Jane Street Group LLC Has $1.56 Million Stock Holdings in MarineMax, Inc. (NYSE:HZO)

Jane Street Group LLC reduced its holdings in MarineMax, Inc. (NYSE:HZO - Free Report) by 44.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,701 shares of the specialty retailer's stock after selling 43,480 shares during the period. Jane Street Group LLC owned approximately 0.24% of MarineMax worth $1,555,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in HZO. Northern Trust Corp increased its position in shares of MarineMax by 9.0% during the fourth quarter. Northern Trust Corp now owns 226,140 shares of the specialty retailer's stock valued at $6,547,000 after purchasing an additional 18,765 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of MarineMax during the fourth quarter valued at approximately $82,000. RBF Capital LLC increased its position in shares of MarineMax by 18.9% during the fourth quarter. RBF Capital LLC now owns 111,186 shares of the specialty retailer's stock valued at $3,219,000 after purchasing an additional 17,642 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of MarineMax by 23.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,714 shares of the specialty retailer's stock valued at $253,000 after purchasing an additional 1,653 shares during the period. Finally, Jump Financial LLC bought a new stake in shares of MarineMax during the fourth quarter valued at approximately $307,000. 92.85% of the stock is owned by institutional investors.

MarineMax Price Performance

MarineMax stock traded down $0.23 on Friday, reaching $21.28. The company's stock had a trading volume of 166,479 shares, compared to its average volume of 306,778. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.24 and a current ratio of 1.19. The company has a market cap of $456.95 million, a price-to-earnings ratio of 8.94 and a beta of 1.69. The business's fifty day moving average price is $21.33 and its 200 day moving average price is $26.18. MarineMax, Inc. has a twelve month low of $16.85 and a twelve month high of $38.20.

MarineMax (NYSE:HZO - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The specialty retailer reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.07. The company had revenue of $631.52 million for the quarter, compared to analyst estimates of $580.12 million. MarineMax had a return on equity of 4.96% and a net margin of 2.33%. The business's revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 earnings per share. Equities analysts expect that MarineMax, Inc. will post 2.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HZO shares. Benchmark restated a "buy" rating and set a $40.00 price objective on shares of MarineMax in a research report on Friday, January 24th. Wall Street Zen upgraded MarineMax from a "sell" rating to a "hold" rating in a research report on Friday, January 24th. Truist Financial lowered their price target on MarineMax from $38.00 to $26.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, B. Riley upgraded MarineMax to a "strong-buy" rating in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, MarineMax currently has an average rating of "Buy" and a consensus price target of $38.50.

MarineMax 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.