Were Analysts Bearish MarineMax, Inc. (NYSE:HZO) This Week?

July 27, 2018 - By Palma Niemeyer

MarineMax, Inc. (NYSE:HZO) LogoInvestors sentiment increased to 0.88 in Q1 2018. Its up 0.10, from 0.78 in 2017Q4. It increased, as 19 investors sold MarineMax, Inc. shares while 40 reduced holdings. 22 funds opened positions while 30 raised stakes. 21.82 million shares or 0.78% more from 21.65 million shares in 2017Q4 were reported.
Texas Permanent School Fund has invested 0% in MarineMax, Inc. (NYSE:HZO). Thomson Horstmann Bryant owns 605,172 shares for 1.54% of their portfolio. Parkside Commercial Bank holds 0% or 25 shares in its portfolio. Deutsche Savings Bank Ag holds 0% in MarineMax, Inc. (NYSE:HZO) or 36,989 shares. State Of Alaska Department Of Revenue owns 7,123 shares for 0% of their portfolio. California State Teachers Retirement Sys reported 32,264 shares. Citigroup reported 5,136 shares. Brandywine Global Ltd Liability Com stated it has 0% in MarineMax, Inc. (NYSE:HZO). D E Shaw & Com, a New York-based fund reported 30,376 shares. Victory Cap Mngmt Inc reported 99,110 shares or 0% of all its holdings. Northern Tru Corp invested in 267,754 shares or 0% of the stock. Monarch Asset Lc owns 302,805 shares. Citadel Advsr Lc owns 45,391 shares. State Of Tennessee Treasury Department invested in 0% or 15,912 shares. Janney Montgomery Scott Ltd Liability Corporation stated it has 0.01% in MarineMax, Inc. (NYSE:HZO).

Since February 27, 2018, it had 0 insider buys, and 5 sales for $1.94 million activity. The insider MCLAMB MICHAEL H sold 25,000 shares worth $601,685. Shares for $573,049 were sold by Cashman Charles A on Thursday, May 3. EURE HILLIARD M had sold 10,000 shares worth $231,400.

MarineMax, Inc. (NYSE:HZO) Ratings Coverage

Among 3 analysts covering Marinemax (NYSE:HZO), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Marinemax had 6 analyst reports since April 26, 2018 according to SRatingsIntel. FBR Capital maintained MarineMax, Inc. (NYSE:HZO) on Thursday, April 26 with “Buy” rating. FBR Capital maintained the shares of HZO in report on Tuesday, June 26 with “Neutral” rating. The firm earned “Neutral” rating on Monday, June 18 by FBR Capital. The company was maintained on Thursday, April 26 by Craig Hallum. The stock of MarineMax, Inc. (NYSE:HZO) earned “Buy” rating by B. Riley & Co on Friday, April 27. The company was downgraded on Monday, June 25 by Craig Hallum. Below is a list of MarineMax, Inc. (NYSE:HZO) latest ratings and price target changes.

26/06/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $26 New Target: $23.5 Maintain
25/06/2018 Broker: Craig Hallum Rating: Hold New Target: $22.0000 Downgrade
18/06/2018 Broker: FBR Capital Old Rating: Buy New Rating: Neutral Old Target: $29 Downgrade
27/04/2018 Broker: B. Riley & Co Old Rating: Buy New Rating: Buy Old Target: $26.75 New Target: $29 Maintain
26/04/2018 Broker: Craig Hallum Rating: Buy New Target: $27.0000 Maintain
26/04/2018 Broker: FBR Capital Rating: Buy New Target: $26.7500 Maintain

The stock decreased 6.88% or $1.4 during the last trading session, reaching $18.95. About 1.20 million shares traded or 280.36% up from the average. MarineMax, Inc. (NYSE:HZO) has risen 30.08% since July 27, 2017 and is uptrending. It has outperformed by 17.51% the S&P500.

MarineMax, Inc. operates as a recreational boat retailer in the United States. The company has market cap of $421.26 million. It sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; convertible yachts; motor yachts; ski boats; and jet boats. It has a 15.71 P/E ratio. The firm also offers marine parts and accessories that comprise marine electronics; dock and anchoring products consisting of boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, such as tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products; service products; accessories, including propellers and instruments; and a line of boating accessories comprising life jackets, inflatables, and water sports equipment.

More news for MarineMax, Inc. (NYSE:HZO) were recently published by: Businesswire.com, which released: “MarineMax Reports Third Quarter Fiscal 2018 Results” on July 26, 2018. Benzinga.com‘s article titled: “40 Stocks Moving In Thursday’s Mid-Day Session” and published on July 26, 2018 is yet another important article.

MarineMax, Inc. (NYSE:HZO) Institutional Positions Chart

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