41,994 Shares in The Marcus Co. (NYSE:MCS) Purchased by Clearbridge Investments LLC

Clearbridge Investments LLC bought a new position in The Marcus Co. (NYSE:MCS - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 41,994 shares of the company's stock, valued at approximately $903,000. Clearbridge Investments LLC owned 0.13% of Marcus as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Swiss National Bank lifted its stake in shares of Marcus by 2.2% during the 4th quarter. Swiss National Bank now owns 47,100 shares of the company's stock valued at $1,013,000 after buying an additional 1,000 shares in the last quarter. Walleye Trading LLC raised its holdings in Marcus by 14.5% during the third quarter. Walleye Trading LLC now owns 34,000 shares of the company's stock valued at $512,000 after acquiring an additional 4,300 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Marcus in the fourth quarter valued at about $114,000. SG Americas Securities LLC boosted its stake in shares of Marcus by 54.9% in the fourth quarter. SG Americas Securities LLC now owns 19,944 shares of the company's stock worth $429,000 after acquiring an additional 7,067 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Marcus by 1.3% during the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock worth $8,467,000 after purchasing an additional 7,320 shares in the last quarter. 81.57% of the stock is currently owned by hedge funds and other institutional investors.

Marcus Price Performance

NYSE MCS traded up $0.17 during trading on Tuesday, hitting $15.58. 34,895 shares of the stock traded hands, compared to its average volume of 209,533. The company has a market capitalization of $494.65 million, a P/E ratio of -45.82, a price-to-earnings-growth ratio of 3.12 and a beta of 1.24. The Marcus Co. has a 12-month low of $9.56 and a 12-month high of $23.16. The firm has a 50-day simple moving average of $18.76 and a 200-day simple moving average of $19.30. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38.

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Marcus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus's dividend payout ratio is presently -107.69%.

Analyst Upgrades and Downgrades

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

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.