As Scansource (SCSC) Market Value Declined, Icon Advisers Boosted Stake by $436,800; As The Marcus (MCS) Market Valuation Rose, Morgan Dempsey Capital Management Has Lowered Its Holding by $980,658

ScanSource, Inc. (NASDAQ:SCSC) Logo

Morgan Dempsey Capital Management Llc decreased its stake in The Marcus Corporation (MCS) by 18.42% based on its latest 2018Q3 regulatory filing with the SEC. Morgan Dempsey Capital Management Llc sold 23,349 shares as the company’s stock rose 1.37% while stock markets declined. The hedge fund held 103,439 shares of the movies and entertainment company at the end of 2018Q3, valued at $4.35 million, down from 126,788 at the end of the previous reported quarter. Morgan Dempsey Capital Management Llc who had been investing in The Marcus Corporation for a number of months, seems to be less bullish one the $1.24B market cap company. The stock decreased 1.25% or $0.51 during the last trading session, reaching $40.13. About 707,395 shares traded or 244.80% up from the average. The Marcus Corporation (NYSE:MCS) has risen 47.99% since February 16, 2018 and is uptrending. It has outperformed by 47.99% the S&P500. Some Historical MCS News: 15/05/2018 – Nationally Recognized Firms Selected to Design Milwaukee’s First Arts-Focused Hotel; 23/03/2018 – Marcus Theatres® Recognizes Vendor Partners of Excellence; 22/05/2018 – Marcus Corp Presenting at Conference Tomorrow; 10/04/2018 – Marcus® Hotels & Resorts Appoints Carl Dees as Vice President of Operations; 26/04/2018 – MARCUS CORP 1Q REV. $168.2M, EST. $158.3M; 26/04/2018 – Marcus Corp 1Q Rev $168.2M; 22/04/2018 – DJ Marcus Corporation, Inst Holders, 1Q 2018 (MCS); 26/04/2018 – The Marcus Corporation Reports Record Revenues and Earnings for the First Quarter of Fiscal 2018; 26/04/2018 – MARCUS CORP 1Q EPS 35C, EST. 34C; 13/03/2018 – Marcus® Hotels & Resorts Celebrates Award-Winning Properties

Icon Advisers Inc increased its stake in Scansource Inc. (SCSC) by 57.44% based on its latest 2018Q3 regulatory filing with the SEC. Icon Advisers Inc bought 11,200 shares as the company’s stock declined 10.45% with the market. The institutional investor held 30,700 shares of the technology company at the end of 2018Q3, valued at $1.23 million, up from 19,500 at the end of the previous reported quarter. Icon Advisers Inc who had been investing in Scansource Inc. for a number of months, seems to be bullish on the $1.01 billion market cap company. The stock increased 2.82% or $1.08 during the last trading session, reaching $39.35. About 139,497 shares traded. ScanSource, Inc. (NASDAQ:SCSC) has risen 5.14% since February 16, 2018 and is uptrending. It has outperformed by 5.14% the S&P500. Some Historical SCSC News: 15/03/2018 MITEL EXPANDS PARTNERSHIP WITH SCAN; 08/05/2018 – ScanSource 3Q Adj EPS 68c; 15/05/2018 – Five ScanSource Leaders Recognized as 2018 CRN Women of the Channel; 08/05/2018 – ScanSource Sees 4Q Adj EPS 74c-Adj EPS 80c; 16/04/2018 – Transition Networks Expands Technology Channel with ScanSource Partnership; 08/05/2018 – ScanSource 3Q EPS 42c; 15/03/2018 – MITEL: SCANSOURCE BECOMES PRIMARY U.S. DISTRIBUTOR; 08/05/2018 – SCANSOURCE SEES 4Q ADJ EPS 74C TO 80C, EST. 78C; 08/05/2018 – ScanSource Sees 4Q EPS 48c-EPS 54c; 23/04/2018 – DJ ScanSource Inc, Inst Holders, 1Q 2018 (SCSC)

Icon Advisers Inc, which manages about $2.21 billion and $1.18B US Long portfolio, decreased its stake in Momo Inc Sponsored Adr Class A by 22,500 shares to 39,300 shares, valued at $1.72M in 2018Q3, according to the filing. It also reduced its holding in Union Pac Corp (NYSE:UNP) by 14,845 shares in the quarter, leaving it with 83,809 shares, and cut its stake in Eversource Energy.

Investors sentiment increased to 1.35 in 2018 Q3. Its up 0.13, from 1.22 in 2018Q2. It improved, as 11 investors sold SCSC shares while 43 reduced holdings. 18 funds opened positions while 55 raised stakes. 23.91 million shares or 0.21% less from 23.96 million shares in 2018Q2 were reported. 6,614 were reported by Sg Americas Secs Llc. Bnp Paribas Arbitrage has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). The Texas-based Bridgeway Capital Mgmt Inc has invested 0.05% in ScanSource, Inc. (NASDAQ:SCSC). Amg Tru Financial Bank holds 0.04% in ScanSource, Inc. (NASDAQ:SCSC) or 17,712 shares. 2,702 were reported by Riverhead Ltd Liability Co. Huntington State Bank stated it has 0% in ScanSource, Inc. (NASDAQ:SCSC). 163,142 were accumulated by Morgan Stanley. Lsv Asset Mngmt holds 0.05% or 811,918 shares in its portfolio. Pub Sector Pension Board owns 17,449 shares. Manufacturers Life Co The has invested 0% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Moreover, Mason Street Ltd Liability Co has 0.01% invested in ScanSource, Inc. (NASDAQ:SCSC) for 7,584 shares. The Kentucky-based Teachers Retirement Sys Of The State Of Kentucky has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). 45,000 were reported by Swiss Bancorporation. California Pub Employees Retirement reported 85,526 shares. Profit Invest Management Limited Liability holds 0.99% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC) for 33,450 shares.

More notable recent ScanSource, Inc. (NASDAQ:SCSC) news were published by: Businesswire.com which released: “ScanSource Named to FORTUNE Magazine’s 2019 List of ‘World’s Most Admired Companies’ – Business Wire” on January 22, 2019, also Seekingalpha.com with their article: “ScanSource Inc’s (SCSC) CEO Michael Baur on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 28, 2018, Businesswire.com published: “Five ScanSource Executives Recognized as 2019 CRN® Channel Chiefs – Business Wire” on February 11, 2019. More interesting news about ScanSource, Inc. (NASDAQ:SCSC) were released by: Globenewswire.com and their article: “Analysis: Positioning to Benefit within Skyworks Solutions, Atmos Energy, Ellie Mae, ScanSource, REV Group, and GTx — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” published on February 07, 2019 as well as Nasdaq.com‘s news article titled: “Is ScanSource (SCSC) Stock Outpacing Its Industrial Products Peers This Year? – Nasdaq” with publication date: May 10, 2018.

Since August 21, 2018, it had 0 insider buys, and 6 insider sales for $2.09 million activity. 600 shares were sold by Lyons Gerald, worth $26,400. GRAINGER MICHAEL J also sold $86,100 worth of ScanSource, Inc. (NASDAQ:SCSC) on Tuesday, November 13. WHITCHURCH CHARLES R also sold $239,400 worth of ScanSource, Inc. (NASDAQ:SCSC) on Friday, November 9.

Among 2 analysts covering ScanSource (NASDAQ:SCSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ScanSource had 5 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of ScanSource, Inc. (NASDAQ:SCSC) has “Buy” rating given on Monday, March 26 by Northcoast. The rating was upgraded by Northcoast to “Buy” on Wednesday, December 23. Raymond James maintained the stock with “Outperform” rating in Tuesday, August 30 report. The firm earned “Sell” rating on Wednesday, August 12 by Zacks. The stock of ScanSource, Inc. (NASDAQ:SCSC) has “Outperform” rating given on Wednesday, August 29 by Raymond James.

Since August 15, 2018, it had 0 insider purchases, and 8 sales for $73.65 million activity. MILSTEIN PHILIP L also sold $211,619 worth of The Marcus Corporation (NYSE:MCS) on Tuesday, November 27. The insider KISSINGER THOMAS F sold $121,777. $423,876 worth of The Marcus Corporation (NYSE:MCS) was sold by RODRIGUEZ ROLANDO B on Friday, August 31. OLSON BRUCE J also sold $132,840 worth of The Marcus Corporation (NYSE:MCS) shares. Another trade for 89,093 shares valued at $3.66 million was made by Marcus Gregory S on Monday, September 10.

Investors sentiment decreased to 1.41 in 2018 Q3. Its down 0.14, from 1.55 in 2018Q2. It worsened, as 9 investors sold MCS shares while 49 reduced holdings. 36 funds opened positions while 46 raised stakes. 17.48 million shares or 4.26% more from 16.76 million shares in 2018Q2 were reported. Bessemer Grp Incorporated Incorporated, New Jersey-based fund reported 22,500 shares. Moreover, Arrowstreet Limited Partnership has 0.01% invested in The Marcus Corporation (NYSE:MCS). Savant Cap has invested 0.39% of its portfolio in The Marcus Corporation (NYSE:MCS). Kbc Group Nv holds 15,104 shares or 0% of its portfolio. Monarch Ptnrs Asset Mgmt Limited Liability Company stated it has 23,165 shares or 0.09% of all its holdings. Aperio Group Inc Llc holds 11,645 shares. State Of Alaska Department Of Revenue reported 6,424 shares stake. Fmr Ltd holds 132 shares. Pub Sector Pension Inv Board owns 0% invested in The Marcus Corporation (NYSE:MCS) for 13,141 shares. Bnp Paribas Arbitrage holds 658 shares or 0% of its portfolio. Invesco has invested 0% of its portfolio in The Marcus Corporation (NYSE:MCS). The Ontario – Canada-based Natl Bank Of Montreal Can has invested 0% in The Marcus Corporation (NYSE:MCS). The Massachusetts-based State Street Corp has invested 0% in The Marcus Corporation (NYSE:MCS). American Incorporated reported 15,193 shares or 0% of all its holdings. Axa invested 0.02% of its portfolio in The Marcus Corporation (NYSE:MCS).

Analysts await The Marcus Corporation (NYSE:MCS) to report earnings on February, 28. They expect $0.31 EPS, down 32.61% or $0.15 from last year’s $0.46 per share. MCS’s profit will be $9.55M for 32.36 P/E if the $0.31 EPS becomes a reality. After $0.56 actual EPS reported by The Marcus Corporation for the previous quarter, Wall Street now forecasts -44.64% negative EPS growth.

Among 6 analysts covering Marcus Corp (NYSE:MCS), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Marcus Corp had 18 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, July 24, the company rating was upgraded 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. On Friday, July 29 the stock rating was maintained by Benchmark with “Buy”. FBR Capital maintained the shares of MCS in report on Wednesday, April 25 with “Buy” rating. B. Riley & Co maintained the stock with “Buy” rating in Friday, October 27 report. The firm has “Outperform” rating given on Friday, July 28 by Barrington Research. The firm has “Buy” rating given on Wednesday, July 19 by B. Riley & Co. The firm has “Neutral” rating given on Wednesday, August 15 by FBR Capital. Benchmark maintained it with “Buy” rating and $34 target in Wednesday, October 4 report. The firm has “Buy” rating given on Wednesday, October 18 by B. Riley & Co.

More notable recent The Marcus Corporation (NYSE:MCS) news were published by: Streetinsider.com which released: “Marcus Corporation (MCS) Prices 1.5M Common Stock Offering by Shareholder at $40.25/Share – StreetInsider.com” on February 05, 2019, also Bizjournals.com with their article: “Intercontinental rebrand Saint Kate names Scott Sloan general manager – Milwaukee Business Journal” published on January 31, 2019, Businesswire.com published: “The Marcus Corporation (NYSE: MCS) celebrated 25 years of trading on the New York Stock Exchange (NYSE) by ringing today’s Opening Bell®; Photo Available on Business Wire’s Website and the Associated Press Photo Network – Business Wire” on December 14, 2018. More interesting news about The Marcus Corporation (NYSE:MCS) were released by: Businesswire.com and their article: “The Marcus Corporation Announces the Closing of Common Stock Offering by Selling Shareholder – Business Wire” published on February 06, 2019 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Spotlight On Walmart, Samsung And CAGNY – Seeking Alpha” with publication date: February 16, 2019.

The Marcus Corporation (NYSE:MCS) Institutional Positions Chart

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