Vanguard Group Inc. Acquires 8,102 Shares of The Marcus Co. (NYSE:MCS)

Vanguard Group Inc. raised its position in The Marcus Co. (NYSE:MCS) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,440,951 shares of the company’s stock after purchasing an additional 8,102 shares during the period. Vanguard Group Inc. owned approximately 4.58% of Marcus worth $30,980,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MCS. KLP Kapitalforvaltning AS acquired a new stake in Marcus in the 4th quarter valued at approximately $114,000. Ieq Capital LLC acquired a new stake in shares of Marcus in the fourth quarter valued at approximately $220,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Marcus in the fourth quarter worth $274,000. Fox Run Management L.L.C. acquired a new position in Marcus during the fourth quarter worth $329,000. Finally, SG Americas Securities LLC grew its position in Marcus by 54.9% in the fourth quarter. SG Americas Securities LLC now owns 19,944 shares of the company’s stock valued at $429,000 after purchasing an additional 7,067 shares in the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MCS. Barrington Research restated an “outperform” rating and set a $27.00 price objective on shares of Marcus in a research note on Thursday, February 27th. Benchmark reiterated a “buy” rating and set a $25.00 target price on shares of Marcus in a report on Friday. Finally, StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th.

Marcus Stock Up 1.1 %

Marcus stock opened at $16.16 on Tuesday. The Marcus Co. has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The firm has a market capitalization of $513.06 million, a PE ratio of -47.53, a P/E/G ratio of 3.12 and a beta of 1.24. The company’s 50-day moving average is $18.10 and its 200-day moving average is $19.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54.

Marcus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Tuesday, February 25th. Marcus’s payout ratio is presently -107.69%.

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.