Capital One National Association Has $341,000 Holdings in AMC Networks Inc (AMCX)

Capital One National Association cut its stake in shares of AMC Networks Inc (NASDAQ:AMCX) by 14.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,319 shares of the company’s stock after selling 1,052 shares during the quarter. Capital One National Association’s holdings in AMC Networks were worth $341,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. RWC Asset Management LLP lifted its holdings in shares of AMC Networks by 14.5% during the fourth quarter. RWC Asset Management LLP now owns 62,067 shares of the company’s stock valued at $3,357,000 after acquiring an additional 7,843 shares during the period. Accident Compensation Corp bought a new position in shares of AMC Networks during the fourth quarter valued at $487,000. California Public Employees Retirement System lifted its holdings in shares of AMC Networks by 10.5% during the fourth quarter. California Public Employees Retirement System now owns 157,618 shares of the company’s stock valued at $8,524,000 after acquiring an additional 14,974 shares during the period. River Road Asset Management LLC bought a new position in shares of AMC Networks during the fourth quarter valued at $13,522,000. Finally, Teacher Retirement System of Texas lifted its holdings in shares of AMC Networks by 295.2% during the fourth quarter. Teacher Retirement System of Texas now owns 18,136 shares of the company’s stock valued at $981,000 after acquiring an additional 13,547 shares during the period. 86.93% of the stock is owned by institutional investors.

Shares of AMC Networks Inc (NASDAQ:AMCX) opened at $52.54 on Thursday. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 37.53. The firm has a market capitalization of $3,191.51, a price-to-earnings ratio of 7.41, a PEG ratio of 0.94 and a beta of 0.91. AMC Networks Inc has a 12 month low of $46.89 and a 12 month high of $67.61.

A number of research analysts have issued reports on AMCX shares. Loop Capital cut their price objective on AMC Networks from $61.00 to $60.00 and set a “hold” rating for the company in a report on Thursday, October 19th. Morgan Stanley lowered their target price on AMC Networks from $60.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 31st. Piper Jaffray Companies set a $60.00 target price on AMC Networks and gave the company a “hold” rating in a research note on Wednesday, November 1st. Jefferies Group lowered their target price on AMC Networks from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Friday, November 3rd. Finally, TheStreet lowered AMC Networks from a “b-” rating to a “c” rating in a research note on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company’s stock. AMC Networks has a consensus rating of “Hold” and a consensus price target of $62.42.

COPYRIGHT VIOLATION WARNING: “Capital One National Association Has $341,000 Holdings in AMC Networks Inc (AMCX)” was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark laws. The legal version of this news story can be read at https://www.chaffeybreeze.com/2018/02/15/capital-one-national-association-has-341000-holdings-in-amc-networks-inc-amcx.html.

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.

Want to see what other hedge funds are holding AMCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMC Networks Inc (NASDAQ:AMCX).

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

Receive News & Ratings for AMC Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Networks and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply