Segall Bryant & Hamill LLC Acquires Shares of 44,227 The Marcus Co. (NYSE:MCS)

Segall Bryant & Hamill LLC acquired a new stake in shares of The Marcus Co. (NYSE:MCS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 44,227 shares of the company’s stock, valued at approximately $951,000. Segall Bryant & Hamill LLC owned approximately 0.14% of Marcus as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new stake in Marcus in the 4th quarter worth about $680,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Marcus by 22.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 102,030 shares of the company’s stock worth $2,194,000 after buying an additional 18,929 shares in the last quarter. Barclays PLC raised its position in shares of Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company’s stock valued at $5,913,000 after buying an additional 225,644 shares during the last quarter. Range Financial Group LLC acquired a new stake in shares of Marcus in the fourth quarter valued at about $882,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Marcus during the fourth quarter worth about $274,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

Marcus Stock Performance

Marcus stock opened at $16.56 on Friday. The firm has a 50 day simple moving average of $19.24 and a 200-day simple moving average of $19.17. 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 company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. The Marcus Co. has a 1-year low of $9.56 and a 1-year high of $23.16.

Marcus Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.69%. The ex-dividend date was Tuesday, February 25th. Marcus’s dividend payout ratio (DPR) is presently -107.69%.

Wall Street Analyst Weigh In

A number of analysts have commented on MCS shares. Benchmark reiterated a “buy” rating and issued a $25.00 price objective on shares of Marcus in a report on Thursday, January 30th. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a research report on Tuesday, March 11th. Finally, Barrington Research restated an “outperform” rating and issued a $27.00 target price on shares of Marcus in a report on Thursday, February 27th.

Marcus Company Profile

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.