National CineMedia, Inc. (NASDAQ:NCMI) Given Consensus Rating of “Hold” by Analysts

National CineMedia, Inc. (NASDAQ:NCMI) has been assigned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $5.80.

NCMI has been the topic of several recent analyst reports. B. Riley Financial cut their price objective on shares of National CineMedia from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of National CineMedia in a research note on Monday, December 29th. Zacks Research raised shares of National CineMedia from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 18th. Barrington Research decreased their price objective on shares of National CineMedia from $6.50 to $5.50 and set an “outperform” rating for the company in a report on Monday, January 26th. Finally, Wedbush reiterated an “outperform” rating and set a $6.00 target price (down from $7.00) on shares of National CineMedia in a research note on Friday, October 31st.

Insider Activity at National CineMedia

In related news, EVP Maria Vg Woods sold 9,043 shares of National CineMedia stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $3.89, for a total value of $35,177.27. Following the completion of the sale, the executive vice president directly owned 129,330 shares in the company, valued at approximately $503,093.70. This trade represents a 6.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.25% of the stock is owned by company insiders.

Hedge Funds Weigh In On National CineMedia

Hedge funds and other institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. lifted its stake in shares of National CineMedia by 2.2% during the 2nd quarter. American Century Companies Inc. now owns 145,233 shares of the business services provider’s stock valued at $704,000 after buying an additional 3,110 shares in the last quarter. EntryPoint Capital LLC lifted its position in shares of National CineMedia by 8.1% in the fourth quarter. EntryPoint Capital LLC now owns 55,439 shares of the business services provider’s stock valued at $216,000 after acquiring an additional 4,142 shares in the last quarter. Inscription Capital LLC boosted its stake in shares of National CineMedia by 32.7% in the fourth quarter. Inscription Capital LLC now owns 17,214 shares of the business services provider’s stock worth $67,000 after acquiring an additional 4,246 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of National CineMedia by 16.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 38,712 shares of the business services provider’s stock worth $151,000 after purchasing an additional 5,390 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC grew its position in shares of National CineMedia by 4.6% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 124,626 shares of the business services provider’s stock worth $485,000 after purchasing an additional 5,440 shares in the last quarter. Institutional investors own 69.49% of the company’s stock.

National CineMedia Trading Up 2.8%

NASDAQ NCMI opened at $3.32 on Friday. National CineMedia has a 12 month low of $3.17 and a 12 month high of $7.00. The stock’s fifty day moving average price is $3.73 and its 200-day moving average price is $4.14. The stock has a market cap of $311.52 million, a P/E ratio of -22.13 and a beta of 1.38.

National CineMedia Company Profile

National CineMedia, Inc is a leading U.S. out-of-home media company specializing in cinema advertising. The firm operates a proprietary network that delivers high-impact advertising content to moviegoers across a broad footprint of theaters, offering brands a targeted and immersive way to engage audiences in a captive, distraction-free environment.

Founded in 2003 and headquartered in Centennial, Colorado, National CineMedia began as a joint venture among several major exhibition chains.