Teachers Retirement System of The State of Kentucky Has $286,000 Stake in Marcus Corporation (The) (NYSE:MCS)

Teachers Retirement System of The State of Kentucky continued to hold its position in shares of Marcus Corporation (The) (NYSE:MCS) during the first quarter, Holdings Channel reports. The firm owned 8,900 shares of the company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Marcus Corporation (The) were worth $286,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Marcus Corporation (The) by 13.3% in the fourth quarter. State Street Corp now owns 451,360 shares of the company’s stock worth $14,217,000 after buying an additional 52,891 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of Marcus Corporation (The) by 22.4% in the fourth quarter. Teachers Advisors LLC now owns 56,330 shares of the company’s stock worth $1,774,000 after buying an additional 10,325 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Marcus Corporation (The) by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 7,700 shares of the company’s stock worth $247,000 after buying an additional 100 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in shares of Marcus Corporation (The) by 19.0% in the first quarter. Rice Hall James & Associates LLC now owns 86,875 shares of the company’s stock worth $2,789,000 after buying an additional 13,868 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. boosted its position in shares of Marcus Corporation (The) by 0.3% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 69,918 shares of the company’s stock worth $2,244,000 after buying an additional 237 shares during the last quarter. Institutional investors and hedge funds own 57.62% of the company’s stock.

Shares of Marcus Corporation (MCS) traded down 1.51% on Thursday, reaching $26.15. The company’s stock had a trading volume of 25,849 shares. The firm has a 50-day moving average price of $28.99 and a 200 day moving average price of $31.03. Marcus Corporation has a one year low of $22.32 and a one year high of $34.90. The firm has a market capitalization of $744.91 million, a PE ratio of 17.28 and a beta of 0.63.

Marcus Corporation (The) (NYSE:MCS) last announced its earnings results on Thursday, July 27th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.03. The company had revenue of $152.80 million for the quarter, compared to the consensus estimate of $158.43 million. Marcus Corporation (The) had a net margin of 7.18% and a return on equity of 10.78%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same period last year, the business posted $0.34 EPS. On average, analysts anticipate that Marcus Corporation will post $1.55 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.50 annualized dividend and a yield of 1.88%. Marcus Corporation (The)’s dividend payout ratio (DPR) is presently 33.11%.

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A number of research analysts have issued reports on MCS shares. B. Riley reiterated a “buy” rating and set a $40.00 price objective on shares of Marcus Corporation (The) in a research note on Monday, April 24th. Benchmark Co. reiterated a “buy” rating and set a $37.80 price objective (up previously from $34.96) on shares of Marcus Corporation (The) in a research note on Saturday, April 29th. ValuEngine upgraded Marcus Corporation (The) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Barrington Research lowered their price objective 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. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $37.45.

In other news, VP Thomas F. Kissinger sold 4,000 shares of the firm’s stock in a transaction on Wednesday, May 24th. The stock was sold at an average price of $32.17, for a total value of $128,680.00. Following the completion of the sale, the vice president now owns 60,039 shares of the company’s stock, valued at approximately $1,931,454.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Douglas A. Neis sold 3,000 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $33.83, for a total value of $101,490.00. Following the completion of the sale, the chief financial officer now directly owns 71,339 shares of the company’s stock, valued at approximately $2,413,398.37. The disclosure for this sale can be found here. 33.53% of the stock is currently owned by company insiders.

About Marcus Corporation (The)

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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