Marcus’ (MCS) “Outperform” Rating Reiterated at Barrington Research

Barrington Research reiterated their outperform rating on shares of Marcus (NYSE:MCS) in a research note issued to investors on Thursday,Benzinga reports. They currently have a $27.00 price objective on the stock.

Several other research analysts also recently commented on the stock. StockNews.com raised shares of Marcus from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Benchmark reissued a “buy” rating and set a $25.00 price target on shares of Marcus in a research note on Thursday, January 30th.

Marcus Trading Down 1.0 %

MCS stock opened at $18.36 on Thursday. The company has a market capitalization of $577.85 million, a PE ratio of -53.99, a price-to-earnings-growth ratio of 3.12 and a beta of 1.53. Marcus has a one year low of $9.56 and a one year high of $23.16. The company’s 50 day moving average price is $20.78 and its two-hundred day moving average price is $18.81. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54.

Marcus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Tuesday, February 25th. Marcus’s payout ratio is -82.35%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Invesco Ltd. boosted its holdings in Marcus by 0.8% in the fourth quarter. Invesco Ltd. now owns 64,448 shares of the company’s stock valued at $1,386,000 after acquiring an additional 511 shares in the last quarter. Sterling Capital Management LLC boosted its holdings in Marcus by 8.5% in the fourth quarter. Sterling Capital Management LLC now owns 8,876 shares of the company’s stock valued at $191,000 after acquiring an additional 693 shares in the last quarter. Swiss National Bank boosted its holdings in Marcus by 2.2% in the fourth 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 in the last quarter. Bank of Montreal Can boosted its holdings in Marcus by 0.6% in the fourth quarter. Bank of Montreal Can now owns 259,666 shares of the company’s stock valued at $5,583,000 after acquiring an additional 1,536 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in Marcus by 2,908.9% in the fourth quarter. Lazard Asset Management LLC now owns 2,377 shares of the company’s stock valued at $51,000 after acquiring an additional 2,298 shares in the last quarter. 81.57% of the stock is owned by hedge funds and other institutional investors.

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.