Amc Networks Inc (NASDAQ:AMCX) Institutional Investors 2017 Q2 Sentiment

AMC Networks Wins A New Bull

Cowen and Company restated a "hold" rating and issued a $53.00 price target on shares of AMC Networks in a research note on Thursday, September 21st.

AMC Networks Inc. now has a P/E ratio of 11.82 and the market cap is 3.44B. It closed at $57.85 lastly. The stock increased 0.24% or $0.08 on October 11, reaching $31.83. It has underperformed by 28.12% the S&P500. The company's revenue for the quarter was up 3.8% on a year-over-year basis.

The company is so far trading down by 6.29% percent from yesterday's close and is one of the laggers in today's market. It closed at $86.5 lastly. It has outperformed by 11.98% the S&P500.

Analysts await Primerica, Inc. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 8.42. As of the latest earnings report the EPS was $4.58 and is estimated to be $6.67 for the current year with 63,565,000 shares outstanding. AMCX's profit will be $72.44 million for 12.11 P/E if the $1.14 EPS becomes a reality.

Amc Networks Inc (NASDAQ:AMCX) institutional sentiment decreased to 1.08 in 2017 Q2. (NYSE:GCP), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 29% are positive. (NASDAQ:AMCX), with 3 analysts believing it is a strong buy. Wedbush maintained the stock with "Neutral" rating in Tuesday, February 21 report. The company was maintained on Tuesday, April 11 by Wood. The stock of Republic Services, Inc. The third largest holder is Vanguard Group Inc, which now holds $257.22 million worth of this stock and that ownership represents almost 7.52% of its market capitalization. Stifel Nicolaus maintained the shares of RSG in report on Monday, August 7 with "Buy" rating. As per Wednesday, September 9, the company rating was reinitiated by Keefe Bruyette & Woods. The rating was initiated by Seaport Global on Friday, January 20 with "Buy". Keefe Bruyette & Woods maintained Primerica, Inc. Loop Capital initiated the stock with "Hold" rating in Tuesday, August 9 report. Ameritas Investment Ptnrs holds 16,583 shares or 0.04% of its portfolio. Phocas Fincl holds 0.72% of its portfolio in Primerica, Inc. (NYSE:RSG) for 5,125 shares. Natixis has invested 0% of its portfolio in Primerica, Inc. James reported 20,700 shares. Louisiana State Employees Retirement System now owns 14,400 shares of the company's stock valued at $769,000 after buying an additional 200 shares during the last quarter. New York-based Citigroup has invested 0% in AMC Networks Inc (NASDAQ:AMCX). Spark Inv Mngmt reported 93,300 shares. Days to cover decreased -2.0 to 10.0 and the percentage of shorted shares is 0.10% as of September 15. Thompson Davis Communication invested in 56 shares or 0% of the stock. Fiera Corp invested in 0.05% or 131,390 shares. GCP Applied Technologies Inc (NYSE:GCP) has 0.00% since October 11, 2016 and is. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,161,927 shares of the stock are valued at $298 million. It also reduced its holding in Baidu Inc (NASDAQ:BIDU) by 7,433 shares in the quarter, leaving it with 19,344 shares, and cut its stake in Constellation Brands Inc (NYSE:STZ). On October 10, 2017 Wells Fargo began coverage with a rating of "Outperform".

Investors are a little more bearish on shares of AMC Networks Inc. lately as inferred by the change in short interest. Its down 0.02, from 1.1 in 2017Q1. It dived, as 37 investors sold AMCX shares while 93 reduced holdings. About shares traded. AMC Networks Inc (NASDAQ:AMCX) has declined 17.50% since October 11, 2016 and is downtrending.

AMC Networks (NASDAQ AMCX) opened at 53.795 on Wednesday. Cornerstone Advsr holds 75 shares. Jefferies Group LLC reissued a "hold" rating and set a $65.00 price objective (up from $60.00) on shares of AMC Networks in a research report on Friday, August 4th. Panagora Asset Mngmt Inc stated it has 213,371 shares or 0.05% of all its holdings. World Asset Management Inc now owns 3,972 shares of the company's stock worth $212,000 after buying an additional 12 shares during the period. Moreover, Omega Advisors Inc. has 1.97% invested in the company for 885,185 shares. Product Ltd Com holds 0.24% of its portfolio in AMC Networks Inc (NASDAQ:AMCX) for 112,800 shares. Teachers Retirement Systems Of The State Of Kentucky reported 0.01% stake. Spark Limited Liability Corp reported 0.31% of its portfolio in AMC Networks Inc (NASDAQ:AMCX). Ct Mason, a Massachusetts-based fund reported 67,285 shares.#img1#. Lpl Lc reported 13,845 shares.

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