BNP Paribas Financial Markets Sells 24,332 Shares of The Marcus Co. (NYSE:MCS)

BNP Paribas Financial Markets trimmed its stake in shares of The Marcus Co. (NYSE:MCS - Free Report) by 46.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,074 shares of the company's stock after selling 24,332 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.09% of Marcus worth $604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP bought a new position in Marcus during the 4th quarter worth approximately $70,000. National Bank of Canada FI grew its position in Marcus by 407,500.0% during the 4th quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock worth $88,000 after acquiring an additional 4,075 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Marcus during the 4th quarter worth approximately $114,000. Meeder Asset Management Inc. bought a new position in Marcus during the 4th quarter worth approximately $130,000. Finally, Sterling Capital Management LLC grew its position in Marcus by 8.5% during the 4th quarter. Sterling Capital Management LLC now owns 8,876 shares of the company's stock worth $191,000 after acquiring an additional 693 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors.

Marcus Stock Down 0.0%

Marcus stock traded down $0.00 on Wednesday, hitting $18.71. 78,890 shares of the stock traded hands, compared to its average volume of 382,745. 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 firm has a market cap of $585.46 million, a P/E ratio of -55.07, a price-to-earnings-growth ratio of 3.12 and a beta of 1.22. The business's fifty day simple moving average is $16.60 and its 200 day simple moving average is $19.19. The Marcus Co. has a 1 year low of $9.56 and a 1 year high of $23.16.

Marcus (NYSE:MCS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $145.50 million. As a group, sell-side analysts forecast that The Marcus Co. will post 0.36 earnings per share for the current year.

Marcus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 27th will be issued a dividend of $0.07 per share. The ex-dividend date is Tuesday, May 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.50%. Marcus's payout ratio is presently -66.67%.

Analysts Set New Price Targets

Several research firms have weighed in on MCS. Barrington Research reiterated an "outperform" rating and issued a $25.00 price objective on shares of Marcus in a report on Friday, May 23rd. Benchmark reiterated a "buy" rating and issued a $25.00 price objective on shares of Marcus in a report on Friday, April 11th. Wall Street Zen cut Marcus from a "buy" rating to a "hold" rating in a report on Thursday, May 15th. Finally, B. Riley began coverage on Marcus in a report on Friday, May 16th. They issued a "buy" rating and a $24.00 price objective for the company.

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.