The Marcus Co. (NYSE:MCS) Shares Purchased by Sterling Capital Management LLC

Sterling Capital Management LLC raised its stake in The Marcus Co. (NYSE:MCS) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,876 shares of the company’s stock after acquiring an additional 693 shares during the quarter. Sterling Capital Management LLC’s holdings in Marcus were worth $191,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Invesco Ltd. boosted its holdings in Marcus by 0.8% during the fourth quarter. Invesco Ltd. now owns 64,448 shares of the company’s stock worth $1,386,000 after buying an additional 511 shares in the last quarter. Swiss National Bank grew its position in shares of Marcus by 2.2% during the 4th quarter. Swiss National Bank now owns 47,100 shares of the company’s stock valued at $1,013,000 after acquiring an additional 1,000 shares during the period. Bank of Montreal Can increased its stake in shares of Marcus by 0.6% in the 4th quarter. Bank of Montreal Can now owns 259,666 shares of the company’s stock valued at $5,583,000 after purchasing an additional 1,536 shares in the last quarter. National Bank of Canada FI grew its holdings in Marcus by 407,500.0% in the fourth quarter. National Bank of Canada FI now owns 4,076 shares of the company’s stock valued at $88,000 after purchasing an additional 4,075 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Marcus during the fourth quarter worth about $114,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

Wall Street Analyst Weigh In

MCS has been the topic of a number of research reports. Benchmark reissued a “buy” rating and issued a $25.00 target price on shares of Marcus in a research note on Friday, April 11th. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a research report on Tuesday, March 11th. Finally, Barrington Research decreased their target price 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.

Marcus Stock Down 1.0 %

Marcus stock opened at $16.03 on Tuesday. The firm has a 50 day moving average price of $17.55 and a 200 day moving average price of $19.33. 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 Marcus Co. has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The company has a market capitalization of $508.94 million, a PE ratio of -47.15, a price-to-earnings-growth ratio of 3.12 and a beta of 1.24.

Marcus Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 annualized dividend and a yield of 1.75%. Marcus’s dividend payout ratio (DPR) is -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.