The Marcus Co. (NYSE:MCS) Short Interest Update

The Marcus Co. (NYSE:MCS - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 623,900 shares, a decrease of 21.3% from the February 28th total of 793,000 shares. Currently, 2.7% of the company's stock are short sold. Based on an average trading volume of 213,600 shares, the short-interest ratio is currently 2.9 days.

Institutional Trading of Marcus

Several hedge funds and other institutional investors have recently bought and sold shares of MCS. Lazard Asset Management LLC raised its position in shares of Marcus by 2,908.9% during the fourth quarter. Lazard Asset Management LLC now owns 2,377 shares of the company's stock valued at $51,000 after buying an additional 2,298 shares during the last quarter. Quarry LP acquired a new stake in shares of Marcus during the 4th quarter worth approximately $70,000. National Bank of Canada FI increased its position in shares of Marcus by 407,500.0% during the fourth quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock valued at $88,000 after purchasing an additional 4,075 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Marcus in the fourth quarter valued at $114,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Marcus in the fourth quarter valued at $130,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MCS has been the subject of a number of recent analyst reports. Benchmark reaffirmed a "buy" rating and set a $25.00 target price on shares of Marcus in a research report on Thursday, January 30th. 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, StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th.

Marcus Stock Performance

Shares of MCS stock traded down $0.76 during trading hours on Friday, reaching $15.23. 200,039 shares of the company's stock were exchanged, compared to its average volume of 441,451. Marcus 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 market capitalization of $483.54 million, a P/E ratio of -44.79, a P/E/G ratio of 3.12 and a beta of 1.57. The business has a fifty day moving average price of $18.85 and a 200-day moving average price of $19.24.

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 paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus's payout ratio is currently -107.69%.

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.