The Marcus Co. (NYSE:MCS) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC grew its stake in The Marcus Co. (NYSE:MCS - Free Report) by 303.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 257,089 shares of the company's stock after buying an additional 193,400 shares during the quarter. Renaissance Technologies LLC owned 0.82% of Marcus worth $5,527,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in MCS. Vanguard Group Inc. lifted its stake in Marcus by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 1,440,951 shares of the company's stock worth $30,980,000 after acquiring an additional 8,102 shares during the last quarter. American Century Companies Inc. lifted its position in shares of 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 last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Marcus by 69.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company's stock worth $12,881,000 after purchasing an additional 246,375 shares in the last quarter. Geode Capital Management LLC increased its holdings in Marcus by 1.3% in the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock valued at $8,467,000 after buying an additional 7,320 shares during the last quarter. Finally, Barclays PLC raised its stake in Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company's stock valued at $5,913,000 after buying an additional 225,644 shares in the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

Marcus Trading Up 1.0 %

NYSE:MCS opened at $16.16 on Monday. 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 Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16. The stock's 50 day moving average price is $17.67 and its 200 day moving average price is $19.33. The company has a market capitalization of $513.03 million, a PE ratio of -47.53, a P/E/G ratio of 3.12 and a beta of 1.24.

Marcus Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given a $0.07 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.28 annualized dividend and a yield of 1.73%. Marcus's dividend payout ratio (DPR) is -107.69%.

Analyst Ratings Changes

MCS has been the topic of a number of recent analyst reports. StockNews.com downgraded Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Benchmark reiterated a "buy" rating and issued a $25.00 price target on shares of Marcus in a research note on Friday, April 11th. Finally, Barrington Research lowered their target price on shares of Marcus from $27.00 to $25.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th.

About Marcus

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.

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