Robertson Opportunity Capital LLC trimmed its holdings in shares of Zoe's Kitchen Inc (NYSE:ZOES) by 33.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 144,111 shares of the restaurant operator’s stock after selling 71,520 shares during the quarter. Zoe's Kitchen makes up approximately 1.4% of Robertson Opportunity Capital LLC’s investment portfolio, making the stock its 25th biggest holding. Robertson Opportunity Capital LLC’s holdings in Zoe's Kitchen were worth $2,410,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ZOES. Dimensional Fund Advisors LP grew its holdings in Zoe's Kitchen by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 71,428 shares of the restaurant operator’s stock worth $851,000 after purchasing an additional 618 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Zoe's Kitchen by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 16,430 shares of the restaurant operator’s stock worth $196,000 after purchasing an additional 1,118 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Zoe's Kitchen by 6.0% in the second quarter. Public Employees Retirement System of Ohio now owns 37,930 shares of the restaurant operator’s stock worth $452,000 after purchasing an additional 2,162 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in Zoe's Kitchen by 53.2% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,400 shares of the restaurant operator’s stock worth $195,000 after purchasing an additional 5,350 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Zoe's Kitchen by 13.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 79,173 shares of the restaurant operator’s stock worth $1,324,000 after purchasing an additional 9,110 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

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Several equities analysts have issued reports on ZOES shares. BidaskClub raised shares of Zoe's Kitchen from a “strong sell” rating to a “sell” rating in a report on Wednesday, November 15th. Zacks Investment Research raised shares of Zoe's Kitchen from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. ValuEngine upgraded shares of Zoe's Kitchen from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Jefferies Group reiterated a “buy” rating and set a $20.00 price objective on shares of Zoe's Kitchen in a research note on Friday, December 22nd. Finally, Telsey Advisory Group downgraded shares of Zoe's Kitchen from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 10th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.06.

In other Zoe's Kitchen news, major shareholder Misada Capital Flagship Fund L bought 360,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was bought at an average cost of $15.06 per share, for a total transaction of $5,421,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.00% of the company’s stock.

Shares of Zoe's Kitchen Inc (NYSE ZOES) opened at $15.97 on Wednesday. Zoe's Kitchen Inc has a one year low of $10.77 and a one year high of $18.84. The company has a current ratio of 0.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.10. The company has a market cap of $317.91, a price-to-earnings ratio of -145.18 and a beta of 0.29.

Zoe's Kitchen (NYSE:ZOES) last posted its quarterly earnings data on Thursday, February 22nd. The restaurant operator reported ($0.12) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.12). Zoe's Kitchen had a negative net margin of 0.63% and a negative return on equity of 1.46%. The business had revenue of $71.38 million during the quarter, compared to the consensus estimate of $71.64 million. During the same period in the previous year, the firm posted ($0.07) earnings per share. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. research analysts predict that Zoe's Kitchen Inc will post -0.11 EPS for the current fiscal year.

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About Zoe's Kitchen

Zoe’s Kitchen, Inc develops and operates fast-casual restaurants serving a menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality. The Company’s menu offers meals made from scratch using produce, proteins and other ingredients, including its appetizers, soups, salads and kabobs.

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Institutional Ownership by Quarter for Zoe's Kitchen (NYSE:ZOES)

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