City Of London Investment Group Plc Made a Purchase of 14,672 Shares of The China Fund, Inc. (CHN); Marinemax Has 1.12 Sentiment

February 10, 2018 - By Jerrie Dane

MarineMax, Inc. operates as a recreational boat retailer in the United States. The company has market cap of $468.72 million. It sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; convertible yachts; motor yachts; ski boats; and jet boats. It has a 20.44 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.

City Of London Investment Group Plc, an insider of China Fund Inc recently disclosed deal with the (SEC). As disclosed in the legal report, City Of London Investment Group Plc purchased 14,672 shares of the Massachusetts-based company, priced at $21.5 per share. $315,301 U.S Dollars was the deal’s value. The SEC document’s date was 09/02/2018. City Of London Investment Group Plc now indirectly owns 4255843 shares. The insider also directly owns 0 shares. In total he holds a stake of 27.07%.

Since January 1, 0001, it had 0 insider purchases, and 8 sales for $2.74 million activity.

Ratings analysis reveals 50% of MarineMax’s analysts are positive. Out of 2 Wall Street analysts rating MarineMax, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $22.0 while the high is $26.0. The stock’s average target of $24 is 13.21% above today’s ($21.2) share price. HZO was included in 2 notes of analysts from January 25, 2017. Wedbush maintained the stock with “Neutral” rating in Wednesday, January 25 report. The rating was initiated by Citigroup on Friday, February 10 with “Buy”.

The stock increased 2.17% or $0.45 during the last trading session, reaching $21.2. About 489,378 shares traded or 42.00% up from the average. MarineMax, Inc. (HZO) has risen 12.03% since February 10, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.

Impala Asset Management Llc holds 1.64% of its portfolio in MarineMax, Inc. for 2.21 million shares. Coe Capital Management Llc owns 52,875 shares or 0.91% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 0.89% invested in the company for 392,657 shares. The Connecticut-based Manatuck Hill Partners Llc has invested 0.72% in the stock. Rutabaga Capital Management Llc Ma, a Massachusetts-based fund reported 204,767 shares.

Investors sentiment increased to 4.25 in 2017 Q3. Its up 3.62, from 0.63 in 2017Q2. It increased, as 0 investors sold The China Fund, Inc. shares while 4 reduced holdings. 4 funds opened positions while 13 raised stakes. 17.91 million shares or 100.80% more from 8.92 million shares in 2017Q2 were reported. Tower Cap Limited Liability Corp (Trc) holds 0% of its portfolio in The China Fund, Inc. (NYSE:CHN) for 108 shares. Whittier has 0% invested in The China Fund, Inc. (NYSE:CHN). Royal Savings Bank Of Canada holds 0% of its portfolio in The China Fund, Inc. (NYSE:CHN) for 14,800 shares. 351,363 are held by Bulldog Invsts Ltd Llc. Karpus Mgmt Incorporated stated it has 270,174 shares or 0.28% of all its holdings. The Illinois-based Css Limited Co Il has invested 0.03% in The China Fund, Inc. (NYSE:CHN). First Wilshire accumulated 0.41% or 71,790 shares. Lazard Asset Lc accumulated 2.43 million shares or 0.1% of the stock. Edge Wealth Mngmt Limited Liability holds 0% or 580 shares. Pnc Fin Service reported 3,759 shares. Raymond James & Assocs reported 51,774 shares. The United Kingdom-based City Of London Mngmt Limited has invested 5.78% in The China Fund, Inc. (NYSE:CHN). Moreover, Financial Bank Of America Corp De has 0% invested in The China Fund, Inc. (NYSE:CHN). 1607 Cap Partners Ltd Liability Company holds 0.52% or 445,120 shares. Gramercy Funds Limited Liability Corp reported 143,586 shares.

Since December 11, 2017, it had 13 buys, and 0 insider sales for $1.89 million activity. 5,370 The China Fund, Inc. (NYSE:CHN) shares with value of $127,001 were bought by CITY OF LONDON INVESTMENT GROUP PLC.

The stock increased 0.28% or $0.06 during the last trading session, reaching $21.46. About 43,812 shares traded or 80.07% up from the average. The China Fund, Inc. (NYSE:CHN) has risen 31.44% since February 10, 2017 and is uptrending. It has outperformed by 14.74% the S&P500.