The Marcus Co. (NYSE:MCS) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. decreased its stake in The Marcus Co. (NYSE:MCSFree Report) by 32.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,835 shares of the company’s stock after selling 15,566 shares during the period. Avantax Advisory Services Inc. owned 0.10% of Marcus worth $493,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Teachers Retirement System of The State of Kentucky acquired a new stake in Marcus during the 3rd quarter worth $52,000. Tower Research Capital LLC TRC boosted its stake in Marcus by 468.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,746 shares of the company’s stock worth $70,000 after purchasing an additional 3,911 shares during the period. State of Wyoming boosted its stake in Marcus by 23.1% during the 4th quarter. State of Wyoming now owns 5,700 shares of the company’s stock worth $82,000 after purchasing an additional 1,071 shares during the period. Morgan Dempsey Capital Management LLC boosted its stake in Marcus by 24.7% during the 1st quarter. Morgan Dempsey Capital Management LLC now owns 4,858 shares of the company’s stock worth $86,000 after purchasing an additional 962 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Marcus during the 1st quarter worth $127,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. B. Riley decreased their price target on shares of Marcus from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, January 2nd. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Marcus presently has an average rating of “Moderate Buy” and an average target price of $19.33.

Check Out Our Latest Analysis on Marcus

Marcus Stock Up 1.6 %

Shares of Marcus stock opened at $14.26 on Monday. The company has a market cap of $452.04 million, a P/E ratio of 237.71, a PEG ratio of 10.01 and a beta of 1.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.59 and a current ratio of 0.59. The Marcus Co. has a one year low of $13.30 and a one year high of $18.05. The firm has a fifty day moving average of $14.11 and a two-hundred day moving average of $14.92.

About Marcus

(Free Report)

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. The company's Theatres segment operates multiscreen motion picture theatres, as well as Funset Boulevard, a family entertainment center under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.

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Institutional Ownership by Quarter for Marcus (NYSE:MCS)

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