Trexquant Investment LP Purchases Shares of 20,851 The Marcus Co. (NYSE:MCS)

Trexquant Investment LP acquired a new position in shares of The Marcus Co. (NYSE:MCS) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 20,851 shares of the company’s stock, valued at approximately $448,000.

Several other large investors have also made changes to their positions in MCS. National Bank of Canada FI raised its holdings in shares of Marcus by 407,500.0% in the 4th quarter. National Bank of Canada FI now owns 4,076 shares of the company’s stock worth $88,000 after purchasing an additional 4,075 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Marcus during the fourth quarter worth approximately $114,000. Meeder Asset Management Inc. acquired a new stake in shares of Marcus in the fourth quarter worth $130,000. Ieq Capital LLC purchased a new position in shares of Marcus in the 4th quarter valued at $220,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Marcus during the 4th quarter worth $274,000. 81.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on MCS shares. Barrington Research reissued an “outperform” rating and issued a $27.00 price objective on shares of Marcus in a research report on Thursday, February 27th. Benchmark reissued a “buy” rating and set a $25.00 price target on shares of Marcus in a research report on Friday. Finally, StockNews.com cut Marcus from a “buy” rating to a “hold” rating in a report on Tuesday, March 11th.

Marcus Stock Performance

NYSE:MCS opened at $15.92 on Friday. The firm has a 50-day moving average of $18.20 and a two-hundred day moving average of $19.28. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market cap of $505.48 million, a P/E ratio of -46.83, 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.07 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a yield of 1.76%. 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.