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

BNP Paribas Financial Markets cut its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 46.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Ancora Advisors LLC boosted its stake in shares of Marcus by 18.1% during the fourth quarter. Ancora Advisors LLC now owns 76,293 shares of the company's stock valued at $1,640,000 after purchasing an additional 11,673 shares in the last quarter. PDT Partners LLC acquired a new stake in shares of Marcus during the fourth quarter valued at about $289,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Marcus during the fourth quarter valued at about $346,000. AQR Capital Management LLC boosted its stake in shares of Marcus by 2.7% during the fourth quarter. AQR Capital Management LLC now owns 303,022 shares of the company's stock valued at $6,515,000 after purchasing an additional 7,981 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of Marcus during the fourth quarter valued at about $70,000. 81.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Barrington Research reissued an "outperform" rating and set a $25.00 price target on shares of Marcus in a research note on Friday, May 23rd. Wall Street Zen lowered Marcus from a "buy" rating to a "hold" rating in a research note on Thursday, May 15th. Benchmark reaffirmed a "buy" rating and issued a $25.00 price objective on shares of Marcus in a research note on Friday, April 11th. Finally, B. Riley started coverage on Marcus in a research note on Friday, May 16th. They issued a "buy" rating and a $24.00 price objective on the stock.

Marcus Trading Down 0.7%

Shares of Marcus stock traded down $0.13 during midday trading on Thursday, reaching $18.58. The company had a trading volume of 185,602 shares, compared to its average volume of 379,933. The stock has a fifty day moving average price of $16.65 and a 200 day moving average price of $19.17. 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 market cap of $581.52 million, a PE ratio of -54.65, a P/E/G ratio of 3.12 and a beta of 1.22. The Marcus Co. has a fifty-two week low of $9.56 and a fifty-two week high of $23.16.

Marcus (NYSE:MCS - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported ($0.54) earnings per share for the quarter, missing analysts' consensus estimates of ($0.52) by ($0.02). The business had revenue of $148.77 million during the quarter, compared to the consensus estimate of $145.50 million. Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. On average, equities analysts anticipate that The Marcus Co. will post 0.36 earnings per share for the current year.

Marcus Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Tuesday, May 27th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.51%. Marcus's payout ratio is currently -66.67%.

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.