MarineMax, Inc. (NYSE:HZO) Shares Bought by De Lisle Partners LLP

De Lisle Partners LLP boosted its holdings in shares of MarineMax, Inc. (NYSE:HZO) by 19.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 134,149 shares of the specialty retailer’s stock after purchasing an additional 21,921 shares during the period. De Lisle Partners LLP owned approximately 0.60% of MarineMax worth $4,728,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board acquired a new stake in shares of MarineMax during the 2nd quarter valued at $52,000. Bfsg LLC lifted its holdings in shares of MarineMax by 19.1% during the third quarter. Bfsg LLC now owns 4,248 shares of the specialty retailer’s stock valued at $150,000 after purchasing an additional 681 shares during the last quarter. James Investment Research Inc. acquired a new position in shares of MarineMax in the 3rd quarter valued at $203,000. Price T Rowe Associates Inc. MD increased its stake in MarineMax by 17.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,158 shares of the specialty retailer’s stock worth $205,000 after purchasing an additional 924 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in MarineMax by 5.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,251 shares of the specialty retailer’s stock worth $267,000 after buying an additional 408 shares during the period. 92.85% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HZO has been the topic of several analyst reports. StockNews.com downgraded shares of MarineMax from a “hold” rating to a “sell” rating in a research report on Tuesday, September 3rd. Citigroup upgraded MarineMax from a “neutral” rating to a “buy” rating and increased their target price for the company from $40.00 to $44.00 in a report on Monday, September 9th. Finally, Benchmark assumed coverage on MarineMax in a report on Tuesday, October 15th. They set a “buy” rating and a $40.00 price target on the stock. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, MarineMax currently has a consensus rating of “Moderate Buy” and an average price target of $41.83.

MarineMax Stock Up 1.1 %

Shares of MarineMax stock opened at $32.52 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.34. The firm has a market cap of $734.63 million, a price-to-earnings ratio of 19.71 and a beta of 1.85. The stock has a 50-day simple moving average of $31.59 and a 200-day simple moving average of $31.68. MarineMax, Inc. has a 52-week low of $22.51 and a 52-week high of $39.85.

MarineMax (NYSE:HZO) last released its quarterly earnings results on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $563.10 million for the quarter, compared to the consensus estimate of $576.49 million. MarineMax had a net margin of 1.57% and a return on equity of 5.09%. MarineMax’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS. On average, equities research analysts expect that MarineMax, Inc. will post 2.33 earnings per share for the current fiscal year.

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.