JPMorgan Chase & Co. Sells 136,362 Shares of The Marcus Co. (NYSE:MCS)

JPMorgan Chase & Co. decreased its position in The Marcus Co. (NYSE:MCS - Free Report) by 45.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 164,783 shares of the company's stock after selling 136,362 shares during the quarter. JPMorgan Chase & Co. owned about 0.52% of Marcus worth $3,543,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MCS. Barclays PLC boosted its stake in shares of 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 during the period. Geode Capital Management LLC boosted its holdings in shares of Marcus by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock valued at $8,467,000 after purchasing an additional 7,320 shares in the last quarter. Range Financial Group LLC bought a new position in shares of Marcus in the 4th quarter valued at $882,000. SG Americas Securities LLC boosted its stake in Marcus by 54.9% in the fourth quarter. SG Americas Securities LLC now owns 19,944 shares of the company's stock valued at $429,000 after buying an additional 7,067 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in 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 acquiring an additional 8,207 shares in the last quarter. Institutional investors own 81.57% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Barrington Research decreased their price target on shares of Marcus from $27.00 to $25.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Finally, Benchmark reissued a "buy" rating and set a $25.00 price objective on shares of Marcus in a report on Friday, April 11th.

Marcus Trading Down 0.1 %

MCS traded down $0.02 during midday trading on Friday, hitting $16.43. 22,206 shares of the company were exchanged, compared to its average volume of 426,108. The firm's 50 day moving average price is $17.21 and its 200-day moving average price is $19.30. 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 firm has a market capitalization of $521.60 million, a P/E ratio of -48.25, 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were issued a $0.07 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.28 annualized dividend and a yield of 1.70%. Marcus's payout ratio is -107.69%.

Marcus 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.