The Marcus Co. (NYSE:MCS) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. decreased its holdings in The Marcus Co. (NYSE:MCS) by 20.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,800 shares of the company’s stock after selling 22,200 shares during the quarter. Marcus accounts for about 0.9% of Teton Advisors Inc.’s holdings, making the stock its 27th largest holding. Teton Advisors Inc.’s holdings in Marcus were worth $1,823,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MCS. Arrowstreet Capital Limited Partnership increased its position in shares of Marcus by 69.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company’s stock worth $12,881,000 after purchasing an additional 246,375 shares in the last quarter. Barclays PLC lifted its stake in shares of Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company’s stock worth $5,913,000 after buying an additional 225,644 shares in the last quarter. Renaissance Technologies LLC grew its stake in Marcus by 303.7% during the 4th quarter. Renaissance Technologies LLC now owns 257,089 shares of the company’s stock valued at $5,527,000 after acquiring an additional 193,400 shares in the last quarter. Peapod Lane Capital LLC purchased a new position in Marcus in the 4th quarter worth approximately $3,258,000. Finally, American Century Companies Inc. boosted its holdings in shares of Marcus by 23.4% during the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company’s stock worth $15,837,000 after purchasing an additional 139,577 shares during the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MCS. Benchmark reaffirmed a “buy” rating and set a $25.00 target price on shares of Marcus in a research note on Friday. Barrington Research reiterated an “outperform” rating and set a $27.00 price target on shares of Marcus in a report on Thursday, February 27th. Finally, StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a research report on Tuesday, March 11th.

Marcus Price Performance

Marcus stock opened at $16.16 on Tuesday. 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 Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16. The firm has a market cap of $513.06 million, a PE ratio of -47.53, a price-to-earnings-growth ratio of 3.12 and a beta of 1.24. The company’s 50 day moving average is $18.10 and its two-hundred day moving average is $19.32.

Marcus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus’s payout ratio is currently -107.69%.

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.