Thrivent Financial For Lutherans raised its stake in Marcus Corporation (The) (NYSE:MCS) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,480 shares of the company’s stock after buying an additional 850 shares during the period. Thrivent Financial For Lutherans owned approximately 0.06% of Marcus Corporation (The) worth $347,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. TIAA CREF Investment Management LLC increased its holdings in shares of Marcus Corporation (The) by 2.1% in the second quarter. TIAA CREF Investment Management LLC now owns 117,437 shares of the company’s stock valued at $3,547,000 after buying an additional 2,450 shares in the last quarter. Summit Global Investments bought a new position in shares of Marcus Corporation (The) in the second quarter valued at $459,000. Martingale Asset Management L P increased its holdings in shares of Marcus Corporation (The) by 15.4% in the second quarter. Martingale Asset Management L P now owns 107,421 shares of the company’s stock valued at $3,245,000 after buying an additional 14,303 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Marcus Corporation (The) by 15.3% in the second quarter. Wells Fargo & Company MN now owns 42,784 shares of the company’s stock valued at $1,292,000 after buying an additional 5,668 shares in the last quarter. Finally, LSV Asset Management increased its holdings in shares of Marcus Corporation (The) by 15.9% in the second quarter. LSV Asset Management now owns 462,500 shares of the company’s stock valued at $13,967,000 after buying an additional 63,400 shares in the last quarter. 59.39% of the stock is currently owned by institutional investors.

Marcus Corporation (MCS) opened at 27.00 on Friday. The stock has a market capitalization of $751.11 million, a PE ratio of 17.88 and a beta of 0.73. Marcus Corporation has a 52-week low of $23.85 and a 52-week high of $34.90. The firm’s 50-day moving average is $26.90 and its 200 day moving average is $29.37.

Marcus Corporation (The) (NYSE:MCS) last posted its earnings results on Thursday, July 27th. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.03). The firm had revenue of $152.80 million during the quarter, compared to analyst estimates of $158.43 million. Marcus Corporation (The) had a return on equity of 10.78% and a net margin of 7.18%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the business posted $0.34 earnings per share. On average, equities analysts forecast that Marcus Corporation will post $1.45 earnings per share for the current year.

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Several research firms have issued reports on MCS. TheStreet cut Marcus Corporation (The) from a “b-” rating to a “c” rating in a report on Thursday, August 3rd. Benchmark Co. reaffirmed a “buy” rating and issued a $34.00 price target (down previously from $37.00) on shares of Marcus Corporation (The) in a report on Wednesday, October 4th. B. Riley reaffirmed a “buy” rating and issued a $38.00 price target on shares of Marcus Corporation (The) in a report on Saturday, July 29th. Zacks Investment Research raised Marcus Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Finally, ValuEngine cut Marcus Corporation (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Marcus Corporation (The) has a consensus rating of “Buy” and an average target price of $35.67.

About Marcus Corporation (The)

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.

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

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