Amc Networks Inc (NASDAQ:AMCX) Institutional Investor Sentiment Trend

This buyback authorization allows the company to purchase up to 13.9% of its stock through open market purchases. The hedge fund held 348,863 shares of the consumer electronics and appliances company at the end of 2016Q4, valued at $11.02 million, up from 338,389 at the end of the previous reported quarter.

The stock decreased 0.93% or $0.53 on September 8, reaching $56.61. It has underperformed by 24.16% the S&P500. The value of the company’s investment in AMC Networks Inc. went from $17,409,000 to $20,872,000 increasing 19.9% for the reporting period. Horizon Kinetics Llc acquired 214,788 shares as Amc Networks Inc (AMCX)’s stock declined 4.67%. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,164 shares of the company’s stock valued at $116,000 after buying an additional 181 shares in the last quarter.

Investors are feeling more bullish on shares of AMC Networks Inc.at least if you consider the fall in short interest. The stock rose 0.37% or $0.21 reaching $56.82. Hightower Advisors Limited Liability Company holds 0% or 4,338 shares in its portfolio. Sibanye Gold Ltd (ADR) (NYSE:SBGL) has declined 32.66% since September 9, 2016 and is downtrending. It has underperformed by 34.20% the S&P500.

Among 2 analysts covering Sibanye Gold (NYSE:SBGL), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 48% are positive. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by $0.01. Goldman Sachs has “Buy” rating and $73 target. As per Tuesday, March 15, the company rating was downgraded by Macquarie Research. Moffett Nathanson reiterated a “sell” rating on shares of AMC Networks in a research report on Friday, June 9th. The company has a market capitalization of $3.64 billion, a P/E ratio of 12.51 and a beta of 1.09. Tricadia Capital Management Llc owns 165,000 shares or 2.69% of their U.S. portfolio. Jefferies Group LLC restated a “hold” rating and issued a $60.00 price target on shares of AMC Networks in a research report on Monday, July 10th.

The Company’s Training and Simulation Division develops, makes and markets multimedia and interactive digital solutions for engineering, use-of-force training and operator training of military, law enforcement, security, emergency services and other personnel. Hancock Holdg reported 27,715 shares or 0.02% of all its holdings. The insider Beattie William G bought 4,000 shares worth $110,800.

Investors sentiment decreased to 1.12 in 2016 Q4. It worsened, as 68 investors sold GE shares while 818 reduced holdings. Knott David M reported 2,500 shares stake. Raymond James Finance Advsrs invested in 23,290 shares. Moore Management Lp holds 2.00 million shares. Kempner Mngmt accumulated 314,637 shares. About 3.17M shares traded or 7.09% up from the average. Moreover, Kanaly Tru Com has 0% invested in AMC Networks Inc (NASDAQ:AMCX). Cypress Capital Gp holds 1.41% or 187,915 shares in its portfolio. (NASDAQ:FTD) stake by 255,796 shares to 1.87 million valued at $44.61 million in 2016Q4. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in AMC Networks by 9.1% in the second quarter. ValuEngine lowered shares of AMC Networks from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Therefore 33% are positive.

AMC Networks (NASDAQ:AMCX) last posted its earnings results on Thursday, August 3rd.

Among 29 analysts covering Bank of America (NYSE:BAC), 19 have Buy rating, 0 Sell and 10 Hold. The stock has “Buy” rating by Evercore on Thursday, September 24. Also, the current price highlights a discount of 36.14% to analysts’ high consensus price target. The company was maintained on Friday, August 7 by Albert Fried. The company was upgraded on Monday, October 26 by Credit Agricole. The rating was upgraded by Robert W. Baird on Tuesday, August 25 to “Neutral”. The stock of AMC Networks Inc (NASDAQ:AMCX) has “Buy” rating given on Wednesday, July 20 by Stifel Nicolaus.

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.02, from 1.1 in 2016Q3.

Want to see what other hedge funds are holding AMCX? 50 funds opened positions while 79 raised stakes. It also upped Mead Johnson Nutrition Co (NYSE:MJN) stake by 5,391 shares and now owns 10,780 shares. Northwestern Mutual Wealth Mgmt holds 0% or 498 shares in its portfolio. Invesco Limited invested in 0% or 95,132 shares.

AMC Networks Inc.is a holding company, which conducts all of its activities through its subsidiaries. Legal And General Gp Plc has 18,178 shares for 0% of their portfolio. Hightower Advsr Limited Co owns 4,338 shares. Schroder Grp stated it has 107,400 shares. Archford Cap Strategies Ltd Liability Co holds 0.01% or 1,282 shares. Amer Group Inc Inc accumulated 113,414 shares or 0.02% of the stock.

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