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

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

Other analysts have also recently issued research reports about the stock. Benchmark restated a “buy” rating and set a $25.00 target price on shares of Marcus in a report on Thursday, January 30th. StockNews.com raised Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th.

Marcus Stock Performance

Shares of MCS stock opened at $18.36 on Thursday. Marcus has a 12 month low of $9.56 and a 12 month high of $23.16. The stock has a market cap 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. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The company’s fifty day moving average price is $20.78 and its 200-day moving average price is $18.81.

Marcus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Tuesday, February 25th. Marcus’s payout ratio is currently -82.35%.

Institutional Investors Weigh In On Marcus

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. increased its holdings in Marcus by 0.8% in the 4th quarter. Invesco Ltd. now owns 64,448 shares of the company’s stock worth $1,386,000 after acquiring an additional 511 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of Marcus by 8.5% during the 4th 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 during the last quarter. Swiss National Bank boosted 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 last quarter. Bank of Montreal Can boosted its position in shares of Marcus by 0.6% during the 4th 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 during the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of Marcus by 2,908.9% during the 4th 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 during 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.