Proficio Capital Partners LLC Buys New Shares in The Marcus Co. (NYSE:MCS)

Proficio Capital Partners LLC acquired a new stake in shares of The Marcus Co. (NYSE:MCS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 31,605 shares of the company's stock, valued at approximately $680,000. Proficio Capital Partners LLC owned approximately 0.10% of Marcus at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Marcus by 142.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 83,101 shares of the company's stock worth $1,252,000 after buying an additional 48,759 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Marcus by 2,057.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 52,406 shares of the company's stock valued at $790,000 after buying an additional 49,977 shares during the last quarter. Walleye Trading LLC boosted its holdings in shares of Marcus by 14.5% during the third quarter. Walleye Trading LLC now owns 34,000 shares of the company's stock worth $512,000 after purchasing an additional 4,300 shares during the period. Barclays PLC lifted its holdings in Marcus by 135.3% in the 3rd quarter. Barclays PLC now owns 392,388 shares of the company's stock worth $5,913,000 after buying an additional 225,644 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Marcus by 1.3% in the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock valued at $8,467,000 after acquiring an additional 7,320 shares in the last quarter. Institutional investors own 81.57% of the company's stock.

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Analyst Upgrades and Downgrades

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

Marcus Stock Performance

Shares of NYSE:MCS traded up $0.23 during trading on Wednesday, hitting $17.41. The company's stock had a trading volume of 138,673 shares, compared to its average volume of 435,851. The company has a 50-day moving average of $19.40 and a 200-day moving average of $19.18. The firm has a market cap of $552.72 million, a price-to-earnings ratio of -51.20, a P/E/G ratio of 3.12 and a beta of 1.57. The Marcus Co. has a 12 month low of $9.56 and a 12 month 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.

Marcus Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 annualized dividend and a yield of 1.61%. Marcus's dividend payout ratio (DPR) is presently -107.69%.

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.