The Marcus Co. (NYSE:MCS) is KLCM Advisors Inc.’s 6th Largest Position

KLCM Advisors Inc. trimmed its stake in The Marcus Co. (NYSE:MCS) by 38.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,018,633 shares of the company’s stock after selling 640,457 shares during the quarter. Marcus comprises approximately 2.5% of KLCM Advisors Inc.’s portfolio, making the stock its 6th biggest position. KLCM Advisors Inc.’s holdings in Marcus were worth $21,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. nVerses Capital LLC purchased a new stake in Marcus in the 3rd quarter worth approximately $32,000. CWM LLC boosted its holdings in shares of Marcus by 98.8% during the third quarter. CWM LLC now owns 5,709 shares of the company’s stock worth $86,000 after purchasing an additional 2,837 shares during the last quarter. Creative Planning acquired a new stake in shares of Marcus during the third quarter worth $159,000. SG Americas Securities LLC acquired a new position in Marcus in the third quarter valued at $194,000. Finally, Assenagon Asset Management S.A. purchased a new position in Marcus during the third quarter worth about $432,000. 81.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MCS has been the topic of a number of research analyst reports. StockNews.com raised Marcus from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Benchmark restated a “buy” rating and issued a $25.00 target price on shares of Marcus in a report on Thursday, January 30th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $24.00 price target on shares of Marcus in a research note on Wednesday, November 13th.

Marcus Price Performance

Shares of NYSE:MCS opened at $22.04 on Monday. The Marcus Co. has a 12 month low of $9.56 and a 12 month high of $23.16. 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 moving average of $20.97 and a two-hundred day moving average of $18.30.

Marcus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a yield of 1.27%. Marcus’s dividend payout ratio (DPR) is -82.35%.

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.