American Century Companies Inc. Buys 25,867 Shares of The Marcus Co. (NYSE:MCS)

American Century Companies Inc. raised its stake in The Marcus Co. (NYSE:MCS) by 10.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 282,259 shares of the company’s stock after acquiring an additional 25,867 shares during the period. American Century Companies Inc. owned approximately 0.89% of Marcus worth $4,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Comerica Bank bought a new stake in Marcus in the 3rd quarter valued at $209,000. JPMorgan Chase & Co. increased its holdings in Marcus by 6.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,130,634 shares of the company’s stock valued at $17,525,000 after acquiring an additional 63,827 shares during the last quarter. AQR Capital Management LLC increased its holdings in Marcus by 22.3% in the 3rd quarter. AQR Capital Management LLC now owns 185,437 shares of the company’s stock valued at $2,874,000 after acquiring an additional 33,862 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in Marcus in the 3rd quarter valued at $552,000. Finally, Teza Capital Management LLC bought a new stake in shares of Marcus in the 3rd quarter worth about $259,000. 81.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. B. Riley reduced their target price on shares of Marcus from $23.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, January 2nd. Benchmark restated a “buy” rating and issued a $20.00 target price on shares of Marcus in a report on Tuesday, March 5th. StockNews.com downgraded shares of Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Finally, Barrington Research reiterated an “outperform” rating and set a $20.00 price target on shares of Marcus in a report on Friday, March 1st. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $19.67.

Marcus Stock Performance

Shares of NYSE:MCS opened at $14.17 on Thursday. The company has a market capitalization of $449.47 million, a price-to-earnings ratio of 45.71, a PEG ratio of 13.40 and a beta of 1.47. The Marcus Co. has a 12 month low of $13.30 and a 12 month high of $18.05. The firm’s 50-day moving average is $14.18 and its 200 day moving average is $14.63. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37.

Marcus (NYSE:MCS) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.12. The company had revenue of $161.53 million during the quarter, compared to analysts’ expectations of $160.75 million. Marcus had a net margin of 2.03% and a return on equity of 3.19%. Research analysts predict that The Marcus Co. will post 0.07 EPS for the current year.

Marcus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were given a $0.07 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.28 annualized dividend and a yield of 1.98%. Marcus’s dividend payout ratio (DPR) is 90.32%.

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.