D. E. Shaw & Co. Inc. Sells 123,292 Shares of Zumiez Inc. (NASDAQ:ZUMZ)

D. E. Shaw & Co. Inc. lessened its position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 39.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 191,478 shares of the apparel and footwear maker's stock after selling 123,292 shares during the period. D. E. Shaw & Co. Inc. owned approximately 1.00% of Zumiez worth $3,671,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ZUMZ. Divisar Capital Management LLC increased its stake in Zumiez by 33.2% during the 4th quarter. Divisar Capital Management LLC now owns 691,879 shares of the apparel and footwear maker's stock valued at $13,263,000 after buying an additional 172,362 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Zumiez by 19.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 421,045 shares of the apparel and footwear maker's stock valued at $8,071,000 after buying an additional 68,676 shares during the period. JPMorgan Chase & Co. increased its stake in Zumiez by 215.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker's stock valued at $2,034,000 after buying an additional 65,182 shares during the period. BNP Paribas Financial Markets increased its stake in Zumiez by 104.1% during the 4th quarter. BNP Paribas Financial Markets now owns 115,377 shares of the apparel and footwear maker's stock valued at $2,212,000 after buying an additional 58,848 shares during the period. Finally, Tieton Capital Management LLC increased 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 buying an additional 47,435 shares during the period. Institutional investors and hedge funds own 95.45% of the company's stock.

Zumiez Stock Down 3.6%

Zumiez stock traded down $0.44 during trading hours on Friday, hitting $11.91. 227,840 shares of the company traded hands, compared to its average volume of 298,422. The firm has a market cap of $233.04 million, a P/E ratio of -4.63 and a beta of 0.93. The firm's 50-day simple moving average is $13.14 and its two-hundred day simple moving average is $16.27. Zumiez Inc. has a 1-year low of $11.31 and a 1-year high of $31.37.

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 the consensus estimate of $0.79 by ($0.01). Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The business had revenue of $279.16 million for the quarter, compared to the consensus estimate of $276.47 million. During the same quarter last year, the business posted $0.40 EPS. The business's revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts predict 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.