Voya Investment Management LLC Cuts Stock Position in National CineMedia, Inc. $NCMI

Voya Investment Management LLC trimmed its holdings in National CineMedia, Inc. (NASDAQ:NCMI) by 29.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,459,391 shares of the business services provider’s stock after selling 621,366 shares during the period. Voya Investment Management LLC owned about 1.55% of National CineMedia worth $8,523,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in shares of National CineMedia by 502.0% in the first quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider’s stock worth $30,000 after purchasing an additional 4,237 shares during the last quarter. Strs Ohio bought a new stake in National CineMedia in the 1st quarter worth approximately $43,000. BNP Paribas Financial Markets purchased a new stake in shares of National CineMedia during the 4th quarter worth approximately $57,000. Kapitalo Investimentos Ltda bought a new position in shares of National CineMedia during the 1st quarter valued at approximately $63,000. Finally, CWM LLC grew its holdings in shares of National CineMedia by 66.9% in the first quarter. CWM LLC now owns 14,873 shares of the business services provider’s stock valued at $87,000 after purchasing an additional 5,961 shares in the last quarter. Institutional investors own 69.49% of the company’s stock.

Insider Buying and Selling

In other National CineMedia news, EVP Maria Vg Woods sold 9,038 shares of the firm’s stock in a transaction on Monday, June 30th. The stock was sold at an average price of $4.82, for a total transaction of $43,563.16. Following the transaction, the executive vice president directly owned 111,246 shares in the company, valued at $536,205.72. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.25% of the stock is owned by insiders.

National CineMedia Stock Down 2.9%

Shares of National CineMedia stock opened at $4.75 on Thursday. National CineMedia, Inc. has a 52 week low of $4.12 and a 52 week high of $7.60. The company has a market capitalization of $445.12 million, a PE ratio of -22.62 and a beta of 1.97. The stock’s fifty day moving average is $4.64 and its two-hundred day moving average is $5.19.

National CineMedia (NASDAQ:NCMI) last issued its 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 firm had revenue of $51.80 million during the quarter, compared to analyst estimates 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. As a group, research analysts anticipate that National CineMedia, Inc. will post -0.12 earnings per share for the current year.

National CineMedia Dividend Announcement

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

Analyst Upgrades and Downgrades

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

National CineMedia Company 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.