IMAX Corporation (USA) (IMAX) : Duff Phelps Investment Management Co added new position in IMAX Corporation (USA) during the most recent quarter end. The investment management firm now holds 251,880 shares of IMAX Corporation (USA) which is valued at $7,599,220 , the company said in a statement filed on Oct 14, 2016 with the SEC.IMAX Corporation (USA) makes up approximately 0.11% of Duff Phelps Investment Management Co’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in IMAX in the latest quarter, The investment management firm added 1,800 additional shares and now holds a total of 31,503 shares of IMAX Corporation (USA) which is valued at $901,616. IMAX Corporation (USA) makes up approx 0.03% of Msi Financial Services Inc’s portfolio.Legal General Group Plc boosted its stake in IMAX in the latest quarter, The investment management firm added 1,200 additional shares and now holds a total of 15,073 shares of IMAX Corporation (USA) which is valued at $426,264.Creative Planning reduced its stake in IMAX by selling 700 shares or 45.07% in the most recent quarter. The Hedge Fund company now holds 853 shares of IMAX which is valued at $24,123.Bnp Paribas Arbitrage Sa boosted its stake in IMAX in the latest quarter, The investment management firm added 1,751 additional shares and now holds a total of 4,085 shares of IMAX Corporation (USA) which is valued at $120,140.
IMAX Corporation (USA) opened for trading at $28.72 and hit $30.24 on the upside on Friday, eventually ending the session at $30.17, with a gain of 5.42% or 1.55 points. The heightened volatility saw the trading volume jump to 19,38,420 shares. Company has a market cap of $2,025 M.
On the company’s financial health, IMAX Corporation (USA) reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.17. The company had revenue of $91.70 million for the quarter, compared to analysts expectations of $86.59 million. The company’s revenue was down -14.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.
IMAX Corporation is an entertainment technology company. The Company along with its wholly owned subsidiaries is specialized motion picture technologies and presentations. The Company operates through seven segments: the IMAX systems the theater system maintenance the joint revenue sharing arrangements film production and IMAX DMR film distribution film post-production and other. The Company’s businesses include the design and manufacture of theater systems (IMAX theater systems) and the sale lease or contribution of those systems to customers and the digital re-mastering of films into the IMAX format and the exhibition of those films in the IMAX theater network. Its trademarks include IMAX IMAX Dome IMAX 3D IMAX 3D Dome Experience It In IMAX The IMAX Experience and An IMAX Experience among others. The Company owns approximately 934 theater systems (828 commercial and 106 institutional) operating in 62 countries.