Marcus Corp (NYSE:MCS) Director Diane M. Gershowitz sold 13,491 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $41.50, for a total value of $559,876.50. Following the completion of the sale, the director now owns 207,955 shares in the company, valued at $8,630,132.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

MCS opened at $40.96 on Friday. Marcus Corp has a 52-week low of $29.25 and a 52-week high of $45.82. The stock has a market cap of $1.27 billion, a P/E ratio of 21.11, a P/E/G ratio of 1.61 and a beta of 0.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.47 and a current ratio of 0.46.

Marcus (NYSE:MCS) last released its earnings results on Thursday, February 21st. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Marcus had a return on equity of 11.96% and a net margin of 7.55%. The business had revenue of $175.03 million for the quarter, compared to analyst estimates of $175.00 million. Equities research analysts predict that Marcus Corp will post 1.71 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Monday, March 4th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Friday, March 1st. This is a positive change from Marcus’s previous quarterly dividend of $0.15. Marcus’s dividend payout ratio is presently 32.99%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Huntington National Bank raised its holdings in Marcus by 97,900.0% during the fourth quarter. Huntington National Bank now owns 980 shares of the company’s stock worth $39,000 after acquiring an additional 979 shares in the last quarter. Private Capital Group LLC raised its holdings in Marcus by 56.7% during the fourth quarter. Private Capital Group LLC now owns 1,255 shares of the company’s stock worth $50,000 after acquiring an additional 454 shares in the last quarter. Quantamental Technologies LLC bought a new stake in Marcus during the fourth quarter worth about $67,000. Advisors Preferred LLC bought a new stake in Marcus during the fourth quarter worth about $105,000. Finally, LS Investment Advisors LLC raised its holdings in Marcus by 430.8% during the fourth quarter. LS Investment Advisors LLC now owns 3,121 shares of the company’s stock worth $123,000 after acquiring an additional 2,533 shares in the last quarter. Institutional investors and hedge funds own 59.10% of the company’s stock.

A number of analysts have recently commented on the company. Benchmark boosted their price target on Marcus to $45.00 and gave the company a “buy” rating in a report on Friday, February 22nd. Barrington Research restated a “buy” rating and issued a $49.00 price target on shares of Marcus in a report on Thursday, February 21st. B. Riley set a $41.00 price target on Marcus and gave the company a “hold” rating in a report on Saturday, February 2nd. Finally, Zacks Investment Research upgraded Marcus from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Friday, January 25th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Marcus presently has a consensus rating of “Buy” and a consensus target price of $45.75.

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Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts. As of December 28, 2017, the company operated approximately 69 movie theatres with 895 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio; owned or managed approximately 4,841 hotel and resort rooms; and 19 hotels, resorts, and other properties for third parties in nine states.

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Insider Buying and Selling by Quarter for Marcus (NYSE:MCS)

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