Virtu KCG Holdings LLC bought a new stake in shares of Zoe’s Kitchen, Inc. (NYSE:ZOES) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 10,881 shares of the restaurant operator’s stock, valued at approximately $130,000. Virtu KCG Holdings LLC owned 0.06% of Zoe’s Kitchen as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Rhumbline Advisers raised its holdings in shares of Zoe’s Kitchen by 0.7% during the 2nd quarter. Rhumbline Advisers now owns 21,143 shares of the restaurant operator’s stock valued at $252,000 after buying an additional 155 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Zoe’s Kitchen by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 66,390 shares of the restaurant operator’s stock valued at $791,000 after buying an additional 399 shares during the period. American International Group Inc. raised its holdings in shares of Zoe’s Kitchen by 7.1% during the 1st quarter. American International Group Inc. now owns 11,765 shares of the restaurant operator’s stock valued at $218,000 after buying an additional 781 shares during the period. Teachers Advisors LLC raised its holdings in shares of Zoe’s Kitchen by 0.5% during the 1st quarter. Teachers Advisors LLC now owns 238,409 shares of the restaurant operator’s stock valued at $4,411,000 after buying an additional 1,110 shares during the period. Finally, TIAA CREF Investment Management LLC raised its holdings in shares of Zoe’s Kitchen by 0.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 734,530 shares of the restaurant operator’s stock valued at $8,748,000 after buying an additional 2,493 shares during the period.

Zoe’s Kitchen (NYSE:ZOES) last announced its earnings results on Thursday, August 17th. The restaurant operator reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Zoe’s Kitchen had a negative return on equity of 0.27% and a negative net margin of 0.07%. The firm had revenue of $74.30 million during the quarter, compared to the consensus estimate of $75.11 million. During the same quarter in the prior year, the company earned $0.06 EPS. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year.

In other Zoe’s Kitchen news, Director A Alexander Taylor II bought 3,100 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was purchased at an average price of $12.87 per share, for a total transaction of $39,897.00. Following the purchase, the director now directly owns 7,508 shares in the company, valued at $96,627.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is owned by corporate insiders.

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Several brokerages recently commented on ZOES. Credit Suisse Group dropped their target price on Zoe’s Kitchen from $13.00 to $12.50 and set an “underperform” rating on the stock in a report on Friday, August 18th. Telsey Advisory Group upgraded Zoe’s Kitchen from a “market perform” rating to an “outperform” rating and raised their target price for the company from $15.00 to $17.00 in a report on Thursday, August 17th. They noted that the move was a valuation call. Robert W. Baird reiterated a “hold” rating and set a $15.00 target price on shares of Zoe’s Kitchen in a report on Tuesday, September 19th. Zacks Investment Research upgraded Zoe’s Kitchen from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Finally, Deutsche Bank AG restated a “hold” rating and set a $13.00 price objective (down from $15.00) on shares of Zoe’s Kitchen in a report on Monday, July 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $17.55.

Zoe’s Kitchen Company Profile

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.

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

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