The Marcus Co. (NYSE:MCS) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its position in shares of The Marcus Co. (NYSE:MCS - Free Report) by 69.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 599,118 shares of the company's stock after purchasing an additional 246,375 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.90% of Marcus worth $12,881,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Marcus by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 1,440,951 shares of the company's stock valued at $30,980,000 after acquiring an additional 8,102 shares during the period. American Century Companies Inc. increased its position in shares of Marcus by 23.4% during the fourth 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 in the last quarter. Geode Capital Management LLC increased its position in shares of Marcus by 1.3% during the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock worth $8,467,000 after purchasing an additional 7,320 shares in the last quarter. Barclays PLC increased its position in shares of Marcus by 135.3% during the third quarter. Barclays PLC now owns 392,388 shares of the company's stock worth $5,913,000 after purchasing an additional 225,644 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Marcus by 5.1% during the fourth quarter. Empowered Funds LLC now owns 169,183 shares of the company's stock worth $3,637,000 after purchasing an additional 8,207 shares in the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several brokerages recently commented on MCS. Benchmark reiterated a "buy" rating and set a $25.00 price target on shares of Marcus in a research report on Thursday, January 30th. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Finally, Barrington Research restated an "outperform" rating and issued a $27.00 target price on shares of Marcus in a report on Thursday, February 27th.

Marcus Trading Down 1.8 %

NYSE:MCS traded down $0.30 during trading hours on Thursday, hitting $16.15. The company had a trading volume of 8,705 shares, compared to its average volume of 209,609. 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 $18.39 and a 200 day moving average of $19.27. The company has a market cap of $512.75 million, a P/E ratio of -47.50, 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.

Marcus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus's dividend payout ratio (DPR) is presently -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.