compared to its average volume of 557,818. The company has a market capitalization of $401.40, a price-to-earnings ratio of 19.24, a PEG ratio of 1.98 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 52-week low of $5.12 and a 52-week high of $15.25.

National CineMedia (NASDAQ:NCMI) last issued its earnings results on Monday, November 6th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The firm had revenue of $116.40 million for 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%. The business’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 earnings per share. equities analysts forecast that National CineMedia, Inc. will post 0.29 EPS for the current year.

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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.

Institutional Ownership by Quarter for National CineMedia (NASDAQ:NCMI)

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