Marcus (NYSE:MCS) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, January 3rd.

According to Zacks, “The Marcus Corporation engages in the lodging and entertainment industries. It operates through two segments: Movie Theatres, and Hotels and Resorts. The Company’s movie theatre division owns or manages screens at locations in several states, as well as a family entertainment center. Marcus’ lodging division owns or manages hotels and resorts in several states, as well as a vacation club. It also provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development. The Marcus Corporation is headquartered in Milwaukee, Wisconsin. “

Other equities analysts also recently issued research reports about the company. TheStreet raised Marcus from a “c” rating to a “b-” rating in a research report on Thursday, October 5th. B. Riley reaffirmed a “buy” rating and issued a $36.00 target price on shares of Marcus in a research report on Friday, October 27th. Finally, Benchmark reiterated a “buy” rating and issued a $34.00 price target (down from $37.00) on shares of Marcus in a research note on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Marcus has a consensus rating of “Hold” and an average price target of $34.25.

Shares of Marcus (NYSE MCS) traded up $0.10 during midday trading on Wednesday, reaching $26.50. The company’s stock had a trading volume of 25,941 shares, compared to its average volume of 82,634. The firm has a market capitalization of $744.67, a P/E ratio of 18.99, a PEG ratio of 1.13 and a beta of 0.74. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.81. Marcus has a 1 year low of $23.85 and a 1 year high of $34.90.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MCS. Acrospire Investment Management LLC lifted its stake in Marcus by 266.2% during the second quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock worth $100,000 after purchasing an additional 2,401 shares during the last quarter. Fieldpoint Private Securities LLC bought a new position in shares of Marcus in the 3rd quarter valued at $100,000. Envestnet Asset Management Inc. lifted its stake in shares of Marcus by 85.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,169 shares of the company’s stock valued at $116,000 after acquiring an additional 1,916 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in shares of Marcus by 4.9% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock valued at $135,000 after acquiring an additional 210 shares during the last quarter. Finally, Stifel Financial Corp bought a new position in shares of Marcus in the 2nd quarter valued at $211,000. Hedge funds and other institutional investors own 60.46% of the company’s stock.

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Marcus Company Profile

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

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