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.

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