114,440 Shares in National CineMedia, Inc. (NASDAQ:NCMI) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in National CineMedia, Inc. (NASDAQ:NCMI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 114,440 shares of the business services provider’s stock, valued at approximately $760,000.

A number of other hedge funds have also recently added to or reduced their stakes in NCMI. Rhumbline Advisers lifted its holdings in shares of National CineMedia by 3.1% in the 4th quarter. Rhumbline Advisers now owns 107,069 shares of the business services provider’s stock worth $711,000 after purchasing an additional 3,219 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of National CineMedia by 1.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 476,468 shares of the business services provider’s stock valued at $3,164,000 after buying an additional 7,130 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of National CineMedia by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 728,915 shares of the business services provider’s stock valued at $4,840,000 after buying an additional 7,218 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of National CineMedia during the fourth quarter worth about $53,000. Finally, Oppenheimer Asset Management Inc. increased its position in shares of National CineMedia by 16.3% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 65,424 shares of the business services provider’s stock worth $434,000 after acquiring an additional 9,147 shares in the last quarter. Institutional investors and hedge funds own 69.49% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Blantyre Capital Ltd acquired 103,685 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average cost of $5.18 per share, for a total transaction of $537,088.30. Following the purchase, the insider now owns 10,310,433 shares in the company, valued at $53,408,042.94. This trade represents a 1.02 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Barrington Research reiterated an “outperform” rating and set a $7.00 price target on shares of National CineMedia in a research note on Friday, March 14th. StockNews.com raised National CineMedia from a “sell” rating to a “hold” rating in a research report on Tuesday, March 11th. Wedbush raised National CineMedia from a “neutral” rating to an “outperform” rating and set a $7.50 price target for the company in a research report on Friday, March 14th. William Blair reiterated a “neutral” rating and issued a $7.50 target price on shares of National CineMedia in a research note on Friday, March 7th. Finally, Benchmark reissued a “buy” rating and set a $8.00 price target on shares of National CineMedia in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $7.70.

National CineMedia Price Performance

Shares of NASDAQ:NCMI opened at $5.72 on Monday. National CineMedia, Inc. has a fifty-two week low of $4.12 and a fifty-two week high of $7.60. The company’s 50-day moving average is $6.37 and its 200 day moving average is $6.65. The company has a market capitalization of $544.60 million, a P/E ratio of -22.88 and a beta of 1.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.46 and a current ratio of 2.46.

National CineMedia (NASDAQ:NCMI) last released its earnings results on Thursday, March 6th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. National CineMedia had a negative return on equity of 2.61% and a negative net margin of 9.49%. The business had revenue of $86.30 million during the quarter, compared to the consensus estimate of $84.77 million. On average, equities research analysts forecast that National CineMedia, Inc. will post -0.12 earnings per share for the current year.

National CineMedia Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.03 per share. The ex-dividend date is Monday, March 24th. National CineMedia’s dividend payout ratio (DPR) is presently -52.17%.

About National CineMedia

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.