分析师升级后，Cinemark（纽约证券交易所代码：CNK）交易价格上涨5.4％_新浪财经

Cinemark Holdings, Inc. (NYSE:CNK – Get Rating)'s stock price was up 5.4% during mid-day trading on Monday after B. Riley raised their price target on the stock from $13.00 to $15.00. The company traded as high as $13.99 and last traded at $13.99. Approximately 591,877 shares traded hands during trading, a decline of 82% from the average daily volume of 3,298,029 shares. The stock had previously closed at $13.27.

A number of other brokerages have also recently issued reports on CNK. Roth Capital reiterated a "neutral" rating on shares of Cinemark in a report on Monday, February 13th. Morgan Stanley restated an "overweight" rating and issued a $16.00 price target on shares of Cinemark in a report on Tuesday, January 17th. JPMorgan Chase & Co. upgraded Cinemark from a "neutral" rating to an "overweight" rating and set a $15.00 price target for the company in a report on Thursday, January 12th. Wells Fargo & Company decreased their price target on Cinemark from $18.00 to $15.00 and set an "equal weight" rating for the company in a report on Monday, November 7th. Finally, Benchmark decreased their price target on Cinemark from $22.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, December 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $16.11.

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Insider Activity

In related news, Director Enrique Senior sold 35,054 shares of the company's stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $12.47, for a total transaction of $437,123.38. Following the sale, the director now directly owns 46,609 shares of the company's stock, valued at approximately $581,214.23. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 10.00% of the company's stock.

Institutional Investors Weigh In On Cinemark

Institutional investors and hedge funds have recently made changes to their positions in the company. Advisor Group Holdings Inc. raised its position in shares of Cinemark by 28.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 5,194 shares of the company's stock valued at $45,000 after acquiring an additional 1,147 shares in the last quarter. Clear Street Markets LLC acquired a new stake in Cinemark in the fourth quarter worth $47,000. PNC Financial Services Group Inc. increased its position in Cinemark by 1,054.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,284 shares of the company's stock worth $63,000 after buying an additional 6,653 shares during the period. Captrust Financial Advisors increased its position in Cinemark by 107.2% in the second quarter. Captrust Financial Advisors now owns 4,783 shares of the company's stock worth $72,000 after buying an additional 2,475 shares during the period. Finally, CIBC Asset Management Inc acquired a new stake in Cinemark in the fourth quarter worth $109,000. 98.99% of the stock is owned by institutional investors and hedge funds.

Cinemark Price Performance

The company has a debt-to-equity ratio of 20.79, a current ratio of 1.27 and a quick ratio of 1.24. The company has a 50-day simple moving average of $10.77 and a two-hundred day simple moving average of $12.05. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of -5.90, a price-to-earnings-growth ratio of 6.17 and a beta of 2.25.

Cinemark (NYSE:CNK – Get Rating) last issued its earnings results on Friday, February 24th. The company reported ($0.82) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.48). Cinemark had a negative return on equity of 84.89% and a negative net margin of 11.05%. The company had revenue of $599.70 million during the quarter, compared to analyst estimates of $589.47 million. During the same period in the prior year, the business earned $0.05 earnings per share. Cinemark's quarterly revenue was down 10.0% on a year-over-year basis. On average, equities research analysts predict that Cinemark Holdings, Inc. will post 0.21 earnings per share for the current year.

Cinemark Company Profile

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Cinemark Holdings, Inc is a holding company, which engages in the provision of motion picture exhibitions through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.