Marcus Corp. (MCS) Share Price Rose While Mairs & Power Has Upped Stake; As Apache (APA) Share Value Declined, Shareholder Umb Bank N A Has Cut Position by $954,240

April 24, 2018 - By Hazel Jackson

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Mairs & Power Inc increased its stake in Marcus Corp. (MCS) by 7.17% based on its latest 2017Q4 regulatory filing with the SEC. Mairs & Power Inc bought 20,700 shares as the company’s stock rose 8.39% while stock markets declined. The institutional investor held 309,423 shares of the movies and entertainment company at the end of 2017Q4, valued at $8.46 million, up from 288,723 at the end of the previous reported quarter. Mairs & Power Inc who had been investing in Marcus Corp. for a number of months, seems to be bullish on the $860.63M market cap company. The stock decreased 0.41% or $0.13 during the last trading session, reaching $30.77. About 18,163 shares traded. The Marcus Corporation (NYSE:MCS) has declined 3.57% since April 24, 2017 and is downtrending. It has underperformed by 15.12% the S&P500.

Umb Bank N A decreased its stake in Apache Corp (APA) by 57.48% based on its latest 2017Q4 regulatory filing with the SEC. Umb Bank N A sold 22,720 shares as the company’s stock declined 12.65% with the market. The institutional investor held 16,807 shares of the oil & gas production company at the end of 2017Q4, valued at $709,000, down from 39,527 at the end of the previous reported quarter. Umb Bank N A who had been investing in Apache Corp for a number of months, seems to be less bullish one the $15.73B market cap company. The stock decreased 0.87% or $0.36 during the last trading session, reaching $41.17. About 2.33 million shares traded. Apache Corporation (NYSE:APA) has declined 24.62% since April 24, 2017 and is downtrending. It has underperformed by 36.17% the S&P500.

Since March 7, 2018, it had 0 insider purchases, and 4 selling transactions for $1.22 million activity. GERSHOWITZ DIANE M had sold 12,750 shares worth $393,410 on Friday, April 6. KISSINGER THOMAS F sold $229,616 worth of stock or 7,500 shares.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.10, from 1.13 in 2017Q3. It dived, as 13 investors sold MCS shares while 46 reduced holdings. 17 funds opened positions while 44 raised stakes. 16.61 million shares or 0.34% more from 16.55 million shares in 2017Q3 were reported. Tiaa Cref Inv Mngmt Ltd Liability has 143,383 shares. Indexiq Advisors Limited Liability Co reported 0.04% in The Marcus Corporation (NYSE:MCS). Teton Advisors holds 0.92% or 365,000 shares. Swiss Financial Bank holds 0% or 29,500 shares in its portfolio. Great West Life Assurance Can holds 0% or 25,104 shares. Moreover, Renaissance Technologies Limited has 0.01% invested in The Marcus Corporation (NYSE:MCS). Vanguard Gru, Pennsylvania-based fund reported 1.08M shares. Gamco Invsts Et Al invested 0.18% in The Marcus Corporation (NYSE:MCS). Ls Lc invested in 0% or 508 shares. Stevens Limited Partnership accumulated 9,829 shares or 0.01% of the stock. Jefferies Gru Ltd Liability Corporation holds 11,769 shares or 0% of its portfolio. Morgan Stanley owns 62,926 shares. Wellington Grp Llp holds 0% or 774,149 shares. Gabelli Funds Ltd holds 376,000 shares or 0.06% of its portfolio. Dana Invest Advisors reported 0.09% of its portfolio in The Marcus Corporation (NYSE:MCS).

Among 6 analysts covering Marcus Corp (NYSE:MCS), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Marcus Corp had 15 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, July 29 by Benchmark. On Tuesday, January 30 the stock rating was maintained by FBR Capital with “Buy”. Benchmark maintained the shares of MCS in report on Wednesday, October 4 with “Buy” rating. As per Wednesday, October 18, the company rating was maintained by B. Riley & Co. B. Riley & Co maintained The Marcus Corporation (NYSE:MCS) rating on Monday, August 24. B. Riley & Co has “Buy” rating and $26 target. Barrington Research maintained The Marcus Corporation (NYSE:MCS) on Friday, July 28 with “Outperform” rating. The firm has “Buy” rating given on Friday, July 24 by B. Riley & Co. B. Riley & Co maintained the stock with “Buy” rating in Wednesday, July 19 report. On Friday, October 27 the stock rating was maintained by B. Riley & Co with “Buy”. The rating was maintained by B. Riley & Co on Friday, July 28 with “Buy”.

Mairs & Power Inc, which manages about $7.72 billion and $8.62B US Long portfolio, decreased its stake in Principal Financial (NYSE:PFG) by 21,663 shares to 2.57 million shares, valued at $181.40 million in 2017Q4, according to the filing. It also reduced its holding in General Electric (NYSE:GE) by 316,446 shares in the quarter, leaving it with 4.06M shares, and cut its stake in Hb Fuller (NYSE:FUL).

Umb Bank N A, which manages about $3.07 billion US Long portfolio, upped its stake in Praxair Inc (NYSE:PX) by 51,306 shares to 74,568 shares, valued at $11.53 million in 2017Q4, according to the filing. It also increased its holding in Fedex Corp (NYSE:FDX) by 8,657 shares in the quarter, for a total of 31,053 shares, and has risen its stake in Ishares Trust S&P 500/Barra (IVE).

Analysts await Apache Corporation (NYSE:APA) to report earnings on May, 2 after the close. They expect $0.37 earnings per share, up 362.50% or $0.29 from last year’s $0.08 per share. APA’s profit will be $141.39M for 27.82 P/E if the $0.37 EPS becomes a reality. After $0.33 actual earnings per share reported by Apache Corporation for the previous quarter, Wall Street now forecasts 12.12% EPS growth.

Since December 13, 2017, it had 2 insider buys, and 0 sales for $204,572 activity.

Apache Corporation (NYSE:APA) Institutional Positions Chart

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