EAM Investors LLC Takes $1.11 Million Position in The Marcus Co. (NYSE:MCS)

EAM Investors LLC bought a new stake in The Marcus Co. (NYSE:MCS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 51,751 shares of the company's stock, valued at approximately $1,113,000. EAM Investors LLC owned 0.16% of Marcus at the end of the most recent quarter.

Several other large investors have also modified their holdings of MCS. Proficio Capital Partners LLC acquired a new position in Marcus in the 4th quarter valued at $680,000. Prudential Financial Inc. raised its holdings in 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. Connor Clark & Lunn Investment Management Ltd. lifted its position in Marcus by 22.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 102,030 shares of the company's stock valued at $2,194,000 after purchasing an additional 18,929 shares during the period. Barclays PLC increased its position in Marcus by 135.3% during the 3rd quarter. Barclays PLC now owns 392,388 shares of the company's stock worth $5,913,000 after purchasing an additional 225,644 shares during the period. Finally, Renaissance Technologies LLC increased its position in Marcus by 303.7% during the 4th quarter. Renaissance Technologies LLC now owns 257,089 shares of the company's stock worth $5,527,000 after purchasing an additional 193,400 shares during the period. Hedge funds and other institutional investors own 81.57% of the company's stock.

Marcus Price Performance

NYSE MCS traded up $0.27 during mid-day trading on Tuesday, hitting $16.26. The stock had a trading volume of 15,412 shares, compared to its average volume of 202,943. The company has a 50 day simple moving average of $17.55 and a 200 day simple moving average of $19.33. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The company has a market cap of $516.08 million, a price-to-earnings ratio of -47.81, a P/E/G ratio of 3.12 and a beta of 1.24. The Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16.

Marcus Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Tuesday, February 25th. Marcus's dividend payout ratio (DPR) is presently -107.69%.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Barrington Research decreased their price target on Marcus from $27.00 to $25.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Benchmark reaffirmed a "buy" rating and set a $25.00 price target on shares of Marcus in a research note on Friday, April 11th. Finally, StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th.

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.