Roosevelt Investment Group Inc. purchased a new stake in AMC Entertainment Holdings Inc (NYSE:AMC) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 13,308 shares of the company’s stock, valued at approximately $163,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new stake in shares of AMC Entertainment in the 4th quarter valued at approximately $75,000. Hollencrest Capital Management bought a new position in AMC Entertainment during the 3rd quarter worth $208,000. Summit Securities Group LLC bought a new position in AMC Entertainment during the 3rd quarter worth $211,000. Castle Creek Arbitrage LLC grew its stake in AMC Entertainment by 20.9% during the 4th quarter. Castle Creek Arbitrage LLC now owns 17,320 shares of the company’s stock worth $213,000 after buying an additional 3,000 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new position in AMC Entertainment during the 3rd quarter worth $218,000. Institutional investors and hedge funds own 37.86% of the company’s stock.
Shares of AMC Entertainment stock opened at $13.26 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 4.27. The firm has a market capitalization of $1.65 billion, a PE ratio of -14.90, a PEG ratio of 4.27 and a beta of 0.98. AMC Entertainment Holdings Inc has a fifty-two week low of $11.66 and a fifty-two week high of $21.45.
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AMC Entertainment Profile
AMC Entertainment Holdings, Inc, through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.
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