151,531 Shares in The Marcus Co. (NYSE:MCS) Purchased by Peapod Lane Capital LLC

Peapod Lane Capital LLC bought a new stake in The Marcus Co. (NYSE:MCS) in the fourth quarter, HoldingsChannel.com reports. The fund bought 151,531 shares of the company’s stock, valued at approximately $3,258,000. Marcus comprises 3.2% of Peapod Lane Capital LLC’s holdings, making the stock its 7th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its stake in Marcus by 5.1% in the fourth quarter. Empowered Funds LLC now owns 169,183 shares of the company’s stock valued at $3,637,000 after buying an additional 8,207 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Marcus by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 19,944 shares of the company’s stock worth $429,000 after acquiring an additional 7,067 shares during the period. Range Financial Group LLC bought a new stake in Marcus in the 4th quarter valued at about $882,000. Geode Capital Management LLC boosted its stake in Marcus by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 561,687 shares of the company’s stock valued at $8,467,000 after purchasing an additional 7,320 shares during the period. Finally, Barclays PLC grew its position in Marcus by 135.3% in the 3rd quarter. Barclays PLC now owns 392,388 shares of the company’s stock worth $5,913,000 after purchasing an additional 225,644 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. StockNews.com upgraded Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Benchmark reiterated a “buy” rating and set a $25.00 price target on shares of Marcus in a research report on Thursday, January 30th. Finally, Barrington Research reissued an “outperform” rating and set a $24.00 price target on shares of Marcus in a report on Wednesday, November 13th.

Marcus Trading Up 2.0 %

Shares of NYSE:MCS opened at $21.83 on Thursday. 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 Marcus Co. has a 12 month low of $9.56 and a 12 month high of $23.16. The stock’s 50 day moving average price is $20.99 and its 200 day moving average price is $18.12.

Marcus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.28%. Marcus’s dividend payout ratio is presently -82.35%.

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.