Prudential Financial Inc. Raises Stake in The Marcus Co. (NYSE:MCS)

Prudential Financial Inc. increased its stake in shares of The Marcus Co. (NYSE:MCS - Free Report) by 1,102.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,220 shares of the company's stock after acquiring an additional 130,388 shares during the quarter. Prudential Financial Inc. owned about 0.45% of Marcus worth $3,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Marcus by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 1,440,951 shares of the company's stock worth $30,980,000 after buying an additional 8,102 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of Marcus in the 4th quarter valued at $329,000. KLP Kapitalforvaltning AS purchased a new stake in Marcus in the 4th quarter valued at $114,000. American Century Companies Inc. boosted its stake in Marcus by 23.4% during the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock worth $15,837,000 after purchasing an additional 139,577 shares during the period. Finally, Semanteon Capital Management LP purchased a new position in Marcus during the 4th quarter worth $580,000. 81.57% of the stock is owned by hedge funds and other institutional investors.

Marcus Stock Performance

Shares of NYSE:MCS traded up $0.13 during midday trading on Monday, hitting $15.39. The stock had a trading volume of 278,294 shares, compared to its average volume of 441,602. The company has a market capitalization of $488.62 million, a PE ratio of -45.26, a P/E/G ratio of 3.12 and a beta of 1.24. The Marcus Co. has a 1 year low of $9.56 and a 1 year high of $23.16. The stock has a 50 day moving average price of $18.76 and a two-hundred day moving average price of $19.30. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38.

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Marcus Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus's payout ratio is -107.69%.

Analyst Upgrades and Downgrades

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

Marcus Company 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.