National CineMedia, Inc. $NCMI Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its position in National CineMedia, Inc. (NASDAQ:NCMI) by 3.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,072 shares of the business services provider’s stock after selling 3,997 shares during the quarter. Rhumbline Advisers owned 0.11% of National CineMedia worth $602,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. MetLife Investment Management LLC raised its holdings in National CineMedia by 5.7% in the first quarter. MetLife Investment Management LLC now owns 39,857 shares of the business services provider’s stock valued at $233,000 after acquiring an additional 2,151 shares in the last quarter. Ieq Capital LLC increased its stake in National CineMedia by 21.4% in the first quarter. Ieq Capital LLC now owns 17,001 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 3,001 shares during the last quarter. GAMMA Investing LLC increased its stake in National CineMedia by 502.0% in the first quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 4,237 shares during the last quarter. CWM LLC increased its stake in 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 during the last quarter. Finally, ProShare Advisors LLC increased its stake in National CineMedia by 46.4% in the fourth quarter. ProShare Advisors LLC now owns 19,611 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 6,217 shares during the last quarter. Institutional investors and hedge funds own 69.49% of the company’s stock.

Wall Street Analysts Forecast Growth

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

National CineMedia Stock Performance

National CineMedia stock opened at $4.80 on Tuesday. National CineMedia, Inc. has a one year low of $4.12 and a one year high of $7.60. The business has a fifty day moving average of $4.64 and a two-hundred day moving average of $5.15. The company has a market cap of $449.81 million, a P/E ratio of -22.86 and a beta of 1.97.

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

National CineMedia Dividend Announcement

The company 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 -57.14%.

Insider Activity

In other news, EVP Maria Vg Woods sold 9,038 shares of National CineMedia 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 completion of the transaction, the executive vice president owned 111,246 shares of the company’s stock, valued at $536,205.72. The trade was a 7.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.40% of the stock is owned by company insiders.

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.