Marcus (NYSE:MCS) Cut to Hold at StockNews.com

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

MCS has been the subject of several other reports. Barrington Research reiterated an “outperform” rating and issued a $27.00 target price on shares of Marcus in a research report on Thursday, February 27th. Benchmark reiterated a “buy” rating and set a $25.00 price objective on shares of Marcus in a research report on Thursday, January 30th.

Marcus Trading Up 1.3 %

Shares of Marcus stock opened at $16.28 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54. Marcus has a 1 year low of $9.56 and a 1 year high of $23.16. The firm has a market cap of $516.91 million, a PE ratio of -47.89, a PEG ratio of 3.12 and a beta of 1.57. The company has a 50 day simple moving average of $20.03 and a two-hundred day simple moving average of $18.98.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership grew its position in Marcus by 69.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company’s stock worth $12,881,000 after acquiring an additional 246,375 shares during the last quarter. Barclays PLC boosted its stake in shares of Marcus by 135.3% during 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 during the period. Renaissance Technologies LLC grew its holdings in shares of Marcus by 303.7% in the fourth quarter. Renaissance Technologies LLC now owns 257,089 shares of the company’s stock worth $5,527,000 after purchasing an additional 193,400 shares during the last quarter. Peapod Lane Capital LLC purchased a new position in shares of Marcus in the fourth quarter worth $3,258,000. Finally, American Century Companies Inc. raised its holdings in Marcus by 23.4% during the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company’s stock valued at $15,837,000 after buying an additional 139,577 shares during the last quarter. Hedge funds and other institutional investors own 81.57% of the company’s stock.

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.