Proficio Capital Partners LLC Invests $680,000 in The Marcus Co. (NYSE:MCS)

Proficio Capital Partners LLC bought a new position in shares of The Marcus Co. (NYSE:MCS) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 31,605 shares of the company’s stock, valued at approximately $680,000. Proficio Capital Partners LLC owned 0.10% of Marcus at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MCS. Creative Planning acquired a new position in shares of Marcus during the 3rd quarter worth about $159,000. Empowered Funds LLC lifted its holdings in shares of Marcus by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 160,976 shares of the company’s stock valued at $2,426,000 after purchasing an additional 8,174 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Marcus by 142.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 83,101 shares of the company’s stock valued at $1,252,000 after purchasing an additional 48,759 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Marcus by 2,057.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 52,406 shares of the company’s stock valued at $790,000 after purchasing an additional 49,977 shares in the last quarter. Finally, Walleye Trading LLC lifted its holdings in shares of Marcus by 14.5% during the 3rd quarter. Walleye Trading LLC now owns 34,000 shares of the company’s stock valued at $512,000 after purchasing an additional 4,300 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Marcus Trading Up 0.0 %

Shares of Marcus stock opened at $16.64 on Monday. The Marcus Co. has a 12-month low of $9.56 and a 12-month high of $23.16. The stock has a market cap of $523.95 million, a P/E ratio of -48.95, 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. The business’s 50 day moving average is $20.34 and its 200-day moving average is $18.97.

Marcus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Tuesday, February 25th. Marcus’s payout ratio is presently -107.69%.

Analysts Set New Price Targets

Several equities research analysts have commented on MCS shares. Barrington Research restated an “outperform” rating and issued a $27.00 target price on shares of Marcus in a research note on Thursday, February 27th. StockNews.com cut Marcus from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Benchmark restated a “buy” rating and issued a $25.00 target price on shares of Marcus in a research note on Thursday, January 30th.

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.