Benchmark Increases Marcus (NYSE:MCS) Price Target to $25.00

Marcus (NYSE:MCS) had its price target lifted by analysts at Benchmark from $22.00 to $25.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price target would indicate a potential upside of 14.05% from the company’s previous close.

A number of other analysts have also issued reports on the stock. Barrington Research reissued an “outperform” rating and set a $24.00 target price on shares of Marcus in a research note on Wednesday, November 13th. StockNews.com raised shares of Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th.

Marcus Price Performance

Shares of MCS stock opened at $21.92 on Monday. The stock has a 50 day moving average price of $17.85 and a 200 day moving average price of $14.11. The firm has a market capitalization of $690.09 million, a P/E ratio of -64.65, a P/E/G ratio of 4.98 and a beta of 1.48. 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 has a 52-week low of $9.56 and a 52-week high of $22.73.

Insider Activity at Marcus

In other news, VP Thomas F. Kissinger sold 8,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $22.31, for a total transaction of $178,480.00. Following the transaction, the vice president now directly owns 186,585 shares in the company, valued at approximately $4,162,711.35. This trade represents a 4.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Marcus

A number of hedge funds have recently bought and sold shares of the stock. Innealta Capital LLC bought a new position in shares of Marcus in the 2nd quarter worth $30,000. nVerses Capital LLC purchased a new position in Marcus in the third quarter valued at about $32,000. CWM LLC raised its holdings in Marcus by 3,319.0% in the second quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after purchasing an additional 2,788 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Marcus by 53.0% during the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after buying an additional 1,336 shares during the last quarter. Finally, Creative Planning bought a new stake in shares of Marcus in the 3rd quarter valued at about $159,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

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.