Zoe’s Kitchen (NYSE:ZOES) Institutional Investor Sentiment Analysis

April 17, 2018 - By Nellie Frank

Zoe's Kitchen, Inc. (NYSE:ZOES) Logo

Sentiment for Zoe’s Kitchen (NYSE:ZOES)

Zoe’s Kitchen (NYSE:ZOES) institutional sentiment decreased to 0.62 in Q4 2017. Its down -0.36, from 0.98 in 2017Q3. The ratio dropped, as 33 hedge funds increased or opened new positions, while 53 sold and reduced holdings in Zoe’s Kitchen. The hedge funds in our partner’s database now own: 16.97 million shares, down from 18.57 million shares in 2017Q3. Also, the number of hedge funds holding Zoe’s Kitchen in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 20 Reduced: 33 Increased: 19 New Position: 14.

Zoe's Kitchen, Inc., through its subsidiaries, develops and operates a chain of fast-casual restaurants. The company has market cap of $269.14 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.

The stock decreased 0.43% or $0.06 during the last trading session, reaching $13.74. About 103,768 shares traded. Zoe's Kitchen, Inc. (NYSE:ZOES) has declined 14.24% since April 17, 2017 and is downtrending. It has underperformed by 25.79% the S&P500.

Robertson Opportunity Capital Llc holds 1.41% of its portfolio in Zoe's Kitchen, Inc. for 144,111 shares. Brown Capital Management Llc owns 3.28 million shares or 0.66% of their US portfolio. Moreover, Hhr Asset Management Llc has 0.54% invested in the company for 583,068 shares. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.28% in the stock. Tocqueville Asset Management L.P., a New York-based fund reported 923,400 shares.#img1#

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

Zoe's Kitchen, Inc. (NYSE:ZOES) Ratings Coverage

Ratings analysis reveals 50% of Zoe’s Kitchen’s analysts are positive. Out of 4 Wall Street analysts rating Zoe’s Kitchen, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $12.0 while the high is $20.0. The stock’s average target of $16 is 16.45% above today’s ($13.74) share price. ZOES was included in 7 notes of analysts from November 2, 2017. The stock of Zoe's Kitchen, Inc. (NYSE:ZOES) earned “Hold” rating by Cowen & Co on Thursday, November 9. As per Tuesday, January 2, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained it with “Neutral” rating and $13 target in Friday, November 10 report. On Friday, December 22 the stock rating was maintained by Jefferies with “Buy”. Jefferies maintained it with “Buy” rating and $17.0 target in Thursday, February 22 report. The stock of Zoe's Kitchen, Inc. (NYSE:ZOES) earned “Buy” rating by Maxim Group on Thursday, November 2. The stock has “Buy” rating by Jefferies on Friday, November 10.

Zoe's Kitchen, Inc. (NYSE:ZOES) Institutional Positions Chart

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