Walleye Capital LLC Buys Shares of 39,792 The Marcus Co. (NYSE:MCS)

Walleye Capital LLC acquired a new position in The Marcus Co. (NYSE:MCS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 39,792 shares of the company's stock, valued at approximately $856,000. Walleye Capital LLC owned about 0.13% of Marcus as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company's stock worth $5,913,000 after buying an additional 225,644 shares during the last quarter. Geode Capital Management LLC grew its stake in Marcus by 1.3% during the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company's stock valued at $8,467,000 after acquiring an additional 7,320 shares in the last quarter. Range Financial Group LLC bought a new stake in shares of Marcus in the fourth quarter worth about $882,000. SG Americas Securities LLC raised its holdings in shares of Marcus by 54.9% during the 4th quarter. SG Americas Securities LLC now owns 19,944 shares of the company's stock worth $429,000 after acquiring an additional 7,067 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Marcus by 5.1% in the 4th quarter. Empowered Funds LLC now owns 169,183 shares of the company's stock worth $3,637,000 after buying an additional 8,207 shares in the last quarter. 81.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MCS shares. Benchmark reaffirmed a "buy" rating and issued a $25.00 price objective on shares of Marcus in a research note on Friday, April 11th. Barrington Research lowered their price target on Marcus from $27.00 to $25.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, StockNews.com cut shares of Marcus from a "buy" rating to a "hold" rating in a research report on Tuesday, March 11th.

Marcus Trading Up 0.8 %

MCS stock traded up $0.14 during midday trading on Friday, reaching $16.59. The company's stock had a trading volume of 108,175 shares, compared to its average volume of 427,078. The stock has a fifty day simple moving average of $17.10 and a two-hundred day simple moving average of $19.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $526.56 million, a price-to-earnings ratio of -48.78, a PEG 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 business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a yield of 1.69%. Marcus's dividend payout ratio is currently -107.69%.

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.