MarineMax, Inc. (NYSE:HZO) Stock Holdings Lifted by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in MarineMax, Inc. (NYSE:HZO - Free Report) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,494,999 shares of the specialty retailer's stock after buying an additional 20,909 shares during the period. Vanguard Group Inc. owned approximately 6.58% of MarineMax worth $43,280,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. KLP Kapitalforvaltning AS purchased a new position in MarineMax in the 4th quarter worth approximately $113,000. Sei Investments Co. boosted its stake in shares of MarineMax by 19.5% in the fourth quarter. Sei Investments Co. now owns 339,291 shares of the specialty retailer's stock valued at $9,822,000 after purchasing an additional 55,259 shares during the period. American Century Companies Inc. boosted its stake in shares of MarineMax by 2.8% in the fourth quarter. American Century Companies Inc. now owns 2,032,468 shares of the specialty retailer's stock valued at $58,840,000 after purchasing an additional 55,592 shares during the period. Quantbot Technologies LP acquired a new stake in MarineMax during the 4th quarter valued at $129,000. Finally, Royce & Associates LP increased its stake in MarineMax by 11.7% during the 4th quarter. Royce & Associates LP now owns 412,156 shares of the specialty retailer's stock worth $11,932,000 after buying an additional 43,330 shares during the period. Institutional investors and hedge funds own 92.85% of the company's stock.

Insider Buying and Selling at MarineMax

In related news, CAO Anthony E. Jr. Cassella sold 4,000 shares of the business's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $31.06, for a total transaction of $124,240.00. Following the sale, the chief accounting officer now owns 11,451 shares of the company's stock, valued at $355,668.06. The trade was 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 available at the SEC website. Also, Director Clint Moore sold 4,100 shares of MarineMax stock in a transaction on Monday, January 27th. The shares were sold at an average price of $30.63, for a total value of $125,583.00. Following the transaction, 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. 4.00% of the stock is owned by corporate insiders.

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MarineMax Stock Performance

HZO traded down $1.05 on Tuesday, hitting $17.73. 725,289 shares of the company's stock were exchanged, compared to its average volume of 304,581. The firm has a market cap of $402.62 million, a PE ratio of 7.45 and a beta of 1.83. The stock has a fifty day moving average of $24.07 and a two-hundred day moving average of $28.05. MarineMax, Inc. has a twelve month low of $16.85 and a twelve month 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 announced its quarterly earnings results on Thursday, January 23rd. The specialty retailer reported $0.17 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%. On average, research analysts anticipate that MarineMax, Inc. will post 2.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on HZO shares. Truist Financial decreased their price objective on shares of MarineMax from $38.00 to $26.00 and set a "buy" rating for the company in a research report on Monday. DA Davidson reduced their price target on MarineMax from $38.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, January 22nd. B. Riley upgraded MarineMax to a "strong-buy" rating in a report on Wednesday, February 12th. Benchmark reaffirmed a "buy" rating and issued a $40.00 target price on shares of MarineMax in a research report on Friday, January 24th. Finally, StockNews.com raised shares of MarineMax from a "sell" rating to a "hold" rating in a research report on Friday, January 24th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $38.50.

MarineMax Company Profile

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.