Zumiez Inc. (NASDAQ:ZUMZ) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in Zumiez Inc. (NASDAQ:ZUMZ) by 16.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,359 shares of the apparel and footwear maker’s stock after purchasing an additional 7,972 shares during the quarter. Barclays PLC owned 0.29% of Zumiez worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake in shares of Zumiez by 20.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker’s stock valued at $174,000 after buying an additional 1,555 shares in the last quarter. Brandywine Global Investment Management LLC purchased a new stake in shares of Zumiez during the 4th quarter worth $218,000. Meeder Asset Management Inc. grew its stake in shares of Zumiez by 364.7% during the 4th quarter. Meeder Asset Management Inc. now owns 26,298 shares of the apparel and footwear maker’s stock worth $504,000 after purchasing an additional 20,639 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Zumiez by 26.7% in the 4th quarter. Victory Capital Management Inc. now owns 34,827 shares of the apparel and footwear maker’s stock valued at $668,000 after purchasing an additional 7,336 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its stake in shares of Zumiez by 11.6% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 46,819 shares of the apparel and footwear maker’s stock valued at $898,000 after purchasing an additional 4,880 shares during the period. Institutional investors and hedge funds own 95.45% of the company’s stock.

Zumiez Trading Down 0.5 %

ZUMZ stock opened at $11.99 on Tuesday. Zumiez Inc. has a 52 week low of $11.31 and a 52 week high of $31.37. The company has a market cap of $234.61 million, a P/E ratio of -4.67 and a beta of 0.93. The company’s 50-day moving average price is $13.47 and its 200 day moving average price is $17.07.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 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 last year, the firm earned $0.40 EPS. Zumiez’s revenue was down .9% compared to the same quarter last year. On average, equities research analysts expect that Zumiez Inc. will post -0.12 earnings per share for the current year.

Zumiez Profile

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.