Brown Advisory Inc. acquired a new position in shares of AMC Networks Inc. (NASDAQ:AMCX) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,477 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also added to or reduced their stakes in the company. World Asset Management Inc lifted its holdings in shares of AMC Networks by 0.3% in the 2nd quarter. World Asset Management Inc now owns 3,972 shares of the company’s stock valued at $212,000 after purchasing an additional 12 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of AMC Networks by 637.9% in the 2nd quarter. Canada Pension Plan Investment Board now owns 46,486 shares of the company’s stock valued at $2,483,000 after purchasing an additional 40,186 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of AMC Networks by 19.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 306,966 shares of the company’s stock valued at $16,396,000 after purchasing an additional 49,899 shares during the last quarter. Foundry Partners LLC purchased a new stake in shares of AMC Networks in the 2nd quarter valued at about $2,008,000. Finally, First Trust Advisors LP lifted its holdings in shares of AMC Networks by 353.3% in the 2nd quarter. First Trust Advisors LP now owns 60,544 shares of the company’s stock valued at $3,234,000 after purchasing an additional 47,189 shares during the last quarter. 86.95% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on AMCX shares. Piper Jaffray Companies set a $60.00 target price on AMC Networks and gave the company a “hold” rating in a report on Wednesday, November 1st. Jefferies Group reduced their price objective 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. Loop Capital reduced their price objective on AMC Networks from $61.00 to $60.00 and set a “hold” rating for the company in a research note on Thursday, October 19th. Cowen reaffirmed a “hold” rating and set a $53.00 price objective on shares of AMC Networks in a research note on Thursday, September 21st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of AMC Networks in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. AMC Networks has an average rating of “Hold” and a consensus target price of $61.73.

Shares of AMC Networks Inc. (NASDAQ:AMCX) opened at $53.74 on Thursday. The firm has a market capitalization of $3,349.88, a P/E ratio of 7.78, a P/E/G ratio of 1.01 and a beta of 1.10. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 37.53. AMC Networks Inc. has a fifty-two week low of $46.89 and a fifty-two week high of $67.61.

AMC Networks (NASDAQ:AMCX) last announced its earnings results on Thursday, November 2nd. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.53. The firm had revenue of $648.00 million for the quarter, compared to analysts’ expectations of $660.79 million. AMC Networks had a return on equity of 948.45% and a net margin of 12.12%. AMC Networks’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.11 EPS. analysts expect that AMC Networks Inc. will post 7.01 earnings per share for the current year.

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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.

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

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