The Marcus Co. (NYSE:MCS) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its stake in shares of The Marcus Co. (NYSE:MCS) by 7.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,850 shares of the company’s stock after selling 5,679 shares during the period. Victory Capital Management Inc. owned 0.24% of Marcus worth $1,631,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Proficio Capital Partners LLC acquired a new position in shares of Marcus during the 4th quarter worth approximately $680,000. Y Intercept Hong Kong Ltd acquired a new position in Marcus in the 4th quarter valued at $274,000. Ieq Capital LLC acquired a new position in Marcus in the 4th quarter valued at $220,000. Peapod Lane Capital LLC acquired a new position in Marcus in the 4th quarter valued at $3,258,000. Finally, Empowered Funds LLC raised its holdings in Marcus by 5.1% in the 4th quarter. Empowered Funds LLC now owns 169,183 shares of the company’s stock valued at $3,637,000 after acquiring an additional 8,207 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MCS. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a report on Tuesday, March 11th. Benchmark reiterated a “buy” rating and issued a $25.00 price target on shares of Marcus in a report on Thursday, January 30th. Finally, Barrington Research reiterated an “outperform” rating and issued a $27.00 price target on shares of Marcus in a report on Thursday, February 27th.

Marcus Stock Down 1.4 %

Shares of NYSE MCS opened at $16.24 on Wednesday. The Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16. The firm has a fifty day moving average of $19.66 and a 200-day moving average of $19.07. The stock has a market capitalization of $515.67 million, a PE ratio of -47.77, a P/E/G ratio of 3.12 and a beta of 1.57. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38.

Marcus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid 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 dividend yield of 1.72%. Marcus’s dividend payout ratio is presently -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.