15,288 Shares in The Marcus Co. (NYSE:MCS) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in shares of The Marcus Co. (NYSE:MCS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,288 shares of the company's stock, valued at approximately $329,000.

Several other large investors have also made changes to their positions in MCS. Barclays PLC raised its stake in Marcus by 135.3% during the 3rd quarter. Barclays PLC now owns 392,388 shares of the company's stock valued at $5,913,000 after purchasing an additional 225,644 shares during the period. Peapod Lane Capital LLC purchased a new stake in Marcus during the 4th quarter valued at approximately $3,258,000. American Century Companies Inc. raised its position in shares of Marcus by 23.4% during the fourth quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock valued at $15,837,000 after buying an additional 139,577 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new position in shares of Marcus in the fourth quarter worth $1,605,000. Finally, BNP Paribas Financial Markets boosted its position in shares of Marcus by 2,057.5% during the third quarter. BNP Paribas Financial Markets now owns 52,406 shares of the company's stock worth $790,000 after acquiring an additional 49,977 shares during the last quarter. 81.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MCS. StockNews.com cut shares of Marcus from a "buy" rating to a "hold" rating in a research note on Tuesday, March 11th. Barrington Research reiterated an "outperform" rating and issued a $27.00 target price on shares of Marcus in a research report on Thursday, February 27th. Finally, Benchmark reissued a "buy" rating and set a $25.00 price target on shares of Marcus in a research note on Thursday, January 30th.

Remove Ads

Marcus Price Performance

Shares of Marcus stock traded down $0.59 during trading hours on Friday, reaching $16.56. The company's stock had a trading volume of 118,343 shares, compared to its average volume of 445,558. The firm has a 50 day moving average price of $19.24 and a 200-day moving average price of $19.24. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market cap of $525.76 million, a P/E ratio of -48.71, a P/E/G ratio of 3.12 and a beta of 1.57. The Marcus Co. has a one year low of $9.56 and a one year high of $23.16.

Marcus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.07 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a yield of 1.69%. Marcus's dividend payout ratio (DPR) is presently -107.69%.

About Marcus

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.