River Road Asset Management LLC Buys New Position in Marcus Corporation (The) (MCS)

River Road Asset Management LLC bought a new stake in Marcus Corporation (The) (NYSE:MCS) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 30,165 shares of the company’s stock, valued at approximately $836,000. River Road Asset Management LLC owned 108,390.23% of Marcus Corporation (The) as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MCS. Prudential Financial Inc. boosted its stake in Marcus Corporation (The) by 11.5% in the first quarter. Prudential Financial Inc. now owns 56,481 shares of the company’s stock valued at $1,813,000 after acquiring an additional 5,820 shares during the period. OppenheimerFunds Inc. boosted its stake in Marcus Corporation (The) by 40.6% in the first quarter. OppenheimerFunds Inc. now owns 13,231 shares of the company’s stock valued at $424,000 after acquiring an additional 3,818 shares during the period. Principal Financial Group Inc. boosted its stake in Marcus Corporation (The) by 3.6% in the first quarter. Principal Financial Group Inc. now owns 144,770 shares of the company’s stock valued at $4,647,000 after acquiring an additional 5,059 shares during the period. TIAA CREF Investment Management LLC boosted its stake in Marcus Corporation (The) by 12.3% in the first quarter. TIAA CREF Investment Management LLC now owns 114,987 shares of the company’s stock valued at $3,691,000 after acquiring an additional 12,574 shares during the period. Finally, Legal & General Group Plc boosted its stake in Marcus Corporation (The) by 0.7% in the first quarter. Legal & General Group Plc now owns 31,817 shares of the company’s stock valued at $1,021,000 after acquiring an additional 225 shares during the period. Institutional investors own 59.26% of the company’s stock.

Marcus Corporation (MCS) traded down $0.30 on Friday, hitting $26.40. The stock had a trading volume of 81,083 shares, compared to its average volume of 89,021. The company has a market capitalization of $725.33, a PE ratio of 19.25, a PEG ratio of 1.17 and a beta of 0.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.46 and a current ratio of 0.47. Marcus Corporation has a 52 week low of $23.85 and a 52 week high of $34.90.

Marcus Corporation (The) (NYSE:MCS) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.02. The company had revenue of $153.82 million for the quarter, compared to analysts’ expectations of $153.91 million. Marcus Corporation (The) had a return on equity of 9.73% and a net margin of 6.51%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. equities analysts forecast that Marcus Corporation will post 1.52 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, November 27th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, November 24th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.89%. Marcus Corporation (The)’s dividend payout ratio (DPR) is presently 35.97%.

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MCS has been the subject of a number of research reports. Zacks Investment Research downgraded Marcus Corporation (The) from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. TheStreet upgraded Marcus Corporation (The) from a “c” rating to a “b-” rating in a research note on Thursday, October 5th. B. Riley restated a “buy” rating and issued a $36.00 target price on shares of Marcus Corporation (The) in a research note on Friday, October 27th. Barrington Research decreased their target price on Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating for the company in a research note on Friday, July 28th. Finally, ValuEngine downgraded Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Marcus Corporation (The) has a consensus rating of “Buy” and a consensus target price of $35.67.

Marcus Corporation (The) 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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