Goldman Sachs Group Inc. Raises Stock Position in National CineMedia, Inc. $NCMI

Goldman Sachs Group Inc. increased its holdings in shares of National CineMedia, Inc. (NASDAQ:NCMI) by 21.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 683,614 shares of the business services provider’s stock after purchasing an additional 120,079 shares during the period. Goldman Sachs Group Inc. owned approximately 0.72% of National CineMedia worth $3,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of National CineMedia by 5.6% during the first quarter. Vanguard Group Inc. now owns 4,358,287 shares of the business services provider’s stock worth $25,452,000 after purchasing an additional 232,702 shares during the last quarter. Wellington Management Group LLP increased its holdings in National CineMedia by 21.1% in the first quarter. Wellington Management Group LLP now owns 3,538,933 shares of the business services provider’s stock valued at $20,667,000 after buying an additional 615,417 shares in the last quarter. Northern Trust Corp increased its holdings in National CineMedia by 2.5% in the fourth quarter. Northern Trust Corp now owns 657,802 shares of the business services provider’s stock valued at $4,368,000 after buying an additional 16,297 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in National CineMedia by 18.4% in the first quarter. Harbor Capital Advisors Inc. now owns 564,030 shares of the business services provider’s stock valued at $3,294,000 after buying an additional 87,562 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in National CineMedia by 59.8% in the first quarter. AQR Capital Management LLC now owns 488,025 shares of the business services provider’s stock valued at $2,850,000 after buying an additional 182,548 shares in the last quarter. Hedge funds and other institutional investors own 69.49% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Maria Vg Woods sold 9,038 shares of the company’s stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $4.82, for a total transaction of $43,563.16. Following the sale, the executive vice president directly owned 111,246 shares of the company’s stock, valued at $536,205.72. This represents a 7.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.25% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NCMI shares. Wedbush set a $7.00 price objective on shares of National CineMedia and gave the company an “outperform” rating in a report on Monday, August 4th. Benchmark cut their price objective on shares of National CineMedia from $8.00 to $7.00 and set a “buy” rating for the company in a report on Wednesday, June 25th. Finally, Zacks Research raised shares of National CineMedia from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 3rd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $6.90.

National CineMedia Stock Performance

National CineMedia stock opened at $4.75 on Thursday. The company’s 50 day simple moving average is $4.64 and its 200-day simple moving average is $5.19. The company has a market capitalization of $445.12 million, a price-to-earnings ratio of -22.62 and a beta of 1.97. National CineMedia, Inc. has a 1 year low of $4.12 and a 1 year high of $7.60.

National CineMedia (NASDAQ:NCMI) last released its quarterly earnings results on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). The business had revenue of $51.80 million for the quarter, compared to the consensus estimate of $59.45 million. National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. National CineMedia has set its Q3 2025 guidance at EPS. Equities analysts expect that National CineMedia, Inc. will post -0.12 earnings per share for the current year.

National CineMedia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, August 15th. National CineMedia’s dividend payout ratio is presently -57.14%.

National CineMedia Profile

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.