Jane Street Group LLC Sells 37,362 Shares of The Marcus Co. (NYSE:MCS)

Jane Street Group LLC reduced its stake in The Marcus Co. (NYSE:MCS - Free Report) by 27.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 99,492 shares of the company's stock after selling 37,362 shares during the quarter. Jane Street Group LLC owned approximately 0.32% of Marcus worth $2,139,000 as of its most recent SEC filing.

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

Marcus Stock Performance

Shares of MCS traded down $0.23 during trading hours on Monday, hitting $16.87. The company's stock had a trading volume of 108,846 shares, compared to its average volume of 394,007. The company has a market cap of $535.61 million, a price-to-earnings ratio of -49.62, a PEG ratio of 3.12 and a beta of 1.22. 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 business has a 50 day simple moving average of $16.53 and a two-hundred day simple moving average of $19.37. The Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16.

Marcus (NYSE:MCS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported ($0.54) earnings per share 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 positive return on equity of 1.39% and a negative net margin of 1.44%. On average, equities analysts expect that The Marcus Co. will post 0.36 earnings per share for the current fiscal year.

Marcus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 27th will be paid a $0.07 dividend. The ex-dividend date is Tuesday, May 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.66%. Marcus's payout ratio is -66.67%.

Analyst Ratings Changes

MCS has been the topic of a number of research analyst reports. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Thursday. B. Riley assumed coverage on shares of Marcus in a report on Friday. They issued a "buy" rating and a $24.00 price target on the stock. Barrington Research reissued an "outperform" rating and set a $25.00 price objective on shares of Marcus in a report on Tuesday, May 6th. Finally, Benchmark reissued a "buy" rating and set a $25.00 price objective on shares of Marcus in a report on Friday, April 11th.

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.