Marshall Wace LLP Raises Stock Position in The Marcus Co. (NYSE:MCS)

Marshall Wace LLP increased its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 24.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 254,607 shares of the company's stock after purchasing an additional 49,844 shares during the period. Marshall Wace LLP owned 0.81% of Marcus worth $5,474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MCS. EAM Investors LLC bought a new position in shares of Marcus during the fourth quarter worth $1,113,000. Walleye Capital LLC bought a new stake in shares of Marcus during the 4th quarter worth approximately $856,000. Sterling Capital Management LLC boosted its stake in shares of Marcus by 8.5% during the fourth quarter. Sterling Capital Management LLC now owns 8,876 shares of the company's stock valued at $191,000 after purchasing an additional 693 shares during the period. Martingale Asset Management L P purchased a new stake in shares of Marcus in the 4th quarter worth approximately $941,000. Finally, Renaissance Technologies LLC raised its stake in Marcus by 303.7% in the fourth quarter. Renaissance Technologies LLC now owns 257,089 shares of the company's stock worth $5,527,000 after buying an additional 193,400 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on MCS. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Barrington Research reduced their price objective on shares of Marcus from $27.00 to $25.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Finally, Benchmark reissued a "buy" rating and set a $25.00 target price on shares of Marcus in a research report on Friday, April 11th.

Marcus Price Performance

Shares of NYSE MCS traded up $0.14 during trading on Friday, hitting $16.59. The company had a trading volume of 108,175 shares, compared to its average volume of 427,922. The Marcus Co. has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. 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 stock has a fifty day simple moving average of $17.10 and a two-hundred day simple moving average of $19.34. The firm has a market capitalization of $526.56 million, a price-to-earnings ratio of -48.78, a price-to-earnings-growth ratio of 3.12 and a beta of 1.24.

Marcus Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.69%. Marcus's payout ratio is currently -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.