Swiss National Bank Has $1.01 Million Stock Holdings in The Marcus Co. (NYSE:MCS)

Swiss National Bank increased its stake in The Marcus Co. (NYSE:MCS) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 47,100 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Swiss National Bank’s holdings in Marcus were worth $1,013,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in Marcus by 2,057.5% in the third quarter. BNP Paribas Financial Markets now owns 52,406 shares of the company’s stock valued at $790,000 after buying an additional 49,977 shares during the period. Walleye Trading LLC lifted its stake in shares of Marcus by 14.5% in 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 during the period. Barclays PLC boosted its position in shares of Marcus by 135.3% in the 3rd quarter. Barclays PLC now owns 392,388 shares of the company’s stock worth $5,913,000 after purchasing an additional 225,644 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Marcus by 1.3% during the third quarter. Geode Capital Management LLC now owns 561,687 shares of the company’s stock worth $8,467,000 after purchasing an additional 7,320 shares during the period. Finally, Range Financial Group LLC bought a new stake in Marcus in the fourth quarter valued at about $882,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

Marcus Stock Down 3.4 %

NYSE:MCS opened at $16.56 on Friday. The Marcus Co. has a 1 year low of $9.56 and a 1 year high of $23.16. The stock has a 50-day moving average price of $19.24 and a two-hundred day moving average price of $19.20. The stock has a market cap of $525.76 million, a price-to-earnings ratio of -48.71, a PEG ratio of 3.12 and a beta of 1.57. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38.

Marcus Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given a $0.07 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.28 annualized dividend and a dividend yield of 1.69%. Marcus’s dividend payout ratio is presently -107.69%.

Analyst Upgrades and Downgrades

MCS has been the topic of a number of recent analyst reports. Barrington Research restated an “outperform” rating and set a $27.00 target price on shares of Marcus in a report on Thursday, February 27th. Benchmark reissued a “buy” rating and set a $25.00 price objective on shares of Marcus in a research note on Thursday, January 30th. Finally, StockNews.com downgraded shares of Marcus from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th.

About Marcus

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.