Jackson Creek Investment Advisors LLC acquired a new stake in shares of The Marcus Co. (NYSE:MCS - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 74,665 shares of the company's stock, valued at approximately $1,605,000. Jackson Creek Investment Advisors LLC owned 0.24% of Marcus at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Creative Planning bought a new stake in Marcus during the third quarter valued at about $159,000. Ieq Capital LLC bought a new stake in Marcus during the 4th quarter valued at approximately $220,000. Y Intercept Hong Kong Ltd purchased a new position in Marcus in the 4th quarter worth approximately $274,000. SG Americas Securities LLC boosted its stake in Marcus by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 19,944 shares of the company's stock worth $429,000 after purchasing an additional 7,067 shares during the period. Finally, Walleye Trading LLC grew its holdings in Marcus by 14.5% during the 3rd quarter. Walleye Trading LLC now owns 34,000 shares of the company's stock valued at $512,000 after buying an additional 4,300 shares in the last quarter. Hedge funds and other institutional investors own 81.57% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on MCS. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday. Benchmark reiterated a "buy" rating and issued a $25.00 price target on shares of Marcus in a research note on Thursday, January 30th. Finally, Barrington Research reissued an "outperform" rating and set a $27.00 price objective on shares of Marcus in a report on Thursday, February 27th.
Get Our Latest Research Report on MCS
Marcus Price Performance
Shares of NYSE MCS traded down $0.04 during midday trading on Tuesday, reaching $16.06. 327,449 shares of the stock traded hands, compared to its average volume of 440,341. The company's 50 day moving average is $20.24 and its 200 day moving average is $18.98. The Marcus Co. has a one year low of $9.56 and a one year high of $23.16. 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 capitalization of $505.60 million, a PE ratio of -47.24, a P/E/G ratio of 3.12 and a beta of 1.57.
Marcus Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Tuesday, February 25th. Marcus's dividend payout ratio is -107.69%.
Marcus Profile
(
Free Report)
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.
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