Macquarie Issues a Downgrade on Regal Entertainment (NYSE:RGC) Shares. What's Next?

Vanguard Group Inc. now owns 13,209,774 shares of the company's stock valued at $270,273,000 after acquiring an additional 380,951 shares during the period. Archford Cap Strategies Limited Liability holds 1,609 shares or 0.03% of its portfolio. Oil States International Inc now has $1.16 billion valuation. About 387,467 shares traded.

Regal Entertainment Group (NYSE:RGC) has a beta of 1.09, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. Therefore 27% are positive. Regal Entertainment Group has a 12 month low of $13.90 and a 12 month high of $23.56. Regal Entertainment Group now has an average rating of Hold and a consensus price target of $21.73. Finally, Royal Bank Of Canada lifted their target price on Regal Entertainment Group to $23.00 in a research note on Wednesday, November 29th. The company was maintained on Thursday, June 22 by RBC Capital Markets. As per Tuesday, December 1, the company rating was initiated by Susquehanna. The company was downgraded on Wednesday, December 6 by Macquarie Research. The rating was maintained by Wedbush on Thursday, July 27 with "Buy".

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. Its up 0.58, from 0.83 in 2017Q1. Similarly, investors look up the share price over 12 month periods. 26 funds opened positions while 56 raised stakes. Neuberger Berman Group LLC lifted its holdings in shares of Regal Entertainment Group by 20.9% in the third quarter. Anchor Advsrs Ltd, a Massachusetts-based fund reported 1.24M shares. Prelude Cap Mngmt Ltd Liability Corp stated it has 0% of its portfolio in Regal Entertainment Group (NYSE:RGC). Legal And General Grp Public Limited Co holds 0% or 95,014 shares in its portfolio. Capital One National Association reported 36,052 shares stake.

Market capitalization is the total dollar market value of a company's shares. The company have shares float of 376.02 million. Moreover, Disciplined Growth Investors Inc Mn has 3.63% invested in the company for 1.31 million shares. Vg (VCIT) was reduced too.

Analysts await Regal Entertainment Group (NYSE:RGC) to report earnings on February, 8. It is calculated by multiplying a company's shares outstanding by the current market price of one share. DIOD's profit will be $19.75 million for 17.79 P/E if the $0.40 EPS becomes a reality. Zacks have been tracking these sell-side analyst estimates for more than 25 years, creating consensus EPS estimates.

Among 4 analysts covering Diodes (NASDAQ:DIOD), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 96% are positive. Select Income REIT had 7 analyst reports since July 21, 2015 according to SRatingsIntel.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. M Partners maintained the stock with "Neutral" rating in Thursday, January 28 report. The firm earned "Buy" rating on Wednesday, October 25 by Wedbush. The firm earned "Underweight" rating on Tuesday, September 13 by Morgan Stanley. On Monday, June 12 the stock rating was downgraded by Moffett Nathanson to "Sell". (NYSE:OIS) has declined 1.92% since December 6, 2016 and is downtrending. The Price to Book ratio for this stock is the industry Price to Book ratio of 3.55. It has a 20.97 P/E ratio.

Regal Entertainment Group, together with its subsidiaries, operates as a motion picture exhibitor in the United States.

Investors sentiment is 1 in 2017 Q2. Its up 0.58, from 0.83 in 2017Q1.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. VANGUARD GROUP INC owned 21.65% of Regal Entertainment Group (RGC) worth $179.35 million at the end of the most recent reporting period. Dalton Greiner Hartman Maher reported 0.02% stake. Ftb Advsr Incorporated holds 722 shares or 0% of its portfolio. Over the past year Company's shares have been trading in the range of $64.01 and $73.85. Mackenzie Corp reported 982,235 shares stake. If Regal Entertainment Group (NYSE:RGC) shares can stay above the price resistance around $22.74 a share, that could help propel Regal Entertainment Group (NYSE:RGC) higher to the next line of resistance at $22.9 a share.

Carroll Inc has invested 0% in Regal Entertainment Group (NYSE:RGC). Natl Registered Advisor reported 26,525 shares or 0.23% of all its holdings. 352 were reported by Oakworth Cap. Martingale Asset Management Lp has 0.14% invested in Regal Entertainment Group (NYSE:RGC) for 498,694 shares. Amp Capital Invsts Ltd owns 10,466 shares.

TRADEMARK VIOLATION WARNING: "Regal Entertainment Group (RGC) Lowered to Neutral at Hilliard Lyons" was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. They expect $3.92 earnings per share, up 30.67% or $0.92 from last year's $3 per share. After $3.73 actual earnings per share reported by Broadcom Limited for the previous quarter, Wall Street now forecasts 5.09% EPS growth. The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. It has underperformed by 18.05% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related Articles

  • AGF Investments Inc. Reduces Position in Zoetis Inc. (ZTS)

    Paul Marshall decreased its stake in Zoetis Inc (ZTS ) by 72.94% based on its latest 2017Q2 regulatory filing with the SEC. Turning to Flex Ltd. (NASDAQ:FLEX), its shares were trading at $18.08 a gain of $0.04, on the trading floor.
    Bronze Age iron weapons 'came from outer space', claims new study

    Bronze Age iron weapons 'came from outer space', claims new study

    The imaging technology allows for non-destructive scans, important for examining priceless archaeological artifacts. X-ray fluorescence is widely used in metal analysis to determine the elemental and sometimes isotopic composition.
    GOP lawmakers want probe of FBI over Clinton investigation

    GOP lawmakers want probe of FBI over Clinton investigation

    The Justice Department's inspector general discovered this summer that Strzok and Page exchanged messages bashing President Trump and supporting 2016 presidential candidate Hillary Clinton in 2016.
  • Saudis: Moving US Embassy to Jerusalem Is 'Dangerous Step'

    He said that Saudi Arabia has and will continue to support the Palestinian people and their historical rights. Experts react to Trump's Jerusalem decision: A diplomatic upgrade or end of the peace process? .

    Celgene Corporation (NASDAQ:CELG) Short Interest Update

    With 15.96 million avg volume, 1 days are for Celgene Corporation (NASDAQ:CELG)'s short sellers to cover CELG's short positions. News articles about Celgene (NASDAQ:CELG) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis.

    Union Pacific (UNP) Getting Somewhat Favorable Press Coverage, Analysis Finds

    Gfs Advisors Llc increased its stake in Cvs Health Corp (CVS) by 9.61% based on its latest 2017Q2 regulatory filing with the SEC. Susquehanna International Group Llp bought 927,400 shares as the company's stock declined 2.52% while stock markets rallied.
  • Bandai Namco Reveals Soul Calibur IV

    Bandai Namco Reveals Soul Calibur IV

    It only became formally known as Soul Caliber when a follow-up title was released on arcade and the Sega Dreamcast in 1998. For now, it's also unknown if the new fighters that were introduced in Soul Calibur V will make an appearance.
    Ryanair's Italy staff threaten December strike

    Ryanair's Italy staff threaten December strike

    A Ryanair spokesman meanwhile told AFP in London that the carrier regularly received strike threats in Italy and Portugal. Italian pilot union ANPAC on Wednesday said its Ryanair pilots had declared a four-hour strike for December 15.
    Fergie opens up about her addiction

    Fergie opens up about her addiction

    While it was a terrifying thing to go through, the M.I.L.F singer the called the church incident "a freeing moment" and got sober. "It took a year after getting off that drug for the chemicals in my brain to settle so that I stopped seeing things", she added.
  • Iranian teenager comes clean about her surgeries to look like Angelina Jolie

    Iranian teenager comes clean about her surgeries to look like Angelina Jolie

    Sahar claimed she dieted so she could reach a weight of 40 kilograms to emulate her favourite star. Sahar Tabar has now come forward to dispel the rumours and reveal the truth behind her photos.
    Brandon Ingram's clutch three in Philadelphia ends Lakers losing streak

    Brandon Ingram's clutch three in Philadelphia ends Lakers losing streak

    It was the same story again this time around as Embiid finished with 33 points, seven rebounds and six assists in 36 minutes. Then, Ingram came to life late in the fourth quarter and found Julius Randle with an impressive hip-level pass on a drive.

    Today's Brokerage Rating: Mondelez International, Inc. (MDLZ), Dell Technologies Inc. (DVMT)

    361 Capital LLC bought a new position in shares of Mondelez International in the 2nd quarter valued at about $1,536,000. The company reported $0.57 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.03.