First Trust Advisors LP Has $5.68 Million Stake in Cinemark Holdings Inc (CNK)

First Trust Advisors LP grew its position in Cinemark Holdings Inc (NYSE:CNK) by 35.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 156,883 shares of the company’s stock after purchasing an additional 40,906 shares during the quarter. First Trust Advisors LP owned approximately 0.14% of Cinemark Holdings worth $5,681,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Foster & Motley Inc. boosted its stake in shares of Cinemark Holdings by 106.3% in the 3rd quarter. Foster & Motley Inc. now owns 14,364 shares of the company’s stock valued at $520,000 after purchasing an additional 7,400 shares during the last quarter. Lord Abbett & CO. LLC bought a new stake in shares of Cinemark Holdings in the 2nd quarter valued at $8,856,000. Public Employees Retirement System of Ohio boosted its stake in Cinemark Holdings by 1.2% during the second quarter. Public Employees Retirement System of Ohio now owns 54,219 shares of the company’s stock worth $2,106,000 after acquiring an additional 626 shares in the last quarter. Kalos Management Inc. boosted its stake in Cinemark Holdings by 2.2% during the second quarter. Kalos Management Inc. now owns 59,613 shares of the company’s stock worth $2,315,000 after acquiring an additional 1,281 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in Cinemark Holdings by 1.7% during the second quarter. Ameritas Investment Partners Inc. now owns 31,704 shares of the company’s stock worth $1,232,000 after acquiring an additional 530 shares in the last quarter. 92.61% of the stock is currently owned by institutional investors.

Cinemark Holdings Inc (CNK) opened at $33.74 on Thursday. Cinemark Holdings Inc has a 12 month low of $32.03 and a 12 month high of $44.84. The firm has a market cap of $3,993.65, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 1.13 and a beta of 1.18. The company has a quick ratio of 1.46, a current ratio of 1.50 and a debt-to-equity ratio of 1.50.

Cinemark Holdings (NYSE:CNK) last released its quarterly earnings data on Friday, November 3rd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). Cinemark Holdings had a net margin of 8.36% and a return on equity of 18.43%. The business had revenue of $710.70 million during the quarter, compared to the consensus estimate of $702.60 million. During the same period last year, the business posted $0.56 earnings per share. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. equities research analysts anticipate that Cinemark Holdings Inc will post 2.02 EPS for the current fiscal year.

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In other Cinemark Holdings news, CEO Mark Zoradi acquired 5,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were purchased at an average cost of $32.19 per share, with a total value of $160,950.00. Following the completion of the purchase, the chief executive officer now owns 172,456 shares of the company’s stock, valued at $5,551,358.64. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 9.20% of the stock is currently owned by company insiders.

Several research analysts recently issued reports on the stock. BidaskClub raised shares of Cinemark Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Wedbush reissued a “buy” rating on shares of Cinemark Holdings in a research note on Monday, August 7th. B. Riley reissued a “buyl” rating on shares of Cinemark Holdings in a research note on Sunday, August 13th. Piper Jaffray Companies reissued a “buy” rating on shares of Cinemark Holdings in a research note on Sunday, September 17th. Finally, J P Morgan Chase & Co cut their target price on shares of Cinemark Holdings from $47.00 to $42.00 in a research note on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $42.31.

Cinemark Holdings Profile

Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.

Institutional Ownership by Quarter for Cinemark Holdings (NYSE:CNK)

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