StockNews.com Upgrades Marcus (NYSE:MCS) to Buy

Marcus (NYSE:MCS) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

Several other equities research analysts also recently issued reports on MCS. Barrington Research reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Marcus in a research report on Thursday, October 31st. B. Riley raised their price target on shares of Marcus from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, July 8th. Finally, Benchmark lifted their target price on shares of Marcus from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Friday.

Marcus Stock Up 1.7 %

Marcus stock traded up $0.36 during mid-day trading on Tuesday, hitting $21.46. 413,627 shares of the company’s stock were exchanged, compared to its average volume of 541,613. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.38. The stock has a market cap of $689.94 million, a P/E ratio of -63.12 and a beta of 1.48. Marcus has a 1-year low of $9.56 and a 1-year high of $21.69. The stock has a 50 day moving average of $15.57 and a two-hundred day moving average of $13.13.

Institutional Trading of Marcus

A number of hedge funds and other institutional investors have recently modified their holdings of MCS. Innealta Capital LLC acquired a new stake in Marcus during the 2nd quarter worth $30,000. nVerses Capital LLC acquired a new stake in Marcus during the 3rd quarter worth $32,000. CWM LLC grew its holdings in Marcus by 3,319.0% during the 2nd quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after acquiring an additional 2,788 shares during the period. GAMMA Investing LLC grew its holdings in Marcus by 53.0% during the 3rd quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock worth $58,000 after acquiring an additional 1,336 shares during the period. Finally, Creative Planning acquired a new stake in Marcus during the 3rd quarter worth $159,000. Institutional investors and hedge funds 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.