Dividend Action: Shareholders can safely expect $0.27 dividends by Dec 16, 2016, from Cinemark Holdings Inc (NYSE:CNK).

Dividend Action: Shareholders can safely expect $0.27 dividends by Dec 16, 2016, from Cinemark Holdings Inc (NYSE:CNK).

Cinemark Holdings Inc (NYSE:CNK) is expected to pay $0.27 on Dec 16, 2016. The indicated annual dividend is $1.08. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Cinemark Holdings Inc’s current price of $41.61, the dividend is 0.65%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 17, 2016. The stock decreased 0.95% or $0.4 during the last trading session, hitting $41.61. Cinemark Holdings, Inc. (NYSE:CNK) has risen 17.08% since April 26, 2016 and is uptrending. It has outperformed by 11.82% the S&P500.

Cinemark Holdings, Inc. is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Curacao and Bolivia. The company has a market cap of $4.87 billion. The Firm manages its business in two divisions: United States markets and international markets. It has a 20.53 P/E ratio. The international segment consists of activities in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia and Curacao.

Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.34, from 1.24 in 2016Q1. The ratio dropped, as 27 funds sold all Cinemark Holdings, Inc. shares owned while 85 reduced positions. 37 funds bought stakes while 102 increased positions. They now own 97.80 million shares or 2.30% less from 100.10 million shares in 2016Q1.
Nicholas Wi holds 473,115 shares or 0.35% of its portfolio. Sarasin Partners Ltd Liability Partnership holds 1.50 million shares or 0.91% of its portfolio. Tx holds 0.17% or 81,610 shares in its portfolio. Whittier reported 100 shares or 0% of all its holdings. Kayne Anderson Rudnick Inv Mngmt Ltd reported 1.89 million shares or 1.04% of all its holdings. The Hong Kong-based Point72 Asia (Hong Kong) Limited has invested 0.05% in Cinemark Holdings, Inc. (NYSE:CNK). Moreover, Tower Research Cap Ltd Liability (Trc) has 0.02% invested in Cinemark Holdings, Inc. (NYSE:CNK) for 5,780 shares. Texas Permanent School Fund holds 0.04% or 80,833 shares in its portfolio. M&T State Bank Corporation last reported 35,936 shares in the company. Blackrock Institutional Trust Na has 3.33 million shares for 0.02% of their US portfolio. State Street Corporation accumulated 0.01% or 2.87 million shares. The Massachusetts-based Panagora Asset Mgmt has invested 0% in Cinemark Holdings, Inc. (NYSE:CNK). Renaissance Technology Ltd Co owns 2.04M shares or 0.14% of their US portfolio. The Connecticut-based Aqr Cap Management Lc has invested 0.03% in Cinemark Holdings, Inc. (NYSE:CNK). Cullen Frost Bankers Inc holds 36,177 shares or 0.05% of its portfolio.

Cinemark Holdings, Inc. (NYSE:CNK) Ratings Coverage

Out of 17 analysts covering Cinemark Holdings (NYSE:CNK), 11 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 65% are positive. Cinemark Holdings has been the topic of 35 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Cinemark Holdings, Inc. (NYSE:CNK) earned “Buy” rating by Goldman Sachs on Monday, October 31. The stock has “Buy” rating given by Topeka Capital Markets on Monday, October 5. Topeka Capital Markets maintained the shares of CNK in a report on Thursday, February 18 with “Buy” rating. The firm has “Buy” rating given on Tuesday, January 12 by Topeka Capital Markets. On Friday, October 9 the stock rating was maintained by M Partners with “Buy”. The rating was maintained by M Partners with “Buy” on Thursday, January 28. Loop Capital initiated the stock with “Buy” rating in Wednesday, August 24 report. On Thursday, October 15 the stock rating was downgraded by Morgan Stanley to “Underweight”. The firm earned “Outperform” rating on Monday, November 14 by RBC Capital Markets. The rating was upgraded by B. Riley & Co on Friday, August 7 to “Buy”.

More recent Cinemark Holdings, Inc. (NYSE:CNK) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Cinemark Holdings, Abercrombie & Fitch and Dominion …” on November 28, 2016. Also Businesswire.com published the news titled: “Cinemark Loyalty Program Members Receive a Double Helping of Points on …” on November 22, 2016. Businesswire.com‘s news article titled: “Cinemark Holdings, Inc. Reports Record Revenues of $707.2 Million and Adjusted …” with publication date: February 24, 2016 was also an interesting one.

CNK Company Profile

Cinemark Holdings, Inc. (Cinemark), incorporated on August 2, 2006, is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Curacao and Bolivia. The Firm manages its business in two divisions: United States markets and international markets. The international segment consists of activities in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia and Curacao. The Firm operates approximately 500 theatres and over 5,800 screens in the United States and Latin America. The Company’s United States circuit has approximately 340 theatres and over 4,510 screens in over 40 states and its international circuit has over 180 theatres and approximately 1,280 screens. It develops new platforms for its theatre circuit, such as XD, Movie Bistro, Cinemark Reserve, Luxury Lounger reclining seats, D-BOX seating, CineArts and other concepts. It plays mainstream films from various genres, such as animated films, family films, dramas, comedies, horror and action films. It offers content in both two-dimension (2-D) and three-dimension (3-D) formats in all of its theatres, and in select locations, it also offers a D-BOX format. The D-BOX format features moving seats and added sensory features in addition to the ultra-realistic images of 3-D technology.

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