Zumiez Inc. (NASDAQ:ZUMZ) Shares Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd grew its position in Zumiez Inc. (NASDAQ:ZUMZ) by 11.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 46,819 shares of the apparel and footwear maker’s stock after acquiring an additional 4,880 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Zumiez were worth $898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of ZUMZ. Vanguard Group Inc. raised its position in Zumiez by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker’s stock valued at $20,061,000 after purchasing an additional 10,953 shares during the last quarter. State Street Corp boosted its stake in shares of Zumiez by 37.0% during the third quarter. State Street Corp now owns 477,152 shares of the apparel and footwear maker’s stock worth $10,163,000 after buying an additional 128,774 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Zumiez by 19.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 421,045 shares of the apparel and footwear maker’s stock worth $8,071,000 after buying an additional 68,676 shares during the last quarter. Geode Capital Management LLC increased its position in Zumiez by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,589 shares of the apparel and footwear maker’s stock valued at $8,279,000 after acquiring an additional 1,195 shares during the period. Finally, Tieton Capital Management LLC raised its stake in Zumiez by 22.7% during the 4th quarter. Tieton Capital Management LLC now owns 256,505 shares of the apparel and footwear maker’s stock valued at $4,917,000 after acquiring an additional 47,435 shares during the last quarter. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Trading Down 4.3 %

Shares of ZUMZ stock opened at $13.11 on Monday. The company has a market capitalization of $251.17 million, a P/E ratio of -5.10 and a beta of 0.99. The business’s 50 day moving average is $14.80 and its two-hundred day moving average is $18.56. Zumiez Inc. has a twelve month low of $11.63 and a twelve month high of $31.37.

Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm had revenue of $279.16 million for the quarter, compared to analysts’ expectations of $276.47 million. During the same period in the prior year, the company earned $0.40 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. As a group, equities analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.