Savant Capital LLC cut its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 83.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,371 shares of the company's stock after selling 63,999 shares during the quarter. Savant Capital LLC's holdings in Marcus were worth $266,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of MCS. nVerses Capital LLC acquired a new position in shares of Marcus in the 3rd quarter valued at approximately $32,000. CWM LLC boosted its position in Marcus by 98.8% during the 3rd quarter. CWM LLC now owns 5,709 shares of the company's stock worth $86,000 after acquiring an additional 2,837 shares during the last quarter. Creative Planning acquired a new position in Marcus during the 3rd quarter worth approximately $159,000. SG Americas Securities LLC acquired a new position in Marcus during the 3rd quarter worth approximately $194,000. Finally, Assenagon Asset Management S.A. acquired a new position in Marcus during the 3rd quarter worth approximately $432,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.
Marcus Stock Down 3.0 %
Shares of Marcus stock traded down $0.64 on Friday, reaching $20.89. 190,297 shares of the company were exchanged, compared to its average volume of 172,447. The Marcus Co. has a one year low of $9.56 and a one year high of $23.16. The company has a market capitalization of $657.62 million, a price-to-earnings ratio of -61.44, a PEG ratio of 3.14 and a beta of 1.53. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average of $20.96 and a 200 day moving average of $18.47.
Marcus Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Tuesday, February 25th. Marcus's dividend payout ratio (DPR) is presently -82.35%.
Analyst Upgrades and Downgrades
MCS has been the subject of a number of recent research reports. Benchmark reaffirmed a "buy" rating and set a $25.00 price target on shares of Marcus in a research report on Thursday, January 30th. StockNews.com raised Marcus from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $24.00 price target on shares of Marcus in a research report on Wednesday, November 13th.
View Our Latest Report on MCS
About Marcus
(
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.
Further Reading
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