Walleye Capital LLC Makes New Investment in The Marcus Co. (NYSE:MCS)

Walleye Capital LLC bought a new stake in The Marcus Co. (NYSE:MCS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 39,792 shares of the company's stock, valued at approximately $856,000. Walleye Capital LLC owned approximately 0.13% of Marcus as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. National Bank of Canada FI grew its stake in shares of Marcus by 407,500.0% in 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 purchased a new position in Marcus in the fourth quarter worth about $114,000. Meeder Asset Management Inc. bought a new stake in Marcus during the fourth quarter worth approximately $130,000. Sterling Capital Management LLC raised 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 valued at $191,000 after purchasing an additional 693 shares during the period. Finally, Ieq Capital LLC purchased a new position in shares of Marcus in the 4th quarter worth approximately $220,000. Institutional investors own 81.57% of the company's stock.

Marcus Stock Up 0.8 %

MCS stock traded up $0.14 during trading on Friday, reaching $16.59. 108,175 shares of the company traded hands, compared to its average volume of 427,922. The company has a market capitalization of $526.56 million, a price-to-earnings ratio of -48.78, a price-to-earnings-growth 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 business has a 50 day simple moving average of $17.10 and a 200 day simple moving average of $19.36. The Marcus Co. has a 12 month low of $9.56 and a 12 month high of $23.16.

Marcus Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given 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 yield of 1.69%. Marcus's payout ratio is -107.69%.

Analyst Upgrades and Downgrades

MCS has been the topic of several recent analyst reports. Barrington Research reduced their target price on shares of Marcus from $27.00 to $25.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Finally, Benchmark reaffirmed a "buy" rating and issued a $25.00 price target on shares of Marcus in a research 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.