The Marcus Co. (NYSE:MCS) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in shares of The Marcus Co. (NYSE:MCS) by 0.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,729,344 shares of the company’s stock after buying an additional 3,342 shares during the period. Vanguard Group Inc. owned approximately 0.05% of Marcus worth $26,805,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Teachers Retirement System of The State of Kentucky acquired a new position in Marcus during the 3rd quarter valued at about $52,000. Tower Research Capital LLC TRC grew its stake in shares of Marcus by 468.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,746 shares of the company’s stock worth $70,000 after purchasing an additional 3,911 shares during the last quarter. State of Wyoming grew its stake in shares of Marcus by 23.1% in the 4th quarter. State of Wyoming now owns 5,700 shares of the company’s stock worth $82,000 after purchasing an additional 1,071 shares during the last quarter. Morgan Dempsey Capital Management LLC grew its stake in shares of Marcus by 24.7% in the 1st quarter. Morgan Dempsey Capital Management LLC now owns 4,858 shares of the company’s stock worth $86,000 after purchasing an additional 962 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Marcus in the 1st quarter worth approximately $127,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

Marcus Stock Performance

Shares of MCS opened at $13.13 on Friday. The Marcus Co. has a one year low of $13.02 and a one year high of $17.93. The company has a 50-day moving average of $14.22 and a two-hundred day moving average of $14.53. The stock has a market cap of $416.48 million, a price-to-earnings ratio of 42.35, a PEG ratio of 12.94 and a beta of 1.47. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.62 and a quick ratio of 0.62.

Marcus (NYSE:MCS) last announced its earnings results on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.12. Marcus had a net margin of 2.03% and a return on equity of 3.19%. The company had revenue of $161.53 million during the quarter, compared to analysts’ expectations of $160.75 million. On average, equities research analysts expect that The Marcus Co. will post 0.07 earnings per share for the current year.

Marcus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Friday, March 1st. Marcus’s dividend payout ratio is currently 90.32%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MCS. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. Benchmark reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Marcus in a research note on Tuesday, March 5th. Barrington Research reaffirmed an “outperform” rating and issued a $20.00 price objective on shares of Marcus in a research note on Friday, March 1st. Finally, B. Riley lowered their price objective on shares of Marcus from $23.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, January 2nd.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.