National CineMedia Inc. (NASDAQ:NCMI) COO Alfonso P. Rosabal, Jr. sold 2,615 shares of the company’s stock in a transaction on Friday, November 25th. The shares were sold at an average price of $16.01, for a total transaction of $41,866.15. Following the sale, the chief operating officer now directly owns 177,697 shares in the company, valued at approximately $2,844,928.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

National CineMedia Inc. (NASDAQ:NCMI) opened at 15.60 on Wednesday. The firm’s 50-day moving average is $14.48 and its 200 day moving average is $14.85. The company has a market capitalization of $933.71 million, a PE ratio of 53.98 and a beta of 0.87. National CineMedia Inc. has a one year low of $13.37 and a one year high of $16.33.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings data on Monday, November 7th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. National CineMedia had a negative return on equity of 13.70% and a net margin of 3.92%. The company had revenue of $113.50 million for the quarter, compared to analyst estimates of $114.52 million. During the same quarter last year, the firm posted $0.13 EPS. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, equities analysts expect that National CineMedia Inc. will post $0.42 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Stockholders of record on Friday, November 18th will be issued a dividend of $0.22 per share. The ex-dividend date is Wednesday, November 16th. This represents a $0.88 annualized dividend and a dividend yield of 5.64%. National CineMedia’s dividend payout ratio is presently 314.30%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in National CineMedia by 5.3% in the second quarter. Vanguard Group Inc. now owns 4,438,472 shares of the company’s stock valued at $68,708,000 after buying an additional 221,533 shares in the last quarter. Stephens Investment Management Group LLC raised its position in National CineMedia by 4.5% in the third quarter. Stephens Investment Management Group LLC now owns 3,399,380 shares of the company’s stock valued at $50,039,000 after buying an additional 145,119 shares in the last quarter. Weitz Investment Management Inc. raised its position in National CineMedia by 0.5% in the second quarter. Weitz Investment Management Inc. now owns 2,286,953 shares of the company’s stock valued at $35,402,000 after buying an additional 10,321 shares in the last quarter. Dimensional Fund Advisors LP raised its position in National CineMedia by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,040,211 shares of the company’s stock valued at $31,581,000 after buying an additional 27,055 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its position in National CineMedia by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,628,216 shares of the company’s stock valued at $25,205,000 after buying an additional 27,370 shares in the last quarter. Institutional investors and hedge funds own 92.45% of the company’s stock.

NCMI has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of National CineMedia from a “sell” rating to a “hold” rating in a research report on Friday, August 5th. Benchmark Co. boosted their price objective on shares of National CineMedia from $17.81 to $18.08 and gave the company a “buy” rating in a research report on Tuesday, November 8th. Wedbush reiterated an “outperform” rating and set a $17.50 price objective (down previously from $19.00) on shares of National CineMedia in a research report on Wednesday, August 10th. FBR & Co cut their price objective on shares of National CineMedia from $18.50 to $17.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 9th. Finally, B. Riley restated a “buy” rating and issued a $18.75 price target on shares of National CineMedia in a report on Sunday, November 13th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $18.06.

About National CineMedia

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

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