The Marcus Co. (NYSE:MCS) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC decreased its position in The Marcus Co. (NYSE:MCS - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 494,962 shares of the company's stock after selling 16,793 shares during the period. Bridgeway Capital Management LLC owned about 1.57% of Marcus worth $10,642,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Quarry LP acquired a new stake in Marcus in the 4th quarter valued at about $70,000. National Bank of Canada FI grew its position in shares of Marcus by 407,500.0% in the fourth quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock valued at $88,000 after purchasing an additional 4,075 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Marcus during the 4th quarter worth approximately $114,000. Meeder Asset Management Inc. acquired a new position in shares of Marcus during the 4th quarter worth approximately $130,000. Finally, Sterling Capital Management LLC raised its position in shares of 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 purchasing an additional 693 shares during the last quarter. Hedge funds and other institutional investors own 81.57% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on MCS. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Barrington Research reissued an "outperform" rating and issued a $25.00 target price on shares of Marcus in a research note on Tuesday. Finally, Benchmark reaffirmed a "buy" rating and set a $25.00 price target on shares of Marcus in a research note on Friday, April 11th.

Marcus Price Performance

MCS stock opened at $16.23 on Wednesday. The stock has a market capitalization of $515.32 million, a price-to-earnings ratio of -47.74, a price-to-earnings-growth ratio of 3.12 and a beta of 1.22. The stock's fifty day simple moving average is $16.50 and its 200-day simple moving average is $19.36. The Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38.

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

Marcus Announces Dividend

The business also recently declared 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. This represents a $0.28 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Tuesday, February 25th. Marcus's dividend payout ratio is currently -107.69%.

Marcus 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.

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