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

Barrington Research reaffirmed their outperform rating on shares of Marcus (NYSE:MCS) in a report released on Thursday,Benzinga reports. They currently have a $27.00 price objective on the stock.

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

Marcus Stock Performance

NYSE:MCS opened at $18.57 on Thursday. The stock’s 50-day moving average is $20.84 and its 200-day moving average is $18.74. The stock has a market cap of $584.46 million, a P/E ratio of -54.60, a price-to-earnings-growth ratio of 3.12 and a beta of 1.53. Marcus has a 1-year low of $9.56 and a 1-year high of $23.16. 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 company 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 $0.07 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.51%. Marcus’s dividend payout ratio (DPR) is currently -82.35%.

Institutional Investors Weigh In On Marcus

Several large investors have recently modified their holdings of the company. Invesco Ltd. boosted its position in Marcus by 0.8% during the fourth quarter. Invesco Ltd. now owns 64,448 shares of the company’s stock valued at $1,386,000 after acquiring an additional 511 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of Marcus by 8.5% in the 4th quarter. Sterling Capital Management LLC now owns 8,876 shares of the company’s stock valued at $191,000 after purchasing an additional 693 shares during the period. Swiss National Bank grew its stake in Marcus by 2.2% during the fourth quarter. Swiss National Bank now owns 47,100 shares of the company’s stock worth $1,013,000 after purchasing an additional 1,000 shares during the period. Bank of Montreal Can increased its holdings in Marcus by 0.6% in the fourth quarter. Bank of Montreal Can now owns 259,666 shares of the company’s stock worth $5,583,000 after purchasing an additional 1,536 shares in the last quarter. Finally, Lazard Asset Management LLC increased its holdings in Marcus by 2,908.9% in the fourth quarter. Lazard Asset Management LLC now owns 2,377 shares of the company’s stock worth $51,000 after purchasing an additional 2,298 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

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.