Marcus (NYSE:MCS) Earns “Buy” Rating from Benchmark

Marcus (NYSE:MCS)‘s stock had its “buy” rating reaffirmed by Benchmark in a research note issued on Thursday,Benzinga reports. They presently have a $25.00 price target on the stock. Benchmark’s price target would suggest a potential upside of 24.13% from the company’s current price.

A number of other analysts have also weighed in on the company. Barrington Research restated an “outperform” rating and set a $24.00 target price on shares of Marcus in a report on Wednesday, November 13th. StockNews.com raised Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th.

Marcus Trading Down 1.2 %

NYSE:MCS opened at $20.14 on Thursday. The firm has a 50-day simple moving average of $21.18 and a 200-day simple moving average of $17.55. Marcus has a one year low of $9.56 and a one year high of $23.16. The firm has a market cap of $634.01 million, a P/E ratio of -59.24, a P/E/G ratio of 2.54 and a beta of 1.54. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54.

Insider Buying and Selling

In related news, VP Thomas F. Kissinger sold 8,000 shares of Marcus stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $22.31, for a total value of $178,480.00. Following the completion of the sale, the vice president now directly owns 186,585 shares in the company, valued at $4,162,711.35. This trade represents a 4.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in MCS. GAMMA Investing LLC increased its position in shares of Marcus by 53.0% in the 3rd quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after acquiring an additional 1,336 shares during the period. nVerses Capital LLC purchased a new position in shares of Marcus in the third quarter worth about $32,000. CWM LLC lifted its holdings in shares of Marcus by 98.8% during the third quarter. CWM LLC now owns 5,709 shares of the company’s stock worth $86,000 after purchasing an additional 2,837 shares during the period. Walleye Trading LLC lifted its holdings in shares of Marcus by 14.5% during the third quarter. Walleye Trading LLC now owns 34,000 shares of the company’s stock worth $512,000 after purchasing an additional 4,300 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Marcus by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 19,944 shares of the company’s stock worth $429,000 after buying an additional 7,067 shares during the period. Hedge funds and other institutional investors own 81.57% of the company’s stock.

About Marcus

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.