BNP Paribas Arbitrage SA increased its holdings in shares of MarineMax Inc (NYSE:HZO) by 69.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,442 shares of the specialty retailer’s stock after purchasing an additional 5,094 shares during the quarter. BNP Paribas Arbitrage SA owned 0.05% of MarineMax worth $206,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Eagle Asset Management Inc. increased its position in MarineMax by 4.6% during the 2nd quarter. Eagle Asset Management Inc. now owns 3,330,527 shares of the specialty retailer’s stock worth $65,111,000 after purchasing an additional 146,127 shares in the last quarter. Dimensional Fund Advisors LP increased its position in MarineMax by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,206,573 shares of the specialty retailer’s stock worth $43,138,000 after purchasing an additional 9,452 shares in the last quarter. Impala Asset Management LLC increased its position in MarineMax by 18.6% during the 2nd quarter. Impala Asset Management LLC now owns 1,795,759 shares of the specialty retailer’s stock worth $35,107,000 after purchasing an additional 282,017 shares in the last quarter. Vanguard Group Inc. increased its position in MarineMax by 4.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,349,327 shares of the specialty retailer’s stock worth $26,380,000 after purchasing an additional 53,443 shares in the last quarter. Finally, American Century Companies Inc. increased its position in MarineMax by 51.7% during the 3rd quarter. American Century Companies Inc. now owns 1,208,999 shares of the specialty retailer’s stock worth $20,009,000 after purchasing an additional 412,038 shares in the last quarter. 98.81% of the stock is owned by hedge funds and other institutional investors.

A number of analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $19.75 target price on shares of MarineMax in a research report on Monday, September 25th. Citigroup increased their target price on shares of MarineMax from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, October 2nd. TheStreet raised shares of MarineMax from a “c+” rating to a “b” rating in a research report on Thursday, December 7th. Ifs Securities reissued a “strong-buy” rating and set a $20.00 target price on shares of MarineMax in a research report on Thursday, August 24th. Finally, Craig Hallum set a $21.00 price target on MarineMax and gave the stock a “buy” rating in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $21.67.

MarineMax Inc (NYSE:HZO) traded down $0.65 during midday trading on Friday, reaching $20.45. The company’s stock had a trading volume of 234,800 shares, compared to its average volume of 302,976. The stock has a market cap of $559.16, a PE ratio of 20.89, a PEG ratio of 0.60 and a beta of 1.04. MarineMax Inc has a 52-week low of $13.80 and a 52-week high of $23.65.

MarineMax (NYSE:HZO) last released its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.11. The firm had revenue of $250.62 million during the quarter, compared to analysts’ expectations of $231.96 million. MarineMax had a return on equity of 7.82% and a net margin of 2.24%. MarineMax’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 EPS. equities analysts predict that MarineMax Inc will post 1.16 EPS for the current fiscal year.

In other news, VP Michael H. Mclamb sold 10,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $21.10, for a total transaction of $211,000.00. Following the completion of the transaction, the vice president now directly owns 21,500 shares in the company, valued at approximately $453,650. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman William H. Mcgill, Jr. sold 35,000 shares of the stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $22.03, for a total value of $771,050.00. Following the transaction, the chairman now owns 262,142 shares of the company’s stock, valued at $5,774,988.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,900 shares of company stock valued at $2,165,940. 5.00% of the stock is owned by company insiders.

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MarineMax Profile

MarineMax, Inc is a recreational boat and yacht dealer in the United States. Through 56 retail locations in Alabama, California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, and Texas, the Company sold new and used recreational boats, including pleasure and fishing boats, as of September 30, 2016.

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Institutional Ownership by Quarter for MarineMax (NYSE:HZO)

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