Segall Bryant & Hamill LLC Takes $951,000 Position in The Marcus Co. (NYSE:MCS)

Segall Bryant & Hamill LLC acquired a new position in shares of The Marcus Co. (NYSE:MCS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 44,227 shares of the company’s stock, valued at approximately $951,000.

Other institutional investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new position in Marcus during the fourth quarter worth $114,000. Ieq Capital LLC acquired a new position in Marcus during the 4th quarter worth about $220,000. Y Intercept Hong Kong Ltd purchased a new position in Marcus during the 4th quarter valued at about $274,000. Fox Run Management L.L.C. acquired a new position in Marcus in the 4th quarter valued at about $329,000. Finally, SG Americas Securities LLC increased its stake in Marcus by 54.9% during the fourth quarter. SG Americas Securities LLC now owns 19,944 shares of the company’s stock worth $429,000 after purchasing an additional 7,067 shares during the period. Institutional investors and hedge funds own 81.57% of the company’s stock.

Marcus Stock Down 3.4 %

Shares of NYSE:MCS opened at $16.56 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The Marcus Co. has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The stock has a market cap of $525.76 million, a price-to-earnings ratio of -48.71, a price-to-earnings-growth ratio of 3.12 and a beta of 1.57. The firm’s 50 day moving average price is $19.24 and its 200 day moving average price is $19.17.

Marcus Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.69%. Marcus’s payout ratio is currently -107.69%.

Wall Street Analysts Forecast Growth

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

About Marcus

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.