Regal Entertainment Group Class (NYSE:RGC) Experiences Heavy Trading Volume

The value of the total investment in Regal Entertainment Group Class decreased from $18,624,000 to $12,753,000 decreasing 31.5% quarter to quarter. Gateway Investment Advisers LLC's holdings in Regal Entertainment Group were worth $654,000 as of its most recent SEC filing.

This company has been competing with others in the Services space and offers its own combination of interesting factors Regal Entertainment Group (RGC) now trades with a market capitalization of $2.78 Billion. Finally, LaSalle Street Capital Management LLC purchased a new stake in shares of Regal Entertainment Group during the first quarter worth approximately $200,000. Legal & General Group Plc increased its stake in shares of Regal Entertainment Group by 41.8% in the first quarter. Cullen Capital Management Llc sold 155,260 shares as the company's stock declined 2.46% while stock markets rallied. It improved, as 23 investors sold Regal Entertainment Group shares while 64 reduced holdings.

Regal Entertainment Group (NYSE:RGC) had an increase of 4.04% in short interest. Dynamic Advisors Solutions LLC now owns 176,065 shares of the company's stock valued at $3,976,000 after buying an additional 7,240 shares during the last quarter. Advsr Asset Management holds 396,741 shares. The value of the investment in RGC decreased from $10,441,000 to $9,081,000 a change of 13.0% quarter over quarter. Boothbay Fund Management Ltd Llc has invested 0.14% in Regal Entertainment Group (NYSE:RGC). Ltd. now owns 149,421 shares of the company's stock valued at $3,380,000 after buying an additional 68,842 shares in the last quarter.

Regal Entertainment Group (NYSE:RGC) traded down 0.51% during midday trading on Friday, reaching $17.41. The stock has been active on the tape, now trading at $18.01, down from yesterday's close by -1.37%. Regal Entertainment Group has a 12-month low of $17.99 and a 12-month high of $24.79. However the price at the close of last session was -26.42% lower than its 50-day moving average and -39.72% under its 200-day moving average. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.02. The stock of Regal Entertainment Group (NYSE:RGC) earned "Outperform" rating by Credit Suisse on Friday, February 5. A month ago, they told us to expect earnings of US$0.43 per share while three months ago their EPS consensus estimate was US$0.39. So is with Regal Entertainment Group.

Regal Entertainment Group on 6/29/2017 reported its EPS as $0.29 with the analysts projecting the EPS of the stock as $0.26.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, September 5th will be given a $0.22 dividend.

Since March 9, 2017, it had 0 insider buys, and 2 selling transactions for $1.03 million activity. This represents a $0.88 annualized dividend and a yield of 5.05%. The stock of Regal Entertainment Group (NYSE:RGC) earned "Sector Perform" rating by RBC Capital Markets on Thursday, June 22.

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RGC has been the subject of several research analyst reports. Finally, Zacks Investment Research lowered Regal Entertainment Group from a "hold" rating to a "sell" rating in a research note on Thursday, June 29th.

According to the latest research reports released, 3 analysts have issued a rating of "buy", 4 analysts "outperform", 5 analysts "hold", 3 analysts "underperform" and 0 analysts "sell". Regal Entertainment Group presently has an average rating of "Hold" and an average target price of $24.57.

Regal Entertainment Group is an operator of theatre circuits in the United States. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 states along with Guam, Saipan, American Samoa and the District of Columbia. The Firm manages its business under theatre exhibition activities segment.

A number of hedge funds have recently bought and sold shares of RGC.

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