Morgan Stanley raised its position in Marcus Corporation (The) (NYSE:MCS) by 21.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,879 shares of the company’s stock after buying an additional 21,158 shares during the period. Morgan Stanley’s holdings in Marcus Corporation (The) were worth $3,913,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MCS. Louisiana State Employees Retirement System raised its stake in shares of Marcus Corporation (The) by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 7,700 shares of the company’s stock worth $247,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Marcus Corporation (The) by 1.0% in the first quarter. Arizona State Retirement System now owns 9,868 shares of the company’s stock worth $317,000 after buying an additional 100 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Marcus Corporation (The) by 0.7% in the first quarter. Legal & General Group Plc now owns 31,817 shares of the company’s stock worth $1,021,000 after buying an additional 225 shares during the last quarter. Dalton Greiner Hartman Maher & Co. raised its stake in shares of Marcus Corporation (The) by 0.3% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 69,918 shares of the company’s stock worth $2,244,000 after buying an additional 237 shares during the last quarter. Finally, Mason Street Advisors LLC raised its stake in shares of Marcus Corporation (The) by 7.0% in the first quarter. Mason Street Advisors LLC now owns 4,427 shares of the company’s stock worth $142,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Shares of Marcus Corporation (NYSE:MCS) traded down 0.78% during midday trading on Tuesday, hitting $25.60. The stock had a trading volume of 8,680 shares. The firm has a 50 day moving average price of $28.50 and a 200 day moving average price of $30.92. The stock has a market cap of $712.17 million, a PE ratio of 16.95 and a beta of 0.63. Marcus Corporation has a one year low of $22.32 and a one year high of $34.90.

Marcus Corporation (The) (NYSE:MCS) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $152.80 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. On average, equities analysts forecast that Marcus Corporation will post $1.55 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.50 dividend on an annualized basis and a yield of 1.94%. Marcus Corporation (The)’s dividend payout ratio is presently 33.11%.

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A number of equities research analysts have recently weighed in on the company. B. Riley restated a “buy” rating and set a $40.00 price target on shares of Marcus Corporation (The) in a research note on Monday, April 24th. Zacks Investment Research lowered Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. ValuEngine upgraded Marcus Corporation (The) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. TheStreet lowered Marcus Corporation (The) from a “b-” rating to a “c” rating in a research note on Thursday, August 3rd. Finally, Barrington Research dropped their price target on Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating on the stock in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Marcus Corporation (The) currently has a consensus rating of “Buy” and an average target price of $37.45.

In other Marcus Corporation (The) news, VP Thomas F. Kissinger sold 4,000 shares of Marcus Corporation (The) stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $32.17, for a total value of $128,680.00. Following the transaction, the vice president now directly owns 60,039 shares in the company, valued at approximately $1,931,454.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Douglas A. Neis sold 3,000 shares of Marcus Corporation (The) stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $33.83, for a total value of $101,490.00. Following the completion of the transaction, the chief financial officer now owns 71,339 shares in the company, valued at $2,413,398.37. The disclosure for this sale can be found here. Company insiders own 33.53% of the company’s stock.

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.

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

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