Kings Path Partners LLC Sells 11,562 Shares of National CineMedia, Inc. $NCMI

Kings Path Partners LLC trimmed its stake in shares of National CineMedia, Inc. (NASDAQ:NCMI) by 30.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,113 shares of the business services provider’s stock after selling 11,562 shares during the quarter. Kings Path Partners LLC’s holdings in National CineMedia were worth $127,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in National CineMedia by 5.6% in the 1st quarter. Vanguard Group Inc. now owns 4,358,287 shares of the business services provider’s stock worth $25,452,000 after acquiring an additional 232,702 shares during the last quarter. Wellington Management Group LLP increased its stake in National CineMedia by 21.1% in the 1st quarter. Wellington Management Group LLP now owns 3,538,933 shares of the business services provider’s stock worth $20,667,000 after acquiring an additional 615,417 shares during the last quarter. Sycale Advisors NY LLC bought a new position in National CineMedia in the 4th quarter worth about $14,147,000. Goldman Sachs Group Inc. increased its stake in National CineMedia by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 683,614 shares of the business services provider’s stock worth $3,992,000 after acquiring an additional 120,079 shares during the last quarter. Finally, Northern Trust Corp increased its stake in National CineMedia by 2.5% in the 4th quarter. Northern Trust Corp now owns 657,802 shares of the business services provider’s stock worth $4,368,000 after acquiring an additional 16,297 shares during the last quarter. 69.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on NCMI. Zacks Research upgraded National CineMedia from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. Wedbush set a $7.00 price objective on National CineMedia and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Benchmark reduced their price objective on National CineMedia from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, June 25th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, National CineMedia currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.90.

Insider Buying and Selling at National CineMedia

In related news, EVP Maria Vg Woods sold 9,038 shares of National CineMedia stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $4.82, for a total transaction of $43,563.16. Following the sale, the executive vice president directly owned 111,246 shares in the company, valued at $536,205.72. The trade was a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.25% of the stock is owned by corporate insiders.

National CineMedia Price Performance

NCMI opened at $4.86 on Friday. The stock’s 50 day simple moving average is $4.64 and its 200 day simple moving average is $5.22. National CineMedia, Inc. has a 1 year low of $4.12 and a 1 year high of $7.60. The firm has a market cap of $455.43 million, a price-to-earnings ratio of -23.14 and a beta of 1.97.

National CineMedia (NASDAQ:NCMI) last posted its quarterly earnings results on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). National CineMedia had a negative return on equity of 3.51% and a negative net margin of 8.62%.The business had revenue of $51.80 million for the quarter, compared to analyst estimates of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that National CineMedia, Inc. will post -0.12 EPS for the current year.

National CineMedia Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a dividend of $0.03 per share. The ex-dividend date was Friday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 2.5%. National CineMedia’s payout ratio is currently -57.14%.

About National CineMedia

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.