National CineMedia Inc. (NASDAQ:NCMI) COO Alfonso P. Rosabal, Jr. sold 2,615 shares of National CineMedia stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $16.01, for a total value of $41,866.15. Following the completion of the transaction, the chief operating officer now directly owns 177,697 shares of the company’s stock, valued at approximately $2,844,928.97. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

National CineMedia Inc. (NASDAQ:NCMI) traded down 1.39% during midday trading on Tuesday, hitting $15.60. 290,033 shares of the stock traded hands. The stock has a market cap of $933.71 million, a PE ratio of 53.98 and a beta of 0.87. The company has a 50-day moving average of $14.48 and a 200-day moving average of $14.85. National CineMedia Inc. has a 12 month low of $13.37 and a 12 month high of $16.33.

National CineMedia (NASDAQ:NCMI) last announced its earnings results on Monday, November 7th. The company reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. National CineMedia had a negative return on equity of 13.70% and a net margin of 3.92%. The firm had revenue of $113.50 million for the quarter, compared to analysts’ expectations of $114.52 million. During the same quarter in the previous year, the company earned $0.13 earnings per share. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. On average, equities research analysts anticipate that National CineMedia Inc. will post $0.42 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $0.88 annualized dividend and a yield of 5.64%. National CineMedia’s payout ratio is 314.30%.

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Several equities analysts have recently issued reports on the company. B. Riley reaffirmed a “buy” rating and issued a $18.75 price target (down previously from $20.00) on shares of National CineMedia in a research report on Tuesday, August 9th. Zacks Investment Research raised National CineMedia from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Thursday, November 10th. Wedbush reaffirmed an “outperform” rating and issued a $17.50 price target (down previously from $19.00) on shares of National CineMedia in a research report on Wednesday, August 10th. FBR & Co lowered their price target on National CineMedia from $18.50 to $17.00 and set an “outperform” rating for the company in a research report on Tuesday, August 9th. Finally, Benchmark Co. lifted their price target on National CineMedia from $17.81 to $18.08 and gave the stock a “buy” rating in a research report on Tuesday, November 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. National CineMedia presently has an average rating of “Buy” and a consensus target price of $18.06.

A number of large investors have recently made changes to their positions in the company. New Jersey Better Educational Savings Trust purchased a new stake in shares of National CineMedia during the second quarter valued at approximately $650,000. State of New Jersey Common Pension Fund D boosted its position in National CineMedia by 96.8% in the second quarter. State of New Jersey Common Pension Fund D now owns 610,000 shares of the company’s stock valued at $9,443,000 after buying an additional 300,000 shares in the last quarter. Palisade Capital Management LLC NJ boosted its position in National CineMedia by 6.2% in the second quarter. Palisade Capital Management LLC NJ now owns 256,635 shares of the company’s stock valued at $3,973,000 after buying an additional 15,027 shares in the last quarter. Mondrian Investment Partners LTD boosted its position in National CineMedia by 8.2% in the second quarter. Mondrian Investment Partners LTD now owns 282,576 shares of the company’s stock valued at $4,374,000 after buying an additional 21,358 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in National CineMedia by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 631,772 shares of the company’s stock valued at $9,779,000 after buying an additional 21,739 shares in the last quarter. 92.45% of the stock is currently owned by hedge funds and other institutional investors.

About National CineMedia

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

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