State of Tennessee Treasury Department maintained its position in Marcus Corporation (The) (NYSE:MCS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,248 shares of the company’s stock at the close of the 2nd quarter. State of Tennessee Treasury Department owned approximately 0.09% of Marcus Corporation (The) worth $521,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC grew its position in shares of Marcus Corporation (The) by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 7,595 shares of the company’s stock worth $229,000 after buying an additional 61 shares in the last quarter. Arizona State Retirement System grew its position in shares of Marcus Corporation (The) by 1.0% during 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 in the last quarter. Louisiana State Employees Retirement System grew its position in shares of Marcus Corporation (The) by 1.3% during the second quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the company’s stock worth $236,000 after buying an additional 100 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of Marcus Corporation (The) by 4.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock worth $135,000 after buying an additional 210 shares in the last quarter. Finally, Texas Permanent School Fund grew its position in shares of Marcus Corporation (The) by 1.6% during the second quarter. Texas Permanent School Fund now owns 13,926 shares of the company’s stock worth $421,000 after buying an additional 219 shares in the last quarter. 59.36% of the stock is owned by institutional investors and hedge funds.

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A number of analysts have recently weighed in on the stock. B. Riley reissued a “buy” rating and set a $38.00 price target on shares of Marcus Corporation (The) in a research report on Saturday, July 29th. Zacks Investment Research raised shares of Marcus Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday. Barrington Research decreased their price objective 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 downgraded shares of Marcus Corporation (The) from a “b-” rating to a “c” rating in a report on Thursday, August 3rd. Finally, ValuEngine downgraded shares of Marcus Corporation (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Marcus Corporation (The) currently has a consensus rating of “Buy” and a consensus price target of $37.45.

Marcus Corporation (NYSE:MCS) opened at 27.70 on Friday. Marcus Corporation has a 12-month low of $23.85 and a 12-month high of $34.90. The firm has a 50-day moving average of $25.55 and a 200-day moving average of $29.94. The firm has a market cap of $770.59 million, a P/E ratio of 18.34 and a beta of 0.66.

Marcus Corporation (The) (NYSE:MCS) last released its quarterly earnings data 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 the consensus estimate of $158.43 million. Marcus Corporation (The) had a net margin of 7.18% and a return on equity of 10.78%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 earnings per share. On average, analysts expect that Marcus Corporation will post $1.55 EPS for the current year.

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

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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