Wednesday, 31 January 2018

Michael Mclamb Unloaded 50,000 Shares of MarineMax, Inc. (HZO); 7 Analysts Covering Ares Management, L.P. (ARES)

As exposed in the Security Exchange Commission, a public report for the deal of 50,000 shares of Marinemax Inc by Michael Mclamb was filled. Michael Mclamb now serves as a Executive VP – CFO and Sec of the stock exchange listed company. The legal document was filled on January 30, 2018. The transaction’s shares were sold at average $24.0 per every share, and had a value of $1,200,000 U.S Dollars. Michael Mclamb now has ownership of 121,456 shares which are about 0.55% of the Florida-Company’s total market cap.

Among 10 analysts covering Ares Management (NYSE:ARES), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ares Management had 31 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating by Keefe Bruyette & Woods given on Wednesday, January 10. Goldman Sachs maintained the stock with “Neutral” rating in Friday, March 10 report. On Monday, March 14 the stock rating was maintained by Credit Suisse with “Neutral”. RBC Capital Markets maintained it with “Buy” rating and $21.0 target in Wednesday, October 18 report. The rating was maintained by Wood with “Outperform” on Friday, October 14. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, June 14 report. Wells Fargo reinitiated the stock with “Outperform” rating in Wednesday, December 21 report. Bank of America downgraded the stock to “Neutral” rating in Wednesday, August 10 report. The stock has “Outperform” rating by Wood on Friday, April 7. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, August 4 report. See Ares Management, L.P. (NYSE:ARES) latest ratings:

10/01/2018 Broker: Credit Suisse Rating: Buy New Target: $33.0 Maintain
10/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $24.0 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $22.0 Maintain
18/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $21.0 Maintain
21/09/2017 Broker: Oppenheimer Rating: Outperform New Target: $18 Initiates Coverage On
04/09/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $22.0 Maintain
04/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $21.0000 Maintain
04/08/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $22.0000 Maintain

The stock decreased 1.43% or $0.35 during the last trading session, reaching $24.15. About 86,218 shares traded. Ares Management, L.P. (NYSE:ARES) has risen 31.82% since January 31, 2017 and is uptrending. It has outperformed by 15.12% the S&P500.

Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company has market cap of $5.14 billion. The companyÂ’s Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. It has a 42.67 P/E ratio. The Company’s Direct Lending Group segment provides financing solutions to small-to-medium sized companies.

Investors sentiment decreased to 1.27 in Q3 2017. Its down 0.29, from 1.56 in 2017Q2. It is negative, as 5 investors sold Ares Management, L.P. shares while 10 reduced holdings. 5 funds opened positions while 14 raised stakes. 11.98 million shares or 4.64% more from 11.45 million shares in 2017Q2 were reported. 484,750 are held by Segall Bryant & Hamill Ltd. Gsa Prns Limited Liability Partnership holds 0.06% of its portfolio in Ares Management, L.P. (NYSE:ARES) for 46,000 shares. Stifel Fincl has 0% invested in Ares Management, L.P. (NYSE:ARES). Manufacturers Life Ins The stated it has 0% in Ares Management, L.P. (NYSE:ARES). Greenwich Inv Incorporated has 1.52% invested in Ares Management, L.P. (NYSE:ARES) for 63,466 shares. Raymond James Associate accumulated 12,802 shares. Renaissance Technologies Ltd Limited Liability Company has 126,000 shares. Fmr Ltd Com has invested 0% of its portfolio in Ares Management, L.P. (NYSE:ARES). National Bank & Trust Of Ny Mellon holds 0% or 18,828 shares. accumulated 1.28 million shares. Deutsche Comml Bank Ag stated it has 126,000 shares. Moreover, Wells Fargo Communications Mn has 0% invested in Ares Management, L.P. (NYSE:ARES) for 626,996 shares. Morgan Stanley, New York-based fund reported 732,948 shares. 12,379 were accumulated by Hsbc Public Ltd Co. Citigroup Incorporated stated it has 0% in Ares Management, L.P. (NYSE:ARES).

MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company has market cap of $508.67 million. It sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; motor yachts; convertible yachts; pleasure boats; pontoon boats; fishing boats; ski boats; and jet boats. It has a 22.18 P/E ratio. The firm also offers marine parts and accessories that comprise marine electronics; dock and anchoring products consisting of boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, such as tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products; service products; accessories, including propellers and instruments; and a line of boating accessories comprising life jackets, inflatables, and water sports equipment.

The stock decreased 1.29% or $0.3 during the last trading session, reaching $23. About 333,966 shares traded. MarineMax, Inc. (NYSE:HZO) has risen 12.03% since January 31, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.

Among 11 analysts covering Marinemax (NYSE:HZO), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Marinemax has $27.0 highest and $19.75 lowest target. $23.11’s average target is 0.48% above currents $23 stock price. Marinemax had 21 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, October 31 the stock rating was maintained by SunTrust with “Buy”. The firm has “Overweight” rating by Stephens given on Monday, September 14. The stock of MarineMax, Inc. (NYSE:HZO) earned “Buy” rating by Longbow on Tuesday, August 18. As per Thursday, December 3, the company rating was initiated by Craig Hallum. SunTrust maintained it with “Buy” rating and $27.0 target in Wednesday, January 24 report. The firm earned “Buy” rating on Friday, February 10 by Citigroup. As per Monday, January 22, the company rating was maintained by FBR Capital. Citigroup maintained MarineMax, Inc. (NYSE:HZO) rating on Monday, October 2. Citigroup has “Buy” rating and $20 target. The firm has “Neutral” rating by Wedbush given on Wednesday, January 25. The rating was upgraded by C.L. King on Thursday, January 25 to “Buy”.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.01, from 1.11 in 2017Q2. It is positive, as 18 investors sold MarineMax, Inc. shares while 32 reduced holdings. 16 funds opened positions while 40 raised stakes. 23.06 million shares or 0.99% less from 23.29 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage holds 0% of its portfolio in MarineMax, Inc. (NYSE:HZO) for 12,442 shares. Rice Hall James And Assocs Limited Co reported 109,945 shares stake. Tiaa Cref Invest Mngmt Limited Liability reported 99,182 shares. Thrivent For Lutherans has 14,920 shares for 0% of their portfolio. New York State Teachers Retirement Sys has invested 0% in MarineMax, Inc. (NYSE:HZO). New York State Common Retirement Fund has invested 0% of its portfolio in MarineMax, Inc. (NYSE:HZO). Manatuck Hill Ptnrs Limited Com owns 88,600 shares or 0.72% of their US portfolio. Pinebridge Investments L P owns 3,013 shares. California State Teachers Retirement System reported 39,863 shares or 0% of all its holdings. Mason Street Advsr Limited Liability Company owns 6,149 shares or 0% of their US portfolio. Federated Invsts Pa reported 0% in MarineMax, Inc. (NYSE:HZO). Caprock Grp holds 12,865 shares. Moreover, Wells Fargo Mn has 0% invested in MarineMax, Inc. (NYSE:HZO) for 90,819 shares. Legal & General Group Inc Pcl accumulated 45,324 shares or 0% of the stock. Moreover, Cortina Asset Limited Liability Com has 0.23% invested in MarineMax, Inc. (NYSE:HZO) for 346,145 shares.

Since August 21, 2017, it had 0 insider buys, and 6 insider sales for $1.47 million activity. Shares for $40,000 were sold by EURE HILLIARD M on Thursday, September 21. Shares for $42,500 were sold by WOODMAN DEAN S on Tuesday, October 3. MCGILL WILLIAM H JR sold 50,000 shares worth $1.18M. Shares for $120,800 were sold by Day Paulee C.

The post Michael Mclamb Unloaded 50,000 Shares of MarineMax, Inc. (HZO); 7 Analysts Covering Ares Management, L.P. (ARES) appeared first on Stock Market News | HillCountryTimes | Get it Today.



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