Dimensional Fund Advisors LP Buys 24,325 Shares of The Marcus Co. (NYSE:MCS)

Dimensional Fund Advisors LP increased its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,481,190 shares of the company's stock after buying an additional 24,325 shares during the period. Dimensional Fund Advisors LP owned 4.71% of Marcus worth $31,845,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. National Bank of Canada FI lifted its position in Marcus by 407,500.0% during the fourth quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock worth $88,000 after purchasing an additional 4,075 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of Marcus during the 4th quarter worth approximately $114,000. Meeder Asset Management Inc. acquired a new stake in shares of Marcus during the 4th quarter worth approximately $130,000. Sterling Capital Management LLC increased its stake in Marcus by 8.5% in the fourth 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. Finally, Ieq Capital LLC acquired a new position in Marcus during the fourth quarter valued at approximately $220,000. 81.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MCS shares. Benchmark reiterated a "buy" rating and issued a $25.00 price target on shares of Marcus in a research note on Friday, April 11th. Barrington Research reissued an "outperform" rating and set a $25.00 target price on shares of Marcus in a research note on Tuesday. Finally, StockNews.com raised shares of Marcus from a "hold" rating to a "buy" rating in a report on Wednesday.

Marcus Price Performance

Shares of NYSE MCS traded up $0.07 during mid-day trading on Friday, hitting $16.91. 160,143 shares of the stock traded hands, compared to its average volume of 409,586. The company has a market cap of $536.88 million, a PE ratio of -49.74, a price-to-earnings-growth ratio of 3.12 and a beta of 1.22. The Marcus Co. has a twelve month low of $9.56 and a twelve month high of $23.16. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. The firm has a 50 day simple moving average of $16.45 and a two-hundred day simple moving average of $19.35.

Marcus (NYSE:MCS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported ($0.54) EPS for the quarter, missing analysts' consensus estimates of ($0.52) by ($0.02). Marcus had a negative net margin of 1.44% and a positive return on equity of 1.39%. The firm had revenue of $148.77 million for the quarter, compared to analyst estimates of $145.50 million. As a group, equities research analysts forecast that The Marcus Co. will post 0.36 EPS for the current fiscal year.

Marcus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 27th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, May 27th. Marcus's payout ratio is currently -107.69%.

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.