Marcus Corp (MCS) Stake Boosted by Skylands Capital LLC

Skylands Capital LLC grew its holdings in Marcus Corp (NYSE:MCS) by 30.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 86,300 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Skylands Capital LLC’s holdings in Marcus were worth $2,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MCS. Acrospire Investment Management LLC increased its stake in shares of Marcus by 266.2% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock valued at $100,000 after purchasing an additional 2,401 shares during the last quarter. Fieldpoint Private Securities LLC bought a new stake in Marcus during the 3rd quarter worth $100,000. Envestnet Asset Management Inc. grew its position in Marcus by 85.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,169 shares of the company’s stock worth $116,000 after acquiring an additional 1,916 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its position in Marcus by 60.2% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 7,160 shares of the company’s stock worth $198,000 after acquiring an additional 2,690 shares during the last quarter. Finally, Stifel Financial Corp bought a new stake in Marcus during the 2nd quarter worth $211,000. Institutional investors own 60.15% of the company’s stock.

MCS has been the topic of a number of research reports. TheStreet upgraded Marcus from a “c” rating to a “b-” rating in a research report on Thursday, October 5th. B. Riley restated a “buy” rating and set a $36.00 price objective on shares of Marcus in a research report on Friday, October 27th. Benchmark restated a “buy” rating and set a $34.00 price objective (down previously from $37.00) on shares of Marcus in a research report on Wednesday, October 4th. Finally, Zacks Investment Research upgraded Marcus from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Wednesday, December 20th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Marcus presently has an average rating of “Buy” and a consensus target price of $34.75.

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

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

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Marcus 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 (NYSE:MCS)

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