ZimVie Inc. (NASDAQ:ZIMV) Stock Holdings Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in ZimVie Inc. (NASDAQ:ZIMV - Free Report) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,244,938 shares of the company's stock after acquiring an additional 107,461 shares during the period. Dimensional Fund Advisors LP owned 4.51% of ZimVie worth $17,367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of ZimVie by 23.9% in the fourth quarter. American Century Companies Inc. now owns 628,050 shares of the company's stock valued at $8,761,000 after purchasing an additional 121,053 shares during the period. JPMorgan Chase & Co. grew its stake in ZimVie by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 183,419 shares of the company's stock worth $2,911,000 after buying an additional 73,395 shares during the last quarter. LPL Financial LLC purchased a new position in shares of ZimVie in the 4th quarter valued at approximately $993,000. Gamco Investors INC. ET AL lifted its stake in shares of ZimVie by 15.1% during the fourth quarter. Gamco Investors INC. ET AL now owns 519,112 shares of the company's stock worth $7,242,000 after buying an additional 68,176 shares during the period. Finally, First Eagle Investment Management LLC grew its stake in ZimVie by 33.6% during the 4th quarter. First Eagle Investment Management LLC now owns 267,971 shares of the company's stock valued at $3,738,000 after purchasing an additional 67,400 shares during the last quarter. Hedge funds and other institutional investors own 95.63% of the company's stock.

ZimVie Stock Performance

Shares of NASDAQ ZIMV traded down $0.43 during trading hours on Friday, reaching $8.76. The stock had a trading volume of 249,399 shares, compared to its average volume of 215,098. The firm has a 50-day moving average of $10.32 and a 200-day moving average of $12.64. ZimVie Inc. has a fifty-two week low of $8.56 and a fifty-two week high of $22.40. The firm has a market cap of $243.94 million, a price-to-earnings ratio of -0.67 and a beta of 2.16. The company has a current ratio of 1.94, a quick ratio of 1.38 and a debt-to-equity ratio of 0.57.

ZimVie (NASDAQ:ZIMV - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.27 earnings per share (EPS) for the quarter. ZimVie had a negative net margin of 77.31% and a positive return on equity of 2.90%. The business had revenue of $112.00 million during the quarter, compared to the consensus estimate of $113.10 million. Equities research analysts predict that ZimVie Inc. will post 0.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

ZIMV has been the topic of a number of analyst reports. B. Riley assumed coverage on ZimVie in a research report on Thursday, April 10th. They set a "buy" rating and a $16.00 target price on the stock. Needham & Company LLC reiterated a "hold" rating on shares of ZimVie in a report on Wednesday, April 9th.

ZimVie Profile

ZimVie Inc, together with its subsidiaries, develops, manufactures, and markets a portfolio of products and solutions designed to treat various spine pathologies, and support dental tooth replacement and restoration procedures worldwide. It operates through two segments, The Dental Segment and The Spine Segment.