20,552 Shares in MarineMax, Inc. (NYSE:HZO) Bought by SWS Partners

SWS Partners purchased a new stake in MarineMax, Inc. (NYSE:HZO - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,552 shares of the specialty retailer's stock, valued at approximately $595,000. SWS Partners owned 0.09% of MarineMax at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. US Bancorp DE grew its holdings in shares of MarineMax by 49.6% in the 4th quarter. US Bancorp DE now owns 1,764 shares of the specialty retailer's stock worth $51,000 after purchasing an additional 585 shares during the last quarter. Illinois Municipal Retirement Fund boosted its position in MarineMax by 6.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 11,776 shares of the specialty retailer's stock valued at $341,000 after buying an additional 732 shares in the last quarter. JPMorgan Chase & Co. grew its stake in MarineMax by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 11,705 shares of the specialty retailer's stock worth $413,000 after buying an additional 905 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of MarineMax by 4.7% during the fourth quarter. Empowered Funds LLC now owns 22,479 shares of the specialty retailer's stock worth $651,000 after buying an additional 1,006 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of MarineMax by 211.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,558 shares of the specialty retailer's stock valued at $43,000 after acquiring an additional 1,058 shares during the last quarter. 92.85% of the stock is currently owned by institutional investors and hedge funds.

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MarineMax Trading Up 3.5 %

Shares of HZO traded up $0.83 during trading hours on Friday, hitting $24.33. 352,527 shares of the stock traded hands, compared to its average volume of 293,653. The business has a fifty day moving average of $28.07 and a 200-day moving average of $30.27. The firm has a market capitalization of $552.53 million, a PE ratio of 10.22 and a beta of 1.91. MarineMax, Inc. has a 1-year low of $22.41 and a 1-year high of $38.20. The company has a current ratio of 1.19, a quick ratio of 0.24 and a debt-to-equity ratio of 0.35.

MarineMax (NYSE:HZO - Get Free Report) last issued its earnings results on Thursday, January 23rd. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.31. MarineMax had a net margin of 2.33% and a return on equity of 4.96%. Analysts expect that MarineMax, Inc. will post 2.41 EPS for the current year.

Insider Buying and Selling at MarineMax

In other MarineMax news, CAO Anthony E. Jr. Cassella sold 4,000 shares of the company's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $31.06, for a total value of $124,240.00. Following the completion of the sale, the chief accounting officer now owns 11,451 shares of the company's stock, valued at approximately $355,668.06. This represents a 25.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Clint Moore sold 4,100 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $30.63, for a total transaction of $125,583.00. Following the completion of the sale, the director now owns 23,560 shares in the company, valued at approximately $721,642.80. This trade represents a 14.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.00% of the company's stock.

Analyst Ratings Changes

HZO has been the topic of a number of research analyst reports. B. Riley upgraded MarineMax to a "strong-buy" rating in a research report on Wednesday, February 12th. DA Davidson decreased their target price on MarineMax from $38.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. Benchmark reaffirmed a "buy" rating and issued a $40.00 price target on shares of MarineMax in a report on Friday, January 24th. Finally, StockNews.com raised shares of MarineMax from a "sell" rating to a "hold" rating in a report on Friday, January 24th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $41.50.

About MarineMax

MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.