Teton Advisors Inc. Has $1.82 Million Stock Holdings in The Marcus Co. (NYSE:MCS)

Teton Advisors Inc. trimmed its holdings in The Marcus Co. (NYSE:MCS - Free Report) by 20.7% 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 84,800 shares of the company's stock after selling 22,200 shares during the period. Marcus accounts for 0.9% of Teton Advisors Inc.'s holdings, making the stock its 27th largest position. Teton Advisors Inc. owned 0.27% of Marcus worth $1,823,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. National Bank of Canada FI raised its holdings in Marcus by 407,500.0% in the 4th quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock valued at $88,000 after acquiring an additional 4,075 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Marcus in the fourth quarter worth $114,000. Meeder Asset Management Inc. acquired a new position in Marcus in the fourth quarter valued at about $130,000. Sterling Capital Management LLC lifted its position in Marcus by 8.5% during the fourth quarter. Sterling Capital Management LLC now owns 8,876 shares of the company's stock worth $191,000 after purchasing an additional 693 shares during the period. Finally, Ieq Capital LLC acquired a new stake in Marcus during the fourth quarter worth about $220,000. 81.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MCS. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Barrington Research lowered their price objective on shares of Marcus from $27.00 to $25.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, Benchmark reaffirmed a "buy" rating and issued a $25.00 target price on shares of Marcus in a report on Friday, April 11th.

Marcus Price Performance

Shares of MCS traded up $0.16 during mid-day trading on Friday, reaching $16.16. The company had a trading volume of 113,495 shares, compared to its average volume of 431,177. The company has a market capitalization of $513.03 million, a price-to-earnings ratio of -47.53, a P/E/G ratio of 3.12 and a beta of 1.24. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54. The company's 50 day simple moving average is $17.67 and its 200 day simple moving average is $19.31. The Marcus Co. has a 1-year low of $9.56 and a 1-year high of $23.16.

Marcus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.73%. Marcus's payout ratio is presently -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.