Man Group plc Has $1.60 Million Position in Zumiez Inc. (NASDAQ:ZUMZ)

Man Group plc grew its position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 33.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 83,572 shares of the apparel and footwear maker's stock after acquiring an additional 21,082 shares during the period. Man Group plc owned 0.44% of Zumiez worth $1,602,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in shares of Zumiez by 20.6% in the 4th quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker's stock valued at $174,000 after acquiring an additional 1,555 shares during the last quarter. Brandywine Global Investment Management LLC acquired a new stake in Zumiez in the fourth quarter valued at $218,000. Algert Global LLC acquired a new stake in Zumiez in the fourth quarter valued at $276,000. Hsbc Holdings PLC increased its holdings in Zumiez by 37.0% in the fourth quarter. Hsbc Holdings PLC now owns 18,397 shares of the apparel and footwear maker's stock valued at $345,000 after purchasing an additional 4,968 shares during the period. Finally, Deutsche Bank AG increased its holdings in Zumiez by 54.7% in the fourth quarter. Deutsche Bank AG now owns 18,411 shares of the apparel and footwear maker's stock valued at $353,000 after purchasing an additional 6,511 shares during the period. 95.45% of the stock is currently owned by institutional investors.

Zumiez Price Performance

NASDAQ ZUMZ traded down $0.14 on Thursday, reaching $12.79. The company had a trading volume of 17,029 shares, compared to its average volume of 298,540. The firm has a market cap of $250.30 million, a price-to-earnings ratio of -4.98 and a beta of 0.93. Zumiez Inc. has a fifty-two week low of $11.31 and a fifty-two week high of $31.37. The business has a 50 day moving average of $13.00 and a two-hundred day moving average of $16.11.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The company had revenue of $279.16 million during the quarter, compared to analyst estimates of $276.47 million. Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The business's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.40 earnings per share. As a group, research analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current fiscal 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.