Short Interest in The Marcus Co. (NYSE:MCS) Increases By 21.0%

The Marcus Co. (NYSE:MCS) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 726,500 shares, a growth of 21.0% from the January 15th total of 600,300 shares. Based on an average daily volume of 201,500 shares, the short-interest ratio is currently 3.6 days. Approximately 3.2% of the company’s stock are short sold.

Analyst Ratings Changes

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

Marcus Stock Performance

NYSE:MCS traded down $0.10 during midday trading on Monday, reaching $22.04. 140,472 shares of the company traded hands, compared to its average volume of 163,523. Marcus has a twelve month low of $9.56 and a twelve month high of $23.16. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. The company has a fifty day moving average price of $20.97 and a 200 day moving average price of $18.30. The firm has a market capitalization of $693.82 million, a price-to-earnings ratio of -64.82, a price-to-earnings-growth ratio of 3.12 and a beta of 1.53.

Marcus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.27%. Marcus’s dividend payout ratio (DPR) is presently -82.35%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. nVerses Capital LLC bought a new stake in shares of Marcus during the third quarter valued at approximately $32,000. Quarry LP bought a new stake in Marcus during the 4th quarter valued at $70,000. CWM LLC boosted its position in Marcus by 98.8% during the 3rd quarter. CWM LLC now owns 5,709 shares of the company’s stock worth $86,000 after acquiring an additional 2,837 shares during the period. National Bank of Canada FI grew its stake in shares of Marcus by 407,500.0% in the fourth 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 in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Marcus during the fourth quarter valued at $114,000. 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.