American Century Companies Inc. Has $14.16 Million Holdings in Marcus Corporation (The) $MCS

American Century Companies Inc. grew its holdings in Marcus Corporation (The) (NYSE:MCS) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 912,696 shares of the company’s stock after purchasing an additional 40,295 shares during the quarter. American Century Companies Inc. owned approximately 2.97% of Marcus worth $14,156,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MCS. Heartland Advisors Inc. grew its holdings in Marcus by 33.3% during the 3rd quarter. Heartland Advisors Inc. now owns 200,000 shares of the company’s stock worth $3,102,000 after acquiring an additional 50,000 shares during the period. GSA Capital Partners LLP lifted its stake in shares of Marcus by 232.0% in the 3rd quarter. GSA Capital Partners LLP now owns 58,376 shares of the company’s stock valued at $905,000 after purchasing an additional 40,793 shares during the period. Bastion Asset Management Inc. acquired a new position in shares of Marcus in the 3rd quarter valued at $3,395,000. Savant Capital LLC boosted its position in shares of Marcus by 7.8% in the 3rd quarter. Savant Capital LLC now owns 13,166 shares of the company’s stock worth $204,000 after purchasing an additional 955 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Marcus by 332.2% in the 2nd quarter. Squarepoint Ops LLC now owns 162,193 shares of the company’s stock worth $2,735,000 after purchasing an additional 124,664 shares during the last quarter. Institutional investors and hedge funds own 81.57% of the company’s stock.

Insider Buying and Selling

In other Marcus news, VP Thomas F. Kissinger sold 25,000 shares of Marcus stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $17.32, for a total value of $433,000.00. Following the transaction, the vice president owned 199,700 shares of the company’s stock, valued at approximately $3,458,804. The trade was a 11.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.00% of the company’s stock.

Marcus Stock Down 2.7%

NYSE:MCS opened at $16.16 on Thursday. Marcus Corporation has a 1 year low of $12.85 and a 1 year high of $18.80. The stock has a 50-day moving average price of $15.88 and a two-hundred day moving average price of $15.37. The stock has a market cap of $496.30 million, a price-to-earnings ratio of 40.40, a PEG ratio of 2.32 and a beta of 0.57. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.37.

Marcus (NYSE:MCS) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.13). Marcus had a return on equity of 0.46% and a net margin of 1.67%.The business had revenue of $193.50 million for the quarter, compared to analyst estimates of $185.19 million. As a group, equities analysts expect that Marcus Corporation will post 0.36 earnings per share for the current year.

Marcus Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, February 25th. Marcus’s dividend payout ratio (DPR) is 80.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Barrington Research reiterated an “outperform” rating and issued a $24.00 price objective on shares of Marcus in a report on Monday, March 2nd. Zacks Research cut Marcus from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Marcus in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

Marcus 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. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.