Investors sentiment increased to 1.07 in Q4 2018. Its up 0.09, from 0.98 in 2018Q3. It is positive, as 36 investors sold AMC Networks Inc. shares while 92 reduced holdings. 43 funds opened positions while 94 raised stakes. 49.14 million shares or 2.68% more from 47.85 million shares in 2018Q3 were reported.
Cwm has invested 0% in AMC Networks Inc. (NASDAQ:AMCX). Jpmorgan Chase And has invested 0% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). Texas Permanent School Fund owns 29,477 shares or 0.03% of their US portfolio. Apg Asset Mngmt Nv holds 421,600 shares or 0.04% of its portfolio. Gsa Capital Prns Llp holds 5,010 shares or 0.03% of its portfolio. Kbc Group Incorporated Nv reported 0.02% stake. Virginia Retirement Systems Et Al owns 28,200 shares. U S Glob Invsts Inc owns 15,115 shares or 0.48% of their US portfolio. Quantbot L P holds 0.04% in AMC Networks Inc. (NASDAQ:AMCX) or 8,100 shares. Mackay Shields Limited Liability Com has invested 0.04% in AMC Networks Inc. (NASDAQ:AMCX). Clearbridge Ltd Liability Corporation accumulated 7.49 million shares. Canada Pension Plan Investment Board reported 0.04% in AMC Networks Inc. (NASDAQ:AMCX). Sawgrass Asset Mngmt invested in 4,750 shares or 0.01% of the stock. 52,288 are owned by Bridgewater Associates Lp. Wells Fargo And Company Mn has 390,932 shares for 0.01% of their portfolio.
The stock of AMC Networks Inc. (NASDAQ:AMCX) is a huge mover today! The stock decreased 4.78% or $2.96 during the last trading session, reaching $58.98. About 1.39M shares traded or 124.32% up from the average. AMC Networks Inc. (NASDAQ:AMCX) has risen 23.50% since March 13, 2018 and is uptrending. It has outperformed by 19.13% the S&P500.
The move comes after 7 months negative chart setup for the $3.32B company. It was reported on Mar, 13 by Barchart.com. We have $55.44 PT which if reached, will make NASDAQ:AMCX worth $198.96M less.
Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on May, 9. They expect $2.80 earnings per share, up 5.66 % or $0.15 from last year’s $2.65 per share. AMCX’s profit will be $157.42M for 5.27 P/E if the $2.80 EPS becomes a reality. After $1.92 actual earnings per share reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts 45.83 % EPS growth.
AMC Networks Inc. (NASDAQ:AMCX) Ratings Coverage
Among 6 analysts covering AMC Networks (NASDAQ:AMCX), 0 have Buy rating, 2 Sell and 4 Hold. Therefore 0 are positive. AMC Networks had 6 analyst reports since October 4, 2018 according to SRatingsIntel. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Hold” rating by Deutsche Bank on Monday, November 5. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Hold” rating by Guggenheim on Thursday, February 28. The rating was maintained by JP Morgan on Friday, November 2 with “Neutral”. The rating was downgraded by Imperial Capital on Thursday, January 31 to “Underperform”. As per Thursday, October 4, the company rating was downgraded by Goldman Sachs. RBC Capital Markets maintained the shares of AMCX in report on Friday, March 1 with “Hold” rating.
More notable recent AMC Networks Inc. (NASDAQ:AMCX) news were published by: Benzinga.com which released: “How AMC (NASDAQ: AMCX) Plans To Reanimate ‘The Walking Dead’ For 10 More Years – Benzinga” on September 20, 2018, also Nasdaq.com with their article: “AMC Networks to Report First Quarter 2019 Results – Nasdaq” published on March 08, 2019, Nasdaq.com published: “What’s in Store for LKQ Corporation (LKQ) in Q4 Earnings? – Nasdaq” on February 26, 2019. More interesting news about AMC Networks Inc. (NASDAQ:AMCX) were released by: Seekingalpha.com and their article: “AMC Networks Q4 2018 Earnings Preview – Seeking Alpha” published on February 27, 2019 as well as Seekingalpha.com‘s news article titled: “AMC Networks +5.5% amid international strength in Q4 – Seeking Alpha” with publication date: February 28, 2019.
AMC Networks Inc. owns and operates various cable television’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company has market cap of $3.32 billion. The firm operates in two divisions, National Networks; and International and Other. It has a 7.79 P/E ratio. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.
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