Zacks Investment Management held its position in Marcus Corporation (The) (NYSE:MCS) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 63,960 shares of the company’s stock at the close of the 2nd quarter. Zacks Investment Management owned about 0.33% of Marcus Corporation (The) worth $1,932,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Marcus Corporation (The) by 9.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock worth $31,836,000 after acquiring an additional 90,670 shares during the period. Northern Trust Corp grew its holdings in Marcus Corporation (The) by 3.3% during the 2nd quarter. Northern Trust Corp now owns 973,881 shares of the company’s stock worth $29,410,000 after acquiring an additional 31,520 shares during the period. State Street Corp grew its holdings in Marcus Corporation (The) by 6.5% during the 1st quarter. State Street Corp now owns 480,662 shares of the company’s stock worth $15,427,000 after acquiring an additional 29,302 shares during the period. LSV Asset Management grew its holdings in Marcus Corporation (The) by 15.9% during the 2nd quarter. LSV Asset Management now owns 462,500 shares of the company’s stock worth $13,967,000 after acquiring an additional 63,400 shares during the period. Finally, Westwood Holdings Group Inc. grew its holdings in Marcus Corporation (The) by 0.6% during the 1st quarter. Westwood Holdings Group Inc. now owns 364,672 shares of the company’s stock worth $11,706,000 after acquiring an additional 2,195 shares during the period. 59.36% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on MCS. Zacks Investment Research raised shares of Marcus Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday. B. Riley reaffirmed a “buy” rating and set a $38.00 target price on shares of Marcus Corporation (The) in a report on Saturday, July 29th. Barrington Research decreased their price target on shares of Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating for the company in a report on Friday, July 28th. TheStreet lowered shares of Marcus Corporation (The) from a “b-” rating to a “c” rating in a report on Thursday, August 3rd. Finally, ValuEngine raised shares of Marcus Corporation (The) from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Marcus Corporation (The) has a consensus rating of “Buy” and a consensus target price of $37.45.

Marcus Corporation (NYSE:MCS) opened at 27.70 on Friday. The stock has a 50 day moving average of $25.55 and a 200 day moving average of $29.94. Marcus Corporation has a one year low of $23.85 and a one year high of $34.90. The firm has a market cap of $770.59 million, a price-to-earnings ratio of 18.34 and a beta of 0.66.

Marcus Corporation (The) (NYSE:MCS) last announced its earnings results on Thursday, July 27th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Marcus Corporation (The) had a return on equity of 10.78% and a net margin of 7.18%. The firm had revenue of $152.80 million for the quarter, compared to the consensus estimate of $158.43 million. During the same period in the prior year, the business earned $0.34 EPS. Marcus Corporation (The)’s quarterly revenue was up 13.2% on a year-over-year basis. Equities research analysts predict that Marcus Corporation will post $1.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Wednesday, August 23rd. Marcus Corporation (The)’s dividend payout ratio is presently 33.11%.

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Marcus Corporation (The) Company Profile

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

Institutional Ownership by Quarter for Marcus Corporation (The) (NYSE:MCS)

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