Marcus (NYSE:MCS) Receives “Buy” Rating from Benchmark

Marcus (NYSE:MCS)‘s stock had its “buy” rating reiterated by stock analysts at Benchmark in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $25.00 price target on the stock. Benchmark’s target price indicates a potential upside of 20.85% from the stock’s current price.

MCS has been the topic of several other research reports. Barrington Research reissued an “outperform” rating and set a $24.00 target price on shares of Marcus in a research report on Wednesday, November 13th. StockNews.com upgraded Marcus from a “hold” rating to a “buy” rating in a report on Friday, November 15th.

Marcus Trading Down 0.5 %

Shares of NYSE MCS traded down $0.11 during trading hours on Thursday, hitting $20.69. 14,807 shares of the company traded hands, compared to its average volume of 175,353. The stock has a market capitalization of $651.20 million, a price-to-earnings ratio of -60.94, a price-to-earnings-growth ratio of 2.46 and a beta of 1.54. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average price is $21.24 and its 200 day moving average price is $17.47. Marcus has a 12 month low of $9.56 and a 12 month high of $23.16.

Insiders Place Their Bets

In related news, VP Thomas F. Kissinger sold 8,000 shares of Marcus stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $22.31, for a total transaction of $178,480.00. Following the transaction, the vice president now owns 186,585 shares in the company, valued at approximately $4,162,711.35. This trade represents a 4.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 5.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Marcus

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC grew its stake in Marcus by 53.0% during the 3rd quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock worth $58,000 after purchasing an additional 1,336 shares in the last quarter. nVerses Capital LLC acquired a new position in Marcus in the 3rd quarter valued at about $32,000. CWM LLC increased its position in Marcus by 98.8% in the 3rd quarter. CWM LLC now owns 5,709 shares of the company’s stock valued at $86,000 after acquiring an additional 2,837 shares during the period. Walleye Trading LLC increased its position in Marcus by 14.5% in the 3rd quarter. Walleye Trading LLC now owns 34,000 shares of the company’s stock valued at $512,000 after acquiring an additional 4,300 shares during the period. Finally, SG Americas Securities LLC increased its position in Marcus by 54.9% during the 4th quarter. SG Americas Securities LLC now owns 19,944 shares of the company’s stock worth $429,000 after purchasing an additional 7,067 shares during the period. 81.57% of the stock is owned by institutional investors and hedge funds.

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.