Skylands Capital LLC Buys 20,000 Shares of Marcus Corp (MCS)

Skylands Capital LLC boosted its stake in shares of Marcus Corp (NYSE:MCS) by 30.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,300 shares of the company’s stock after acquiring an additional 20,000 shares during the period. Skylands Capital LLC owned 0.31% of Marcus worth $2,360,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in Marcus by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,594,964 shares of the company’s stock worth $44,181,000 after acquiring an additional 23,133 shares during the period. Vanguard Group Inc. increased its stake in Marcus by 9.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock worth $31,836,000 after acquiring an additional 90,670 shares during the period. Northern Trust Corp increased its stake in Marcus by 3.3% during the 2nd quarter. Northern Trust Corp now owns 973,881 shares of the company’s stock worth $29,410,000 after acquiring an additional 31,520 shares during the period. Westwood Holdings Group Inc. increased its stake in Marcus by 45.5% during the 2nd quarter. Westwood Holdings Group Inc. now owns 530,462 shares of the company’s stock worth $16,020,000 after acquiring an additional 165,790 shares during the period. Finally, State Street Corp increased its stake in Marcus by 2.2% during the 2nd quarter. State Street Corp now owns 491,067 shares of the company’s stock worth $14,829,000 after acquiring an additional 10,405 shares during the period. Hedge funds and other institutional investors own 60.15% of the company’s stock.

Marcus Corp (NYSE:MCS) opened at $27.00 on Wednesday. Marcus Corp has a 52 week low of $23.85 and a 52 week high of $34.90. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $759.98, a price-to-earnings ratio of 19.42, a PEG ratio of 1.14 and a beta of 0.74.

Marcus (NYSE:MCS) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. Marcus had a return on equity of 9.73% and a net margin of 6.51%. The company had revenue of $153.82 million for the quarter, compared to analyst estimates of $153.91 million. During the same quarter last year, the company posted $0.51 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. sell-side analysts expect that Marcus Corp will post 1.52 earnings per share for the current year.

A number of equities analysts have commented on the company. Zacks Investment Research lowered Marcus from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Benchmark restated a “buy” rating and set a $34.00 price objective (down previously from $37.00) on shares of Marcus in a research note on Wednesday, October 4th. B. Riley set a $36.00 price objective on Marcus and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Finally, TheStreet upgraded Marcus from a “c” rating to a “b-” rating in a research note on Thursday, October 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $34.75.

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About Marcus

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 (NYSE:MCS)

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