StockNews.com Downgrades Marcus (NYSE:MCS) to Hold

Marcus (NYSE:MCS) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

A number of other equities analysts also recently issued reports on the stock. Barrington Research reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Marcus in a report on Thursday, February 27th. Benchmark restated a “buy” rating and set a $25.00 price target on shares of Marcus in a report on Thursday, January 30th.

Marcus Stock Performance

MCS opened at $16.28 on Tuesday. Marcus has a 1-year low of $9.56 and a 1-year high of $23.16. The company has a market cap of $516.91 million, a price-to-earnings ratio of -47.89, a PEG ratio of 3.12 and a beta of 1.57. The company’s fifty day moving average price is $20.03 and its two-hundred day moving average price is $18.98. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On Marcus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its holdings in Marcus by 69.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company’s stock valued at $12,881,000 after acquiring an additional 246,375 shares during the period. Barclays PLC grew 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 purchasing an additional 225,644 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Marcus by 303.7% in the fourth quarter. Renaissance Technologies LLC now owns 257,089 shares of the company’s stock valued at $5,527,000 after purchasing an additional 193,400 shares in the last quarter. Peapod Lane Capital LLC purchased a new stake in Marcus during the 4th quarter worth about $3,258,000. Finally, American Century Companies Inc. boosted its stake in Marcus by 23.4% in the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company’s stock worth $15,837,000 after purchasing an additional 139,577 shares during the period. 81.57% of the stock is currently owned by institutional investors.

About Marcus

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.