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

The Marcus Co. (NYSE:MCS - Get Free Report) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 726,500 shares, a growth of 21.0% from the January 15th total of 600,300 shares. Based on an average daily volume of 201,500 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.2% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. StockNews.com raised shares of Marcus from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Benchmark restated a "buy" rating and issued a $25.00 price objective on shares of Marcus in a research report on Thursday, January 30th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $24.00 price target on shares of Marcus in a report on Wednesday, November 13th.

Marcus Trading Down 2.8 %

Shares of MCS traded down $0.63 during midday trading on Wednesday, hitting $21.62. 219,251 shares of the stock were exchanged, compared to its average volume of 170,855. The firm has a market cap of $680.60 million, a P/E ratio of -63.59, a P/E/G ratio of 3.19 and a beta of 1.53. The stock has a fifty day simple moving average of $20.97 and a 200 day simple moving average of $18.45. Marcus has a 52-week low of $9.56 and a 52-week high of $23.16. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54.

Marcus Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be paid a dividend of $0.07 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.30%. Marcus's dividend payout ratio (DPR) is -82.35%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership boosted its stake in shares of Marcus by 69.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company's stock valued at $12,881,000 after buying an additional 246,375 shares during the last quarter. Barclays PLC raised 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 acquiring an additional 225,644 shares during the period. Renaissance Technologies LLC grew its position in Marcus by 303.7% during 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. Peapod Lane Capital LLC bought a new position in shares of Marcus during the fourth quarter valued at $3,258,000. Finally, American Century Companies Inc. increased its holdings in shares of Marcus by 23.4% in the fourth quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock valued at $15,837,000 after purchasing an additional 139,577 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

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.