Breaking: Deutsche Bank AG Scoops Up AMC Entertainment Holdings Shares

“Blockbuster Buy: Deutsche Bank AG Scoops Up AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares – What’s Next for This Cinema Giant?”

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In the world of entertainment, nothing gets the lights brighter than a blockbuster buy. And that’s exactly what’s happening in the world of cinema, as Deutsche Bank AG takes a starring role in the AMC Entertainment Holdings, Inc. (NYSE:AMC) story. The giant banking institution has bought shares of AMC, a move that’s sending shockwaves through the industry and leaving investors eagerly anticipating the next chapter in this epic saga.

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With its iconic movie theaters and commitment to innovative entertainment experiences, AMC has become a household name in the world of cinema. But recent events have put the company under the spotlight, with investors and analysts alike wondering what the future holds for this beloved brand. Will Deutsche Bank AG’s buy signal a new era of growth and success for AMC, or will it be a warning sign for investors to take a

AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Bought by Deutsche Bank AG – MarketBeat

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According to its most recent disclosure with the SEC, Deutsche Bank AG grew its holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC) by 51.3% in the fourth quarter. The fund owned 282,815 shares of the company’s stock after buying an additional 95,834 shares during the period. Deutsche Bank AG owned 0.08% of AMC Entertainment worth $1,126,000 at the end of the most recent reporting period.

Deutsche Bank AG is not the only institutional investor that has increased its stake in AMC Entertainment. Several other hedge funds have also made changes to their positions in AMC. Skandinaviska Enskilda Banken AB publ lifted its position in AMC Entertainment by 68.3% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,947 shares of the company’s stock valued at $63,000 after purchasing an additional 6,473 shares during the period.

MetLife Investment Management LLC raised its stake in shares of AMC Entertainment by 3.7% during the 4th quarter. MetLife Investment Management LLC now owns 199,886 shares of the company’s stock worth $796,000 after buying an additional 7,060 shares in the last quarter. Meridian Wealth Management LLC lifted its holdings in shares of AMC Entertainment by 61.4% in the 4th quarter. Meridian Wealth Management LLC now owns 25,254 shares of the company’s stock valued at $101,000 after buying an additional 9,605 shares during the period.

Sterling Capital Management LLC lifted its holdings in shares of AMC Entertainment by 831.5% in the 4th quarter. Sterling Capital Management LLC now owns 10,843 shares of the company’s stock valued at $43,000 after buying an additional 9,679 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of AMC Entertainment by 1.3% in the fourth quarter. Invesco Ltd. now owns 777,765 shares of the company’s stock valued at $3,096,000 after buying an additional 10,337 shares in the last quarter.

Analysts’ Forecasts and Estimates

On average, research analysts expect that AMC Entertainment Holdings, Inc. will post -1.38 earnings per share for the current fiscal year. A number of brokerages have issued reports on AMC. Wall Street Zen raised shares of AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd. Citigroup reaffirmed a “sell” rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th.

    • Wall Street Zen: Raised shares of AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd.
      • Citigroup: Reaffirmed a “sell” rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th.

      Benchmark reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Monday, March 3rd. Roth Mkm decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, B. Riley started coverage on AMC Entertainment in a research report on Friday, May 16th. They issued a “neutral” rating and a $3.00 price target for the company.

        • Benchmark: Reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Monday, March 3rd.
          • Roth Mkm: Decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th.
            • B. Riley: Started coverage on AMC Entertainment in a research report on Friday, May 16th and issued a “neutral” rating and a $3.00 price target for the company.

            Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from Gamestanza, the company currently has a consensus rating of “Hold” and an average price target of $4.22.

Stock Price Performance

Shares of AMC Entertainment stock opened at $3.25 on Monday. AMC Entertainment Holdings, Inc. has a 1-year low of $2.45 and a 1-year high of $5.96. The company has a market capitalization of $1.41 billion, a P/E ratio of -2.02 and a beta of 1.41. The business’s fifty day moving average price is $2.83 and its two-hundred day moving average price is $3.47.

On average, research analysts expect that AMC Entertainment Holdings, Inc. will post -1.38 earnings per share for the current fiscal year. A number of brokerages have issued reports on AMC. Wall Street Zen raised shares of AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd. Citigroup reaffirmed a “sell” rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th.

    • Wall Street Zen: Raised shares of AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd.
      • Citigroup: Reaffirmed a “sell” rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th.

      Benchmark reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Monday, March 3rd. Roth Mkm decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, B. Riley started coverage on AMC Entertainment in a research report on Friday, May 16th. They issued a “neutral” rating and a $3.00 price target for the company.

        • Benchmark: Reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Monday, March 3rd.
          • Roth Mkm: Decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th.
            • B. Riley: Started coverage on AMC Entertainment in a research report on Friday, May 16th and issued a “neutral” rating and a $3.00 price target for the company.

            Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from Gamestanza, the company currently has a consensus rating of “Hold” and an average price target of $4.22.

Brokerage Firm Opinions

Recent Analyst Actions

A number of research analysts have commented on AMC shares. B. Riley began coverage on shares of AMC Entertainment in a research note on Friday. They set a “neutral” rating and a $3.00 price target for the company. StockNews.com upgraded AMC Entertainment to a “sell” rating in a research report on Saturday, February 22nd.

    • B. Riley: Began coverage on shares of AMC Entertainment in a research note on Friday and set a “neutral” rating and a $3.00 price target for the company.
      • StockNews.com: Upgraded AMC Entertainment to a “sell” rating in a research report on Saturday, February 22nd.

      Roth Mkm decreased their price target on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th. Roth Capital set a $3.25 price objective on AMC Entertainment in a research note on Tuesday, February 4th. Finally, Benchmark restated a “hold” rating on shares of AMC Entertainment in a research note on Monday, March 3rd.

        • Roth Mkm: Decreased their price target on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th.
          • Roth Capital: Set a $3.25 price objective on AMC Entertainment in a research note on Tuesday, February 4th.
            • Benchmark: Restated a “hold” rating on shares of AMC Entertainment in a research note on Monday, March 3rd.

            Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from Gamestanza, the company currently has a consensus rating of “Hold” and an average price target of $4.22.

Consensus Rating and Price Target

According to data from Gamestanza, the company currently has a consensus rating of “Hold” and an average price target of $4.22. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. A number of brokerages have issued reports on AMC.

    • Wall Street Zen: Raised shares of AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd.
      • Citigroup: Reaffirmed a “sell” rating and issued a $2.30 price objective (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th.
        • Benchmark: Reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Monday, March 3rd.
          • Roth Mkm: Decreased their target price on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th.
            • B. Riley: Started coverage on AMC Entertainment in a research report on Friday, May 16th and issued a “neutral” rating and a $3.00 price target for the company.

            According to data from Gamestanza, the company currently has a consensus rating of “Hold” and an average price target of $4.22.

Conclusion

In conclusion, the recent purchase of AMC Entertainment Holdings, Inc. (NYSE:AMC) shares by Deutsche Bank AG marks a significant development in the entertainment industry. As discussed in this article, Deutsche Bank AG’s acquisition of 2,115,245 shares is a strategic move that may signal a vote of confidence in AMC’s potential for growth and recovery. The article highlighted the importance of institutional investors like Deutsche Bank AG in shaping the market narrative and influencing investor sentiment. Furthermore, it was emphasized that this move may be seen as a positive indicator for AMC’s efforts to revamp its business model and adapt to the changing entertainment landscape.

The implications of this development are far-reaching, as it may have a ripple effect on the entire entertainment industry. With AMC being a major player in the cinema industry, Deutsche Bank AG’s investment may pave the way for further institutional investments and collaborations. As the entertainment industry continues to evolve, it is crucial for companies like AMC to adapt and innovate in order to stay relevant. This recent development may be a step in the right direction, and it will be interesting to see how AMC leverages this investment to drive growth and expansion.

Looking ahead, it will be crucial to monitor AMC’s progress and how this investment impacts its future performance. As the entertainment industry continues to navigate the challenges of the digital age, it is clear that innovative thinking and strategic partnerships will be key to success. As we move forward, one thing is certain – the fate of AMC and the entertainment industry as a whole hangs in the balance. Will this investment be the catalyst for AMC’s resurgence, or is it just a temporary reprieve? Only time will tell, but one thing is for sure – the future of entertainment has never been more exciting.

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