Marcus Corp (MCS) Shares Sold by Savant Capital LLC

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Savant Capital LLC decreased its holdings in Marcus Corp (NYSE:MCS) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,439 shares of the company’s stock after selling 3,000 shares during the quarter. Savant Capital LLC owned approximately 0.17% of Marcus worth $1,913,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MCS. Huntington National Bank boosted its position in Marcus by 97,900.0% during the fourth quarter. Huntington National Bank now owns 980 shares of the company’s stock valued at $39,000 after acquiring an additional 979 shares during the last quarter. Private Capital Group LLC boosted its position in Marcus by 56.7% during the fourth quarter. Private Capital Group LLC now owns 1,255 shares of the company’s stock valued at $50,000 after acquiring an additional 454 shares during the last quarter. Quantamental Technologies LLC bought a new stake in Marcus during the fourth quarter valued at $67,000. Advisors Preferred LLC bought a new stake in Marcus during the fourth quarter valued at $105,000. Finally, LS Investment Advisors LLC boosted its position in Marcus by 430.8% during the fourth quarter. LS Investment Advisors LLC now owns 3,121 shares of the company’s stock valued at $123,000 after acquiring an additional 2,533 shares during the last quarter. 62.58% of the stock is currently owned by institutional investors.

MCS stock opened at $39.63 on Monday. The stock has a market cap of $1.22 billion, a PE ratio of 25.73, a P/E/G ratio of 1.33 and a beta of 0.76. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59. Marcus Corp has a 1 year low of $23.55 and a 1 year high of $45.82.

In other news, VP Thomas F. Kissinger sold 2,850 shares of the stock in a transaction dated Wednesday, January 9th. The shares were sold at an average price of $42.73, for a total transaction of $121,780.50. Following the transaction, the vice president now owns 82,214 shares of the company’s stock, valued at approximately $3,513,004.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Vss-Southern Holdings Llc sold 1,725,000 shares of the stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $39.83, for a total transaction of $68,706,750.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,732,850 shares of company stock worth $69,040,131 in the last three months. Insiders own 32.88% of the company’s stock.

MCS has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Marcus from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Friday, January 25th. B. Riley set a $41.00 price target on shares of Marcus and gave the company a “hold” rating in a research report on Saturday, February 2nd.

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About Marcus

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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Institutional Ownership by Quarter for Marcus (NYSE:MCS)

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