Marcus (NYSE:MCS) Given New $22.00 Price Target at Benchmark

Marcus (NYSE:MCS) had its target price upped by Benchmark from $20.00 to $22.00 in a report released on Friday, Benzinga reports. The firm currently has a buy rating on the stock.

Several other brokerages have also recently commented on MCS. B. Riley boosted their target price on Marcus from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Barrington Research reissued an “outperform” rating and issued a $20.00 price target on shares of Marcus in a report on Thursday, October 31st. Finally, StockNews.com raised Marcus from a “sell” rating to a “hold” rating in a report on Tuesday, September 24th.

Marcus Stock Performance

MCS opened at $21.10 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The business’s 50 day moving average is $15.43 and its 200-day moving average is $13.07. Marcus has a twelve month low of $9.56 and a twelve month high of $21.32.

Institutional Trading of Marcus

Several institutional investors have recently made changes to their positions in MCS. Vanguard Group Inc. raised its stake in shares of Marcus by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 1,853,266 shares of the company’s stock worth $26,428,000 after purchasing an additional 21,646 shares in the last quarter. Millennium Management LLC raised its position in shares of Marcus by 83.2% in the second quarter. Millennium Management LLC now owns 648,664 shares of the company’s stock valued at $7,375,000 after purchasing an additional 294,593 shares during the period. American Century Companies Inc. raised its holdings in Marcus by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 497,284 shares of the company’s stock worth $5,654,000 after acquiring an additional 46,891 shares during the period. AQR Capital Management LLC boosted its holdings in Marcus by 71.0% during the second quarter. AQR Capital Management LLC now owns 442,889 shares of the company’s stock valued at $5,036,000 after acquiring an additional 183,909 shares during the period. Finally, Acadian Asset Management LLC grew its position in shares of Marcus by 133.8% in the first quarter. Acadian Asset Management LLC now owns 436,845 shares of the company’s stock valued at $6,227,000 after purchasing an additional 250,019 shares during the last quarter. 81.57% of the stock is currently 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.