Amc Networks Inc (NASDAQ:AMCX) Holdings Increased by RWC Asset Management LLP

RWC Asset Management LLP lifted its holdings in shares of Amc Networks Inc (NASDAQ:AMCX) by 11.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,402 shares of the company’s stock after buying an additional 9,225 shares during the quarter. RWC Asset Management LLP owned about 0.16% of Amc Networks worth $4,906,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. LSV Asset Management lifted its position in shares of Amc Networks by 31.0% in the third quarter. LSV Asset Management now owns 2,670,585 shares of the company’s stock worth $177,166,000 after purchasing an additional 631,430 shares in the last quarter. TIAA CREF Investment Management LLC lifted its position in shares of Amc Networks by 5.1% in the third quarter. TIAA CREF Investment Management LLC now owns 796,711 shares of the company’s stock worth $52,854,000 after purchasing an additional 38,737 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Amc Networks by 20.4% in the third quarter. Dimensional Fund Advisors LP now owns 788,104 shares of the company’s stock worth $52,282,000 after purchasing an additional 133,602 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Amc Networks by 8.6% in the third quarter. Bank of New York Mellon Corp now owns 618,306 shares of the company’s stock worth $41,018,000 after purchasing an additional 48,769 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Amc Networks by 1.2% in the third quarter. Wells Fargo & Company MN now owns 398,880 shares of the company’s stock worth $26,461,000 after purchasing an additional 4,660 shares in the last quarter. Institutional investors own 88.25% of the company’s stock.

AMCX stock opened at $62.75 on Thursday. The company has a debt-to-equity ratio of 10.69, a quick ratio of 2.51 and a current ratio of 2.51. Amc Networks Inc has a 52 week low of $48.83 and a 52 week high of $69.02. The stock has a market capitalization of $3.46 billion, a P/E ratio of 8.51, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91.

AMCX has been the topic of several analyst reports. BidaskClub raised shares of Amc Networks from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 11th. Zacks Investment Research lowered shares of Amc Networks from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Wolfe Research initiated coverage on shares of Amc Networks in a research report on Friday, December 7th. They set an “underperform” rating on the stock. Deutsche Bank upped their price target on shares of Amc Networks from $55.00 to $60.00 and gave the stock a “hold” rating in a research report on Monday, November 5th. Finally, ValuEngine raised shares of Amc Networks from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. Amc Networks presently has a consensus rating of “Hold” and an average target price of $62.94.

TRADEMARK VIOLATION WARNING: This report was first reported by Baseball Daily News and is owned by of Baseball Daily News. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/02/14/rwc-asset-management-llp-increases-position-in-amc-networks-inc-amcx.html.

Amc Networks Company Profile

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 operates in two segments, National Networks; and International and Other. 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.

Featured Article: How Do You Calculate Return on Investment (ROI)?

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

Receive News & Ratings for Amc Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amc Networks and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply