Chartwell Investment Partners LLC raised its holdings in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,200 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Chartwell Investment Partners LLC’s holdings in Cinemark were worth $4,115,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. The Manufacturers Life Insurance Company raised its stake in Cinemark by 10.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 290,297 shares of the company’s stock valued at $10,109,000 after acquiring an additional 26,593 shares in the last quarter. First Trust Advisors LP raised its stake in Cinemark by 27.5% during the 4th quarter. First Trust Advisors LP now owns 200,005 shares of the company’s stock valued at $6,964,000 after acquiring an additional 43,122 shares in the last quarter. Barings LLC bought a new stake in Cinemark during the 4th quarter valued at $1,062,000. New Mexico Educational Retirement Board bought a new stake in Cinemark during the 4th quarter valued at $912,000. Finally, Swiss National Bank raised its stake in Cinemark by 1.9% during the 4th quarter. Swiss National Bank now owns 178,500 shares of the company’s stock valued at $6,215,000 after acquiring an additional 3,300 shares in the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.
Cinemark Holdings, Inc. (NYSE:CNK) opened at $39.03 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.50 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $4,545.70, a price-to-earnings ratio of 18.67, a P/E/G ratio of 1.08 and a beta of 1.15. Cinemark Holdings, Inc. has a 1-year low of $32.03 and a 1-year high of $44.84.
In related news, Director Lee Roy Mitchell sold 174,607 shares of Cinemark stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $36.72, for a total value of $6,411,569.04. Following the transaction, the director now directly owns 5,528,843 shares in the company, valued at approximately $203,019,114.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Tom Owens sold 9,213 shares of Cinemark stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $36.00, for a total value of $331,668.00. Following the completion of the transaction, the executive vice president now owns 42,722 shares in the company, valued at $1,537,992. The disclosure for this sale can be found here. Insiders sold a total of 483,820 shares of company stock worth $17,672,093 over the last 90 days. Insiders own 9.10% of the company’s stock.
WARNING: This piece was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this piece can be viewed at https://www.com-unik.info/2018/02/19/cinemark-holdings-inc-cnk-holdings-increased-by-chartwell-investment-partners-llc.html.
Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.
Want to see what other hedge funds are holding CNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cinemark Holdings, Inc. (NYSE:CNK).
Receive News & Ratings for Cinemark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cinemark and related companies with MarketBeat.com's FREE daily email newsletter.