Voya Investment Management LLC acquired a new position in shares of Zoe’s Kitchen, Inc. (NYSE:ZOES) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 10,691 shares of the restaurant operator’s stock, valued at approximately $127,000. Voya Investment Management LLC owned 0.05% of Zoe’s Kitchen at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ZOES. Airain ltd acquired a new stake in Zoe’s Kitchen during the 2nd quarter worth approximately $126,000. Virtu KCG Holdings LLC acquired a new stake in Zoe’s Kitchen during the 2nd quarter worth approximately $130,000. Royce & Associates LP acquired a new stake in Zoe’s Kitchen during the 2nd quarter worth approximately $179,000. Quantbot Technologies LP lifted its position in Zoe’s Kitchen by 114.5% during the 2nd quarter. Quantbot Technologies LP now owns 17,056 shares of the restaurant operator’s stock worth $203,000 after acquiring an additional 9,106 shares during the period. Finally, American International Group Inc. lifted its position in 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 worth $218,000 after acquiring an additional 781 shares during the period.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Zoe’s Kitchen from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Robert W. Baird cut their target price on Zoe’s Kitchen from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Monday, August 14th. Maxim Group cut their target price on Zoe’s Kitchen from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, August 14th. Telsey Advisory Group raised Zoe’s Kitchen from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $15.00 to $17.00 in a research note on Thursday, August 17th. They noted that the move was a valuation call. Finally, Credit Suisse Group cut their target price on Zoe’s Kitchen from $13.00 to $12.50 and set an “underperform” rating for the company in a research note on Friday, August 18th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $17.15.

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Zoe’s Kitchen, Inc. (NYSE:ZOES) opened at $13.45 on Friday. Zoe’s Kitchen, Inc. has a one year low of $10.77 and a one year high of $27.41. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.61 and a current ratio of 0.71.

Zoe’s Kitchen (NYSE:ZOES) last issued its earnings results on Thursday, November 9th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $77.85 million during the quarter, compared to the consensus estimate of $78.67 million. Zoe’s Kitchen had a negative return on equity of 0.66% and a net margin of 0.12%. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 EPS. equities research analysts predict that Zoe’s Kitchen, Inc. will post -0.1 earnings per share for the current fiscal year.

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.

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

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