Hill Investment Group Partners LLC Increases Stock Holdings in National CineMedia, Inc. (NASDAQ:NCMI)

Hill Investment Group Partners LLC lifted its stake in National CineMedia, Inc. (NASDAQ:NCMI) by 110.0% in the second quarter, Holdings Channel.com reports. The firm owned 102,271 shares of the business services provider’s stock after buying an additional 53,571 shares during the period. Hill Investment Group Partners LLC’s holdings in National CineMedia were worth $34,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Barclays PLC boosted its holdings in National CineMedia by 18,546,920.0% during the 2nd quarter. Barclays PLC now owns 7,418,808 shares of the business services provider’s stock valued at $2,500,000 after acquiring an additional 7,418,768 shares during the period. Kovack Advisors Inc. boosted its holdings in National CineMedia by 31.2% during the 2nd quarter. Kovack Advisors Inc. now owns 333,273 shares of the business services provider’s stock valued at $112,000 after acquiring an additional 79,251 shares during the period. Jane Street Group LLC boosted its holdings in National CineMedia by 4,022.3% during the 1st quarter. Jane Street Group LLC now owns 493,979 shares of the business services provider’s stock valued at $65,000 after acquiring an additional 481,996 shares during the period. Virtu Financial LLC purchased a new position in National CineMedia during the 4th quarter valued at $29,000. Finally, Millennium Management LLC boosted its holdings in National CineMedia by 1,126.3% during the 4th quarter. Millennium Management LLC now owns 2,336,927 shares of the business services provider’s stock valued at $514,000 after acquiring an additional 2,146,354 shares during the period.

National CineMedia Stock Up 3.5 %

NCMI stock traded up $0.14 on Monday, hitting $4.16. 123,358 shares of the company’s stock were exchanged, compared to its average volume of 652,952. National CineMedia, Inc. has a 12-month low of $1.01 and a 12-month high of $6.49. The firm has a 50 day moving average price of $4.19 and a two-hundred day moving average price of $3.72. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.02.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NCMI. StockNews.com lowered National CineMedia from a “buy” rating to a “sell” rating in a research report on Friday. Wedbush lifted their target price on National CineMedia to $5.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, Benchmark lifted their target price on National CineMedia from $5.00 to $6.00 and gave the company a “speculative buy” rating in a research report on Friday, September 22nd.

National CineMedia Profile

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 pre-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.