Marcus Corp (NYSE:MCS) VP Thomas F. Kissinger sold 7,500 shares of Marcus stock in a transaction that occurred on Monday, March 19th. The shares were sold at an average price of $30.62, for a total transaction of $229,650.00. Following the completion of the sale, the vice president now owns 84,843 shares in the company, valued at $2,597,892.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Marcus Corp (NYSE:MCS) traded down $0.05 on Tuesday, reaching $30.60. 42,268 shares of the company were exchanged, compared to its average volume of 85,872. The firm has a market capitalization of $840.71, a P/E ratio of 13.36, a price-to-earnings-growth ratio of 1.12 and a beta of 0.57. Marcus Corp has a fifty-two week low of $23.55 and a fifty-two week high of $34.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.48 and a current ratio of 0.48.

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Marcus (NYSE:MCS) last issued its earnings results on Thursday, February 22nd. The company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.08. The business had revenue of $158.16 million for the quarter, compared to the consensus estimate of $156.52 million. Marcus had a net margin of 10.44% and a return on equity of 10.48%. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 earnings per share. analysts predict that Marcus Corp will post 1.79 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Monday, March 5th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.96%. This is an increase from Marcus’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, March 2nd. Marcus’s payout ratio is presently 26.20%.

A number of institutional investors and hedge funds have recently modified their holdings of MCS. River Road Asset Management LLC increased its holdings in Marcus by 423.2% during the fourth quarter. River Road Asset Management LLC now owns 157,811 shares of the company’s stock worth $4,316,000 after buying an additional 127,646 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Marcus by 4.8% in the fourth quarter. BlackRock Inc. now owns 2,537,744 shares of the company’s stock valued at $69,406,000 after purchasing an additional 117,059 shares during the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of Marcus by 9.8% in the fourth quarter. Westwood Holdings Group Inc. now owns 780,168 shares of the company’s stock valued at $21,338,000 after purchasing an additional 69,515 shares during the last quarter. Western Standard LLC increased its holdings in shares of Marcus by 174.0% in the third quarter. Western Standard LLC now owns 108,031 shares of the company’s stock valued at $2,992,000 after purchasing an additional 68,605 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Marcus in the third quarter valued at $1,831,000. Institutional investors and hedge funds own 60.41% of the company’s stock.

A number of analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Marcus from a “sell” rating to a “hold” rating and set a $30.00 price objective on the stock in a report on Wednesday, February 28th. Barrington Research reiterated a “buy” rating and issued a $36.00 price objective on shares of Marcus in a report on Monday, February 26th. Finally, B. Riley reiterated a “buy” rating and issued a $36.00 price objective (up from $34.00) on shares of Marcus in a report on Friday, February 23rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $34.00.

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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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