Are Analysts Bearish Cinemark Holdings, Inc. (NYSE:CNK) After Last Week?

Cinemark Holdings, Inc. (NYSE:CNK) Logo
Investors sentiment increased to 1.17 in Q3 2018. Its up 0.03, from 1.14 in 2018Q2. It increased, as 18 investors sold Cinemark Holdings, Inc. shares while 91 reduced holdings. 49 funds opened positions while 79 raised stakes. 111.61 million shares or 0.29% less from 111.94 million shares in 2018Q2 were reported.
225,800 are owned by Heartland Advsrs. Martingale Asset Mgmt Lp reported 12,512 shares. Asset Management reported 7,883 shares stake. 1492 Cap Management Ltd reported 21,451 shares or 0.56% of all its holdings. Td Asset holds 19,478 shares. 8,103 were reported by Dalton Greiner Hartman Maher And. Verition Fund Mgmt Ltd Llc stated it has 0.01% in Cinemark Holdings, Inc. (NYSE:CNK). Zurcher Kantonalbank (Zurich Cantonalbank) holds 7,084 shares or 0% of its portfolio. State Treasurer State Of Michigan owns 39,300 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has 21,600 shares for 0.01% of their portfolio. Manufacturers Life Ins Communication The has invested 0.02% in Cinemark Holdings, Inc. (NYSE:CNK). Envestnet Asset Management owns 19,934 shares. Amalgamated Bancorp reported 21,259 shares stake. 601,800 are held by Ameriprise Inc. The Illinois-based Nuveen Asset Management Ltd Liability Corporation has invested 0% in Cinemark Holdings, Inc. (NYSE:CNK).

Since November 9, 2018, it had 0 insider purchases, and 1 insider sale for $305,441 activity.

Cinemark Holdings, Inc. (NYSE:CNK) Ratings Coverage

Among 3 analysts covering Cinemark Holdings (NYSE:CNK), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Cinemark Holdings had 4 analyst reports since July 23, 2018 according to SRatingsIntel. FBR Capital maintained Cinemark Holdings, Inc. (NYSE:CNK) rating on Monday, November 5. FBR Capital has “Buy” rating and $45 target. The rating was maintained by Morgan Stanley on Thursday, October 18 with “Equal-Weight”. As per Monday, July 23, the company rating was maintained by Morgan Stanley. The stock has “Outperform” rating by RBC Capital Markets on Monday, November 5. Below is a list of Cinemark Holdings, Inc. (NYSE:CNK) latest ratings and price target changes.

05/11/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $45 Maintain
05/11/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $43 New Target: $45 Maintain
18/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $39 New Target: $41 Maintain
23/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $42 New Target: $39 Maintain

The stock decreased 0.33% or $0.13 during the last trading session, reaching $39.52. About 364,745 shares traded. Cinemark Holdings, Inc. (NYSE:CNK) has risen 11.13% since January 14, 2018 and is uptrending. It has outperformed by 11.13% the S&P500.

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. The company has market cap of $4.62 billion. It operates theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. It has a 16 P/E ratio. As of August 10, 2017, the firm operated 529 theatres and 5,926 screens.

Cinemark Holdings, Inc. (NYSE:CNK) Institutional Positions Chart

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