Brandywine Global Investment Management LLC Buys 32,470 Shares of The Marcus Co. (NYSE:MCS)

Brandywine Global Investment Management LLC grew its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 183.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,150 shares of the company's stock after purchasing an additional 32,470 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.16% of Marcus worth $1,078,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in MCS. Arrowstreet Capital Limited Partnership raised its holdings in shares of Marcus by 69.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company's stock valued at $12,881,000 after buying an additional 246,375 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Marcus in the fourth quarter worth about $951,000. Prudential Financial Inc. lifted its position in shares of Marcus by 1,102.0% during the fourth quarter. Prudential Financial Inc. now owns 142,220 shares of the company's stock worth $3,058,000 after purchasing an additional 130,388 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Marcus by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 1,440,951 shares of the company's stock worth $30,980,000 after purchasing an additional 8,102 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of Marcus during the fourth quarter valued at approximately $329,000. Institutional investors own 81.57% of the company's stock.

Analyst Ratings Changes

MCS has been the topic of several research reports. StockNews.com downgraded Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Benchmark reiterated a "buy" rating and issued a $25.00 price target on shares of Marcus in a report on Thursday, January 30th. Finally, Barrington Research reiterated an "outperform" rating and issued a $27.00 price objective on shares of Marcus in a research report on Thursday, February 27th.

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Marcus Trading Up 1.2 %

Shares of NYSE:MCS traded up $0.18 during midday trading on Tuesday, hitting $15.59. The company had a trading volume of 29,476 shares, compared to its average volume of 209,456. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The Marcus Co. has a 12 month low of $9.56 and a 12 month high of $23.16. The firm has a fifty day simple moving average of $18.76 and a 200 day simple moving average of $19.30. The stock has a market cap of $494.97 million, a price-to-earnings ratio of -45.85, a PEG ratio of 3.12 and a beta of 1.24.

Marcus Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders 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 annualized dividend and a dividend yield of 1.80%. Marcus's payout ratio is currently -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.