Integrated Quantitative Investments LLC Makes New $292,000 Investment in The Marcus Co. (NYSE:MCS)

Integrated Quantitative Investments LLC acquired a new position in The Marcus Co. (NYSE:MCS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,573 shares of the company’s stock, valued at approximately $292,000.

Other institutional investors also recently made changes to their positions in the company. Trexquant Investment LP bought a new stake in shares of Marcus in the 4th quarter valued at about $448,000. National Bank of Canada FI increased its stake in 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 purchasing an additional 4,075 shares during the period. Meeder Asset Management Inc. bought a new stake in Marcus during the 4th quarter valued at $130,000. Clearbridge Investments LLC bought a new position in shares of Marcus during the fourth quarter valued at about $903,000. Finally, Brandywine Global Investment Management LLC boosted its holdings in shares of Marcus by 183.7% during the fourth quarter. Brandywine Global Investment Management LLC now owns 50,150 shares of the company’s stock worth $1,078,000 after purchasing an additional 32,470 shares during the period. Hedge funds and other institutional investors own 81.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on MCS. Benchmark reaffirmed a “buy” rating and set a $25.00 price target on shares of Marcus in a research report on Thursday, January 30th. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a report on Tuesday, March 11th. Finally, Barrington Research reiterated an “outperform” rating and issued a $27.00 price target on shares of Marcus in a report on Thursday, February 27th.

Marcus Stock Down 4.8 %

Shares of NYSE:MCS opened at $15.23 on Friday. The firm has a market capitalization of $483.54 million, a P/E ratio of -44.79, a P/E/G ratio of 3.12 and a beta of 1.57. 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 stock has a 50 day moving average price of $18.85 and a 200-day moving average price of $19.27. The Marcus Co. has a 52-week low of $9.56 and a 52-week high of $23.16.

Marcus Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus’s dividend payout ratio is currently -107.69%.

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.