Brown Advisory Lowered Garmin LTD (GRMN) Holding; Zoe’s Kitchen (ZOES) Sentiment Is 0.62

March 15, 2018 - By Clifton Ray

Zoe's Kitchen, Inc., through its subsidiaries, develops and operates a chain of fast-casual restaurants. The company has market cap of $306.16 million. It operates a range of restaurant formats, including in-line, end-cap, and free-standing restaurants. It currently has negative earnings. As of May 25, 2017, the firm operated 219 owned and franchised restaurants in 20 states of the United States.

Brown Advisory Inc decreased Garmin Ltd (GRMN) stake by 29.71% reported in 2017Q3 SEC filing. Brown Advisory Inc sold 14,790 shares as Garmin Ltd (GRMN)’s stock rose 0.81%. The Brown Advisory Inc holds 34,997 shares with $1.89 million value, down from 49,787 last quarter. Garmin Ltd now has $11.31B valuation. The stock decreased 0.32% or $0.19 during the last trading session, reaching $60.07. About 241,665 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since March 15, 2017 and is uptrending. It has outperformed by 11.93% the S&P500.

Ratings analysis reveals 25% of Zoe’s Kitchen’s analysts are positive. Out of 4 Wall Street analysts rating Zoe’s Kitchen, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $25.0 while the high is $40.0. The stock’s average target of $33.75 is 115.93% above today’s ($15.63) share price. ZOES was included in 4 notes of analysts from August 23, 2016. Telsey Advisory maintained Zoe's Kitchen, Inc. (NYSE:ZOES) rating on Tuesday, August 23. Telsey Advisory has “Market Perform” rating and $36.0 target. Deutsche Bank maintained Zoe's Kitchen, Inc. (NYSE:ZOES) rating on Tuesday, August 23. Deutsche Bank has “Hold” rating and $34.0 target. The firm earned “Buy” rating on Tuesday, August 23 by Maxim Group. Stifel Nicolaus maintained the shares of ZOES in report on Monday, December 19 with “Hold” rating.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $19.37 million activity.

Robertson Opportunity Capital Llc holds 1.56% of its portfolio in Zoe's Kitchen, Inc. for 215,631 shares. Brown Capital Management Llc owns 3.28 million shares or 0.5% of their US portfolio. Moreover, Hhr Asset Management Llc has 0.41% invested in the company for 614,878 shares. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.16% in the stock. Highlander Capital Management Llc, a New Jersey-based fund reported 14,500 shares.

The stock increased 0.06% or $0.01 during the last trading session, reaching $15.63. About 81,780 shares traded. Zoe's Kitchen, Inc. (ZOES) has declined 49.51% since March 15, 2017 and is downtrending. It has underperformed by 66.21% the S&P500.

Brown Advisory Inc increased Bwx Technologies Inc stake by 2.11M shares to 2.16 million valued at $121.16M in 2017Q3. It also upped Duke Energy Corp New (NYSE:DUK) stake by 20,890 shares and now owns 71,924 shares. Cdk Global Inc (NASDAQ:CDK) was raised too.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.29, from 1.37 in 2017Q2. It turned negative, as 16 investors sold GRMN shares while 107 reduced holdings. 51 funds opened positions while 118 raised stakes. 74.22 million shares or 4.08% more from 71.31 million shares in 2017Q2 were reported. Asset Mgmt One Comm holds 189,389 shares. Caisse De Depot Et Placement Du Quebec accumulated 31,900 shares. Twin Capital Mgmt owns 42,930 shares or 0.12% of their US portfolio. Gotham Asset Mgmt Lc invested in 282,751 shares. Commerzbank Aktiengesellschaft Fi has invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Andra Ap has invested 0.04% in Garmin Ltd. (NASDAQ:GRMN). Kentucky Retirement holds 0.03% in Garmin Ltd. (NASDAQ:GRMN) or 7,044 shares. Moreover, State Board Of Administration Of Florida Retirement Sys has 0.02% invested in Garmin Ltd. (NASDAQ:GRMN). Mason Street Advsr Limited Liability Com holds 0.02% or 15,404 shares. Paradigm Cap Management Incorporated Ny reported 0.18% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Select Equity Grp Limited Partnership stated it has 0.29% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Asset Mgmt accumulated 0.03% or 14,360 shares. Stevens Lp holds 0.26% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 127,270 shares. Amp Limited reported 0.02% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Bnp Paribas Arbitrage owns 81,492 shares for 0.01% of their portfolio.

Since September 25, 2017, it had 0 insider purchases, and 7 insider sales for $3.55 million activity. On Monday, September 25 ETKIND ANDREW R sold $109,869 worth of Garmin Ltd. (NASDAQ:GRMN) or 2,073 shares. $45,904 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by Biddlecombe Sean on Wednesday, December 13. Shares for $2.35 million were sold by PEMBLE CLIFTON A on Thursday, February 15. Another trade for 1,881 shares valued at $103,455 was sold by Desbois Patrick. Shares for $599,708 were sold by Peffer Charles on Friday, February 23.

Among 16 analysts covering Garmin Ltd. (NASDAQ:GRMN), 3 have Buy rating, 4 Sell and 9 Hold. Therefore 19% are positive. Garmin Ltd. had 32 analyst reports since July 30, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, November 1 report. The rating was upgraded by JP Morgan on Monday, October 19 to “Neutral”. Longbow upgraded the stock to “Buy” rating in Wednesday, July 19 report. Credit Suisse downgraded the shares of GRMN in report on Monday, January 18 to “Underperform” rating. The stock has “Underweight” rating by JP Morgan on Thursday, July 30. The rating was maintained by Tigress Financial on Monday, March 12 with “Buy”. Morgan Stanley maintained Garmin Ltd. (NASDAQ:GRMN) on Thursday, November 2 with “Equal-Weight” rating. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Neutral” rating by Sterne Agee CRT on Tuesday, September 29. Raymond James upgraded Garmin Ltd. (NASDAQ:GRMN) rating on Tuesday, August 25. Raymond James has “Mkt Perform” rating and $43.0 target. The rating was maintained by Credit Suisse on Thursday, February 18 with “Underperform”.

Analysts await Garmin Ltd. (NASDAQ:GRMN) to report earnings on May, 2. They expect $0.56 EPS, up 7.69% or $0.04 from last year’s $0.52 per share. GRMN’s profit will be $105.39M for 26.82 P/E if the $0.56 EPS becomes a reality. After $0.79 actual EPS reported by Garmin Ltd. for the previous quarter, Wall Street now forecasts -29.11% negative EPS growth.

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